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12324 Montana Avenue, Los Angeles, CA 90049

12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue
12324 Montana Avenue

Property Details

Beds18 Baths18 Garage10 Lot Size10,481 sq. ft
Year1958 Bldg Size12,209 sq. ft

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. 

Contact LA1 or LA2 for full offering memorandum. Soft story not completed. Property being sold by court-appointed referee and may be subject to court confirmation and overbid hearing. (Court ordered sale, NOT Probate).  Seller may carryback a portion of the purchase price. Ask brokers for detail.  

We have received permission from the Court Receivers to schedule the offer due date on December 2, 2022 by 12:00PM. Please contact LA1 or LA2.

Property Type Multi-Family

Property Status: For Sale

Property Features

Units 10 Units

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    Location

    12324 Montana Avenue, Los Angeles, California 90049

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