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1315 Montana St

Los Angeles, CA 90026
  • $3,000,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 25546917
UPDATED: 35 min ago
$3,000,000
  • 14
    BEDS
  • 0.2
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 5,152
    SQFT
  • $582
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T10:42:57.59. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164468495
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1315 Montana St Los Angeles, CA 90026

  • Price: $3,000,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 35 min ago
  • MLS #: 25546917
14
Beds
10
Baths
0
½ Baths
0.2
Acres
5,152
SQFT
$582
$/SQFT
1960
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
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.
Exterior Features

Cross Streets Sunset Blvd & Douglas St Direction Faces South Entry Location Ground Level w/steps Exterior Construction StuccoWood Siding Levels Multi/Split Lot Description 5 + Lots Lot Location Hillside Lot Size Area 8867 Other Structures None Parking Garage Side By SideUncovered Pool Description None Pool YN No Roof Composition Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 0 View Description HillsCity LightsCity View YN Yes Water Frontage None

Interior Features

Common Walls Attached Cooking Appliances Oven Cooling Wall Unit(s) Equipment Ceiling FanDishwasherGarbage DisposalHood FanRefrigeratorRange/Oven Fireplace Rooms None Flooring Vinyl Plank Foundation Details Slab Heating Wall Laundry Community Laundry Equipment Lease Water Heater Features Tankless Windows Double Pane Windows

Property Features

Amenities Assoc Barbecue Assessed Total Value 2500000 Disclosures None Gross Income 234722 Gross Operating Income 227681 Like Units1 4 Like Units2 5 Like Units3 1 Net Operating Income 150745.00 Number Of Buildings 1 Number Of Units 10 Owner Pays GardenerWater Property Condition Updated/Remodeled Sale Type Standard Security Features None Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 72137 Type Of Units Apartments Water District Water Heaters YN No Year Built Source Vendor Enhanced Zoning LARD1.5

Listing provided courtesy of Mark Ventre DRE# of Lyon Stahl Investment Real Estate, Inc.: 310-425-9838.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T10:42:57.59. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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