11644 Montana AveLos Angeles, CA 90049
- Residential income properties
- 7,323 SF
Property Details for 11644 Montana Ave
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 7,323 SF
- Zone code
- LAR3
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- 4401-022-039
- APU
- 4401022039
Description
This exceptional 7,323-square-foot executive office building, located at 11644 Montana Avenue in the prestigious Brentwood neighborhood of Los Angeles, presents a rare investment opportunity. Built in 1953, the property sits on a 9,372-square-foot lot and features a desirable mix of ten units: one studio, seven one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one expansive four-bedroom/three-bathroom unit with a den. The building offers ample parking with 11 spaces. Its location on Montana Avenue, just east of Barrington Avenue, provides unparalleled convenience and accessibility. The property is zoned LAR3 and boasts a prime location within Brentwood, a highly sought-after area known for its affluent residents and proximity to major attractions. Minutes from UCLA and the Getty Center, this property also offers easy access to Santa Monica, Beverly Hills, and Westwood. The asking price for this remarkable property is $3,850,000. The property's APN is 4401-022-039. This is a truly unique opportunity to acquire a well-situated, multi-unit executive office building in one of Los Angeles' most desirable neighborhoods.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,307,619
- 6.5%
- $2,130,110
- 7%
- $1,977,959
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,152,798
- Geo Method
- $2,158,440
-
Alternative Use
- Use
- Valuation
- Residential
- $2,130,110
- Hospitality
- $1,951,169
- Educational
- $1,623,350
- Medical
- $1,679,180
- Retail
- $2,525,211
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0557
- Longitude
- -118.466
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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