$1,550,000
3517 Montclair Street
Los Angeles, CA 90018
8
Beds
8
Baths
5,496
Sq. Ft.
1923
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
3517 Montclair Street presents a rare opportunity to acquire an eight 700 SF bungalow-style units in the rapidly revitalizing West Adams and Jefferson Park corridor. The units are arranged around an open central courtyard,offering inherent charm, strong renter appeal, and great in-place income supported by a current 6.21% cap rate. 3 units will be delivered vacant, and there are 2 garages which have the potential to be converted, one of which has recently been fully remodeled and in brand new condition. With a low cost basis of $193,750 per unit and $282 per square foot, investors gain immediate cash flow with clear upside through rental growth and optional ADU conversion of two existing garages. The surrounding neighborhood continues to benefit from new dining, transit improvements, and active mixed-use development, positioning this asset for durable long-term appreciation.
Property Details
Architecture
Features & Amenities
Property Features
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Mortgage Estimate
$8,250/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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