11920 Montana Avenue

Los Angeles, CA 90049

PRICE REDUCED

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-$1,125,000 (-17.31%)

$5,375,000

List Price

21

bed Beds

19

shower Baths

13,244 sqft

straighten / sqft

1963

calendar_month Built

Property Description

Major price improvement $5,375,000! Generational Asset in Prime Brentwood! We are proud to present this 13,244 SF building comprised of two 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, Seven - 2 bed/ 2 bath units, and One - 1 bed/ 1 Bath units. Two of the 2Bed/2Bath units will be delivered vacant at Close of Escrow. All the units are extremely spacious allowing a savvy investor to maximize the income potential. 80% of the units have been renovated and redone including quartz countertops, and walk-in closets. The elevator was updated 3 year ago. Beyond the top value for these beautiful units, there is even more value in its location. It is a short walk to San Vicente and all of the luxury amenities that Brentwood has to offer. This property also features on-site parking, on-site laundry, and the seismic retrofitting has already been completed by the Seller. Units have received the allowable rental increases in February of 2024. *Drive by only! Do not disturb the tenants*

Listing Information

List Price $5,375,000
Status Pending
MLS 24376837
Type Residential Income
Year Built 1963
Lot Size 9,218
Structure Size 13,244
DOM 185
Courtesy Of Keller Williams Realty Downey
Listing Agent Michael R. Fukushima DRE#01380445
Co-Listing Agent Stephen F. Watson DRE#01187813

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 21
Total Bathroom
Bathrooms 19

Exterior Information

Maps

Listing information courtesy of: Michael R. Fukushima, Stephen F. Watson, Keller Williams Realty Downey 818-321-6490. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 11:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.