1922 MONTROSE ST

LOS ANGELES, CA, 90026

$5,695,000

$509 per ft²
$5,695,000
$509 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
20 Baths
carpenters-square
11,172 ft²
property_type
Multi-family
calendar
Built 1927
1922 Montrose Street is a repositioned 1920's vintage turn-key asset in Echo Park. The offering provides a totally reimagined 20-unit multifamily community in one of the strongest and sought-after rental markets in LA and is ideally located near the iconic Echo Park Lake and within walking distance of many neighborhood hot spots. Seventeen of the twenty units have been thoughtfully renovated and boast a modern, clean aesthetic while still maintaining the original charm that Echo Park is so famous for. Other recent significant upgrades include: 1) The installation of 22 dual-glazed windows throughout the property, 2) The addition of anchored sill plates, plywood added to cripple walls, and a seismically retrofitted foundation 3) 17 Mini-Split air conditioning systems added and 4) New electrical in 17 of the units and all sub-panels were replaced and updated. The 17 fully renovated units feature sleek Scandinavian designs elements, new doors, beautiful hardwood flooring, new cabinetry, new fixtures, bright white wall finishes, and new stainless-steel appliances. Best of all, Echo Park is on the radar of in-the-know prospective apartment investors and renters. 1922 Montrose Streets is a "Walker's Paradise and boasts an enviable Walk Score of 94. There are many stylish and trendy cafes, restaurants, and entertainment venues within walking distance.
MLS® ID:
22-134443
Listed:
3/7/22
Updated:
10/7/22

Interior Features

Total Bedrooms
8
Total Bathrooms
20
Laundry Description
Inside, In Unit
Fireplace
Bath
Cooling
Air Conditioning
Heating
Other

Exterior/Building Features

Lot Size
7,501 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
On street
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LARD2

Property History

Date
Event
Price
Value
10/4/22
Price Change
$5,695,000
-7%

 

Courtesy of KW Commercial Studio City, Nick Astrupgaard,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Parisi Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/7/22

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