4214 Montclair, Los Angeles, CA 90018
- 1 bed |
- 2 baths
Multi-Family Home
Built in ——
6,752sqft lot
—— car garage
$——/sqft
Listed 12 days ago
Property Description
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
- Listing Status:
- Active
- Date Added:
- February 25, 2026
- Data Last Updated:
- March 10, 2026 at 10:13PM
- Listing Office:
- Growth Investment Group Pasade : 626-594-4900
- Listing Agent:
- Handoko Chen : 626-224-2495
- MLS ID:
- AR26042173
- General: N/K
- Pool: N/K
- General: 2 Story
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Los Angeles
- Zoning: Assessor5051006017
- Source: California Regional MLS
This listing courtesy of Handoko Chen , Growth Investment Group Pasade
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Virginia Road Elementary
2925 Virginia Rd, Los Angeles, CA, 90016
Grades KG-5
0.49 miles away
Johnnie Cochran Jr. Middle School
4066 W Johnnie Cochran Vis, Los Angeles, CA, 90019
Grades 6-8
0.81 miles away
Dorsey High School
3537 Farmdale Ave, Los Angeles, CA, 90016
Grades 9-12
1.04 miles away




