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4214 Montclair, Los Angeles, CA 90018

Local realty services provided by:CENTURY 21 Masters
4214 Montclair,Los Angeles, CA 90018
$2,400,000
  • - Beds
  • - Baths
  • 5,656 sq. ft.
  • Multi-family
  • Active
Listed by: handoko chen, justin mccardle
Office: growth investment group pasade
MLS#:AR26042173
Source:CRMLS

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$424.33

About this home

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.

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Home facts

  • Year built:1958
  • Listing ID #:AR26042173
  • Added:1 day(s) ago
  • Updated:February 26, 2026 at 05:30 AM

Rooms and interior

  • Living area:5,656 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Flat
  • Year built:1958
  • Building area:5,656 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$424.33
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