3517 Montclair Street, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
3517 Montclair Street,Los Angeles, CA 90018
$1,625,000
- 8 Beds
- 8 Baths
- 5,496 sq. ft.
- Multi-family
- Active
Listed by: jacob zacuto
Office: zacuto group
MLS#:25628249
Source:CRMLS
Price summary
- Price:$1,625,000
- Price per sq. ft.:$295.67
About this home
3517 Montclair Street presents a rare opportunity to acquire an eight 700 SF bungalow-style units in the rapidly revitalizing West Adams and Jefferson Park corridor. The units are arranged around an open central courtyard,offering inherent charm, strong renter appeal, and great in-place income supported by a current 5.87% cap rate. 3 units can be delivered vacant, and there are 2 garages which have the potential to be converted, one of which has recently been fully remodeled and in brand new condition. With a low cost basis of $203,125 per unit and $296 per square foot, investors gain immediate cash flow with clear upside through rental growth and optional ADU conversion of two existing garages. The surrounding neighborhood continues to benefit from new dining, transit improvements, and active mixed-use development, positioning this asset for durable long-term appreciation.
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Home facts
- Year built:1923
- Listing ID #:25628249
- Added:105 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Living area:5,496 sq. ft.
Structure and exterior
- Year built:1923
- Building area:5,496 sq. ft.
- Lot area:0.25 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,625,000
- Price per sq. ft.:$295.67
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