$2,400,000

4214 Montclair, Los Angeles, CA 90018

  • 1 bed |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6,752sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon 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
  • A/C: Wall/Window
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Virginia Road Elementary

2925 Virginia Rd, Los Angeles, CA, 90016

Grades KG-5

0.49 miles away

J

Johnnie Cochran Jr. Middle School

4066 W Johnnie Cochran Vis, Los Angeles, CA, 90019

Grades 6-8

0.81 miles away

D

Dorsey High School

3537 Farmdale Ave, Los Angeles, CA, 90016

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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