1315 Montana St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,152 sqft
Price per Sqft $582
MLS Listing ID 25540161
Bedrooms 14
Year Built 1960
Lot Size 8,867 Sqft
Acres 0.2036
Property Sub-Type Multi-Family
Property Description
THE OPPORTUNITY: Montana Hillside Apartments is an ideal fit for a long-term investor seeking a pride-of-ownership asset in one of L.A.'s most character-rich and walkable neighborhoods. Located just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, the property offers unbeatable lifestyle access while maintaining a quiet, elevated residential setting. Eight of the ten units have been thoughtfully renovated with high-end finishes, positioning the asset as best-in-class for mid-century vintage product in Echo Park. With in-place rents still over 20% below market, there's meaningful upside through natural turnover without the risk or complexity of a heavy reposition. This is a rare opportunity to own a stabilized, design-forward building in a supply-constrained enclave that continues to attract strong, long-term tenant demand. THE PROPERTY: Montana Hillside Apartments is a boutique 10-unit mid-century modern apartment building nestled in the hills of Echo Park. Constructed in 1960, this 5,152 square foot property sits on an expansive 8,865 SF LAR1.5-zoned lot, offering a blend of classic architecture and contemporary upgrades. The unit mix comprises a combination of spacious one- and two-bedroom layouts, with eight units extensively renovated to include quartz countertops, stainless steel appliances, farmhouse sinks, oversized tubs, custom cabinetry, plank flooring, and air conditioning. Select units boast breathtaking views of Echo Park and Silver Lake, providing tenants with a serene living experience. The property features 10 parking spaces, new tankless water heaters, and an outdoor amenity space with potential for a dog run, enhancing tenant retention and lifestyle appeal. Its prime location offers residents a quiet, elevated setting just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, ensuring easy access to a plethora of dining, shopping, and entertainment options.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LARD1.5
Interior
Laundry Community
Exterior
Garage Spaces 10.0
Roof Type Composition, Roll
Building
Story 2
Structure Type Stucco, Wood Siding
Others
Special Listing Condition Standard
Virtual Tour https://view.spiro.media/1315_montana_st-3384