$2,640,000
SOLD AUG 28, 2025
14 Beds
10 Baths
5,152 Sq Ft
8,867 Sq Ft Lot

Recently Sold

$512 Per Sq Ft

12% Below List Price

52 Days on Market

Highlights

  • City Lights View
  • Side by Side Parking
  • Community Barbecue Grill
  • Double Pane Windows
  • Tankless Water Heater
  • Outdoor Grill

About This Home

As of August 2025

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.

Last Agent to Sell the Property

Mark Ventre

Lyon Stahl Investment Real Estate, Inc. License #01811490 Listed on: 06/02/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Jasmine Comino

Compass License #02035263

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 8,867 Sq Ft Lot
  • South Facing Home
  • Hillside Location

Property Views

  • City Lights
  • Hills

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,152 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Plank Flooring
  • Leased Washer and Dryer

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Parking

  • 10 Open Parking Spaces
  • Side by Side Parking

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 5406-011-007

Community Details

Overview

  • 10 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 5152
  • Lot Acreage: 0.2036
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Plank
  • Appliances: Oven
  • Bedrooms: 14
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 10.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 582.30
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Stucco, Wood Siding
  • Other Features: Barbecue Private
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Hills, City Lights, City
  • View: Yes

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Side By Side, Uncovered

Utilities

  • Water Heater: Tankless
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water: District
  • Water Heaters: No

Association/Amenities

  • Amenities: Assoc Barbecue

Lot Info

  • Assessed Improvement Percent: 32.40
  • Assessed Improvement Value: 810000
  • Assessed Land Percent: 67.6
  • Assessed Land Value: 1690000
  • Total Assessed Value: 2500000
  • Assessor Parcel Number: 5406-011-007
  • Lot Description: 5 + Lots
  • Lot Location: Hillside
  • Lot Size Area: 8867

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.78
  • Number Of Units: 10
  • Total Annual Expense: 72137
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $2,640,000 -12.0% $512 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $3,000,000 +48.1% $582 / Sq Ft
11/17/2017 11/17/17 Sold $2,025,000 -- $393 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25546917

The MLS