Property Details
About this Property
12-unit Value-add with 6.04% in-place CAP Rate and 43% rental upside, High-Growth location with easy access to many Los Angeles points of interest (DTLA, USC, Koreatown, Mid-City, Westwood, etc.) via FWY 10 and FWY 110. Clean community with Gated entrance and separate meter for electricity and gas. This well-maintained 12-unit apartment community is ideally located on the border of Jefferson Park and West Adams. The property sits in a central location adjacent to newly built apartment complex and within a high-growth area where many new residential developments are recently completed or under construction. The 6.04% in-place CAP Rate provides a positive leverage investment on day-1 while also provides a proven 43% rental upside. Approximately 6 units have been updated with 3 units have in-unit laundry machines, showing a proven value-add strategy. 3 other units have had some kind of updates. Investors can continue to do interior upgrades and capture further significant upside. This offering delivers the perfect trifecta: historic charm + central LA location + proven development tailwinds. The property is a 2-story garden-style apartment that was built in 1958, has about 5,656 SF of living space on a 6,750 SF LAC2 zone lot. The property has secured entrance and gated parking
MLS Listing Information
MLS #
CRAR26042173
MLS Source
California Regional MLS
Days on Site
16
Interior Features
Appliances
Dryer, Washer
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Flat
Parking, School, and Other Information
Garage/Parking
Gate/Door Opener, Other, Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Handoko Chen
Growth Investment Group Pasade
License #: 01749321
Phone: –
Co-Listing Agent
Justin Mccardle
License #: 01895720
Phone: (310) 606-0192
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4214 Montclair is a Residential Income in Los Angeles, CA 90018. This – square foot property sits on a 6,752 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,400,000 and was built in 1958. This address can also be written as 4214 Montclair, Los Angeles, CA 90018.
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This listing information is up-to-date as of February 26, 2026. For the most current information, please contact Handoko Chen
