11920 Montana Ave | Los Angeles, CA 90049

SALE PRICE: $5,140,000

PRICE/UNIT: $514k          PRICE/SF: $388                  GRM: 17.87                 CAP RATE: 4.95%

TRANSACTION HIGHLIGHTS

• AAA+ Brentwood Location on Montana + San Vicente Blvd

• PROPERTY sold with an all cash non-contingent offer and 21 day close - buyer represented by Michael Monempour

• 89 WALK SCORE! - close to an array of fine dining, shopping and entertainment options

• DELIVERED with two units vacant

• LARGE & spacious units averaging 1,100 SF per unit

• 2024 RECORD High $514,500/Unit for Rent Controlled Building in 2024

• EXCELLENT Unit Mix consisting of Two 3 Bedroom/2 Bathroom & One - 1 Bedroom / 1 Bathroom Units

• BUILDING Amenities includes elevator, on site laundry room, and ample parking

• 22% UPSIDE in Market Rents