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3517 West Mont Clair Street

Los Angeles CA 90018

8
8
5496 sq. ft.
10994 sq. ft.
Other
Currently for sale - view listing

Overview

3517 Montclair Street presents a rare opportunity to acquire an eight 700 SF bungalow-style units in the rapidly revitalizing West Adams and Jefferson Park corridor. The units are arranged around an open central courtyard,offering inherent charm, strong renter appeal, and great in-place income supported by a current 6.21% cap rate. 3 units will be delivered vacant, and there are 2 garages which have the potential to be converted, one of which has recently been fully remodeled and in brand new condition. With a low cost basis of $193,750 per unit and $282 per square foot, investors gain immediate cash flow with clear upside through rental growth and optional ADU conversion of two existing garages. The surrounding neighborhood continues to benefit from new dining, transit improvements, and active mixed-use development, positioning this asset for durable long-term appreciation.

Features

8 bedrooms
8 bathrooms
5496 sq. ft. floor area
10994 sq. ft. lot size
Other

Happy sellers in Los Angeles

94%
94% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 6 eight-bedroom other properties similar to 3517 West Mont Clair Street, have been sold.

This represents a 200% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

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(619) 566-0008
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