1315 Montana St Pending

Los Angeles,CA 90026

$ 3000000

14 Beds

10 Baths

5152 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,152 sqft

Price per Sqft $582

MLS Listing ID 25546917

Bedrooms 14

Construction Status Updated/Remodeled

Year Built 1960

Lot Size 8,867 Sqft

Acres 0.2036

Property Sub-Type Multi-Family

Property Description

OPPORTUNITY: Montana Hillside Apartments is an ideal fit for a long-term investor seeking a pride-of-ownership asset in one of L.A.'s most character-rich and walkable neighborhoods. Located just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, the property offers unbeatable lifestyle access while maintaining a quiet, elevated residential setting. Eight of the ten units have been thoughtfully renovated with high-end finishes, positioning the asset as best-in-class for mid-century vintage product in Echo Park. With in-place rents still over 20% below market, there's meaningful upside through natural turnover without the risk or complexity of a heavy reposition. This is a rare opportunity to own a stabilized, design-forward building in a supply-constrained enclave that continues to attract strong, long-term tenant demand. PROPERTY: Montana Hillside Apartments is a boutique 10-unit mid-century modern apartment building nestled in the hills of Echo Park. Constructed in 1960, this 5,152 square foot property sits on an expansive 8,865 SF LAR1.5-zoned lot, offering a blend of classic architecture and contemporary upgrades. The unit mix comprises a combination of spacious one- and two-bedroom layouts, with eight units extensively renovated to include quartz countertops, stainless steel appliances, farmhouse sinks, oversized tubs, custom cabinetry, plank flooring, and air conditioning. Select units boast breathtaking views of Echo Park and Silver Lake, providing tenants with a serene living experience. The property features 10 parking spaces, new tankless water heaters, and an outdoor amenity space with potential for a dog run enhancing tenant retention and lifestyle appeal. Its prime location offers residents a quiet, elevated setting just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, ensuring easy access to a plethora of dining, shopping, and entertainment options.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Flooring Vinyl Plank

Fireplaces Type None

Equipment Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Side By Side, Uncovered

Pool None

Amenities Available Assoc Barbecue

Waterfront Description None

View Y/N Yes

View Hills, City Lights, City

Roof Type Composition

Building

Lot Description 5 + Lots

Story 2

Foundation Slab

Water District

Level or Stories Multi/Split

Structure Type Stucco, Wood Siding

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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