Value-Add Multifamily Investment
4214 Mont Clair St Los Angeles, CA 90018
For Sale
Contact for pricing
12-unit apartment building with value-add potential in a high-growth location.
Property Size5,656 SF
Lot Size0.16 Acres
Price / SF$424.33
Days on Market149
Property Features for 4214 Mont Clair St
General Information
- Standard status
- Active
- Size
- 5,656 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #CA 01749321
Source:
Crexi
Added: Feb 25
Changed: Jul 6
Last Checked: Jul 23 at 4:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group
Investment Insights
Based on property information with market context.
This 12-unit apartment community is located on the border of Jefferson Park and West Adams, adjacent to a newly built apartment complex. The two-story garden-style apartment, constructed in 1958, has approximately 5,656 square feet of living space on a 6,750 square foot lot. The property features a secured entrance and gated parking at the front and back. The unit mix consists of 10 one-bedroom units and 2 studio units. Approximately 6 units have been updated, with 3 units featuring in-unit laundry machines. The upgraded units include new flooring, recessed lighting, modern lighting fixtures, new kitchens with quartz countertops and under-cabinet microwaves, and new bathrooms with high-end shower stalls with glass doors. The property has undergone some capital improvements, including double-pane windows throughout and unit upgrades. The property is individually metered for electricity and gas. Parking includes 9 spaces, with 4 in the front and 5 in the back via alley access. The property is located in Jefferson Park, near new residential developments and projects. Nearby developments include 4000 Mont Clair St, 3206 and 2306 W Jefferson Blvd, Villas Montclair (4220 Montclair), Tolton/Montclair Court (4200 Montclair), and The Read (5217 W. Adams Blvd).
Key Highlights
- High‑Growth Location: Situated in a rapidly evolving area of Los Angeles (Jefferson Park/West Adams) with significant new residential and mixed‑use developments underway.
- Value‑Add Opportunity: Proven 43% rental upside with approximately 6 units already updated (3 with in‑unit laundry).
- Strong In‑Place CAP Rate: Offers a 6.04% in‑place CAP Rate, providing positive leverage and immediate return on investment.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J R Maintenance
Construction Company
CM General Contractor
General Contractor
FAQs
What type of property is this?
Apartment building - 12-unit apartment building with value-add potential in a high-growth location.
Where is this apartment building located?
The property is located at 4214 Mont Clair St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High‑Growth Location: Situated in a rapidly evolving area of Los Angeles (Jefferson Park/West Adams) with significant new residential and mixed‑use developments underway.; Value‑Add Opportunity: Proven 43% rental upside with approximately 6 units already updated (3 with in‑unit laundry).; Strong In‑Place CAP Rate: Offers a 6.04% in‑place CAP Rate, providing positive leverage and immediate return on investment.
