3853 MONTCLAIR Street, Los Angeles, CA 90018

About this property

This property is a cookie cutter, 2-story four-plex with a fantastic mix of 1, 2 and 4 bedroom units. The property is a low maintenance asset with long term, seasoned tenants that provide strong current income and huge potential rental upside as rents are well below market. This is an ideal opportunity for a first-time investor or a seasoned veteran to add to their portfolio.Located just east of Crenshaw Blvd, between Adams and Jefferson Blvd's, the property sits in the Jefferson Park / West Adams neighborhoods of Los Angeles, a continually growing and still under-valued investment pocked in Los Angeles. The area boasts close proximity to the USC campus, Culver City, Hollywood and DTLA. Easy access to the 10 freeway, Expo Line and other mass transit.

Listing description from the October 2017 sale, as reported to CRMLS.

Sale history

$805,000

Sold October 2017 · listed $800,000, on market August 2017 · MLS #17260768 · Source: CRMLS

Listing Agent: Daniel Baird · Listing Office: Sperry Van Ness · Contact: 310-979-0800 · Bought with: Glenn Brander · Miller & Desatnik Realty Co.

$425,000

Sold November 2012 · listed $430,000, on market April 2012 · MLS #12594519 · Source: CRMLS

Listing Agent: Miriam Dean · Listing Office: RE/MAX ESTATE PROPERTIES · Contact: 310-802-6000 · Bought with: Miriam Dean · RE/MAX ESTATE PROPERTIES

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