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4002 Montclair Street, Los Angeles, CA 90018

Property · 2 recorded sales since 2018

4002 Montclair Street, Los Angeles, CA 90018 Sold September 2021 CRMLS
$2,600,000Sold September 2021

Listing Agent: Daniel Bahr (DRE #01488504) · Listing Office: CORE Commercial Real Estate, Inc. · Contact: 323-646-5938 · Bought with: Daniel Bahr · CORE Commercial Real Estate, Inc. · MLS #21766762 · Source: CRMLS

0
Bathrooms
17,185 sqft
Lot Size
Property
Type
CityLights
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About this property

RTI PERMIT READY!!! VACANT LOTS! Start building ASAP. No need to deal with tenants, Ellis Act, Plan Check, demo permit, etc. Mont Clair 20 is an architecturally significant RTI project with 20 spacious units, courtyards, and common area recreation room. The Property is in an Opportunity Zone allowing investors to realize significant tax advantages to developing the Property. Located in the hot West Adams/Jefferson Park district on a 16,596 SF corner site. On-grade construction includes a 38 car garage on the first floor and three stories of apartment units above. Average unit size is over 1,000 sf . West Adams is a rapidly changing neighborhood with new restaurants, shops, and developments popping up throughout the area. Located just blocks away from the Adams Terrace Project (https://abodecommunities.org/communities/) and Johhny's (https://www.johnnyswestadams.com/)

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$2,600,000
Sold September 2021 · listed $2,995,000, on market July 2021 · MLS #21766762 · Source: CRMLS
Listing Agent: Daniel Bahr · Listing Office: CORE Commercial Real Estate, Inc. · Contact: 323-646-5938 · Bought with: Daniel Bahr · CORE Commercial Real Estate, Inc.
$900,000
Sold February 2018 · on market October 2017 · MLS #17282958 · Source: CRMLS
Listing Agent: Jorge Flores · Listing Office: LA Equity Group, Inc. · Contact: 310-487-0851 · Bought with: Daniel Bahr · CORE Commercial Real Estate, I
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