12324 Montana Ave

Brentwood, Los Angeles, CA 90049

$6,400,000
18
beds
Multi Family Townhouse

AGENTS

Rachelle Rosten
Rachelle Rosten
  • Licensed Real Estate Salesperson
  • DRE #: 01255977
V-Card
Source of Data:
California Real Estate Technology Services

Property Description

First time ever on the market, 12324 Montana Avenue features 10 large and unique apartment homes housed in a beautiful Mid-Century-Modern style building located in prime Brentwood. Adjacent to the Brentwood Country Club and surrounded by luxury condos and multi-million-dollar homes, the 1958 two-story building showcasing its distinctive Butterfly-Roof was originally designed by Alfred T. Wilkes, whose homes can be found in Bel-Air, Holmby Hills & Hancock Park. The building's dramatic V-shaped silhouette makes it a standout and provides a striking alternative to the surrounding traditional roof designs. The building features an ideal unit mix of (6) 2br+2ba units, (2) 2br+den+2ba units and (2) 1br+1ba units averaging 1,200 square feet each. Unit interiors include towering cathedral-like ceilings with floor to ceiling glass, cantilever wrap-around balconies, large stone fireplaces, black slate/tile floors, spacious balconies and patios and hardwood floors. As the post renovated market-rents offer significant rental upside over average in-place rents, with interior finishes well-maintained in their original conditions, 12324 Montana Avenue is a fantastic value-add opportunity.A unique and custom-designed asset in the most ideal of locations, 12324 Montana offers what every investor is looking for - a Stylish Building in an Unbeatable Location with Huge Upside Potential. Property being sold by court-appointed referee and may be subject to court confirmation and overbid hearing. Seller may carry back up to 50% of the purchase price.
Show MoreShow Less

PROPERTY DETAILS

  • Interior
    12,209 Sq Ft.
  • Exterior
    .24 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
    1958
  • MLS/Listing ID
    22-208364
  • Days On Market
    65

Amenities

  • Fireplace(s)
  • Cathedral Ceilings
  • Glass Ceilings
Show MoreShow Less
Listing Courtesy of Coldwell Banker Realty, Eric Sackler - 01057377 - 310-979-4990 and Susan Lau - 01516710