4214 Montclair, Los Angeles, CA 90018
Local realty services provided by:ERA North Orange County Real Estate
Listed by: handoko chen, justin mccardle
Office: growth investment group pasade
MLS#:AR26042173
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,400,000
About this home
12-unit Value-add with 6.04% in-place CAP Rate and 43% rental upside, High-Growth location with easy access to many Los Angeles points of interest (DTLA, USC, Koreatown, Mid-City, Westwood, etc.) via FWY 10 and FWY 110. Clean community with Gated entrance and separate meter for electricity and gas. This well-maintained 12-unit apartment community is ideally located on the border of Jefferson Park and West Adams. The property sits in a central location adjacent to newly built apartment complex and within a high-growth area where many new residential developments are recently completed or under construction. The 6.04% in-place CAP Rate provides a positive leverage investment on day-1 while also provides a proven 43% rental upside. Approximately 6 units have been updated with 3 units have in-unit laundry machines, showing a proven value-add strategy. 3 other units have had some kind of updates. Investors can continue to do interior upgrades and capture further significant upside. This offering delivers the perfect trifecta: historic charm + central LA location + proven development tailwinds. The property is a 2-story garden-style apartment that was built in 1958, has about 5,656 SF of living space on a 6,750 SF LAC2 zone lot. The property has secured entrance and gated parking in the front and back. It offers a good unit mix of 10 one-bedroom and 2 studio units. The upgraded units have brand new flooring, recessed lighting, modern lighting fixtures, brand new kitchen with quartz countertop + under cabinet microwave, brand new bathroom with high-end shower stall with glass door...
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Home facts
- Listing ID #:AR26042173
- Added:17 day(s) ago
- Updated:March 15, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,400,000
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