Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90026 1315 Montana Street

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Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 25546917
  • 06/02/2025
  • Request Tour
  • Request Info
  • Beds • 14
  • Baths • 10
  • SQFT • 5,152
  • Year Built • 1960

Home Details

OPPORTUNITY: Montana Hillside Apartments is an ideal fit for a long-term investor seeking a pride-of-ownership asset in one of L.A.'s most character-rich and walkable neighborhoods. Located just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, the property offers unbeatable lifestyle access while maintaining a quiet, elevated residential setting. Eight of the ten units have been thoughtfully renovated with high-end finishes, positioning the asset as best-in-class for mid-century vintage product in Echo Park. With in-place rents still over 20% below market, there's meaningful upside through natural turnover without the risk or complexity of a heavy reposition. This is a rare opportunity to own a stabilized, design-forward building in a supply-constrained enclave that continues to attract strong, long-term tenant demand. PROPERTY: Montana Hillside Apartments is a boutique 10-unit mid-century modern apartment building nestled in the hills of Echo Park. Constructed in 1960, this 5,152 square foot property sits on an expansive 8,865 SF LAR1.5-zoned lot, offering a blend of classic architecture and contemporary upgrades. The unit mix comprises a combination of spacious one- and two-bedroom layouts, with eight units extensively renovated to include quartz countertops, stainless steel appliances, farmhouse sinks, oversized tubs, custom cabinetry, plank flooring, and air conditioning. Select units boast breathtaking views of Echo Park and Silver Lake, providing tenants with a serene living experience. The property features 10 parking spaces, new tankless water heaters, and an outdoor amenity space with potential for a dog run enhancing tenant retention and lifestyle appeal. Its prime location offers residents a quiet, elevated setting just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, ensuring easy access to a plethora of dining, shopping, and entertainment options.
Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 1315 Montana Street

Bedrooms

Total Bedrooms14

Bathrooms

Half Baths0
Total Baths10
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesCommonArea
Total Stories2
Window FeaturesDoublePaneWindows

General for 1315 Montana Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Oven, Refrigerator
Attached Garage No
Cap Rate5.02
Carport Y/NNo
CityLos Angeles
Construction MaterialsStucco, WoodSiding
CountyLos Angeles
DirectionsJust west of Dodgers Stadium and two blocks north of Sunset Blvd.
Electric On Property Y/NNo
Entry LocationGround Level w/steps
Facing DirectionSouth
Full Baths
Garage Y/NNo
Gross Income234722.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet8867.0
Lot Size UnitsSquareFeet
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
Net Operating Income150745.0
New ConstructionNo
Number Of Units Total10
Open Parking Spaces10.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
ViewCityLights, Hills
Year Built1960
ZoningLARD1.5

Exterior for 1315 Montana Street

Building Area Total5152.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2036
Lot Size Area8867.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesSideBySide, Uncovered
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $3,000,000
MLS#25546917
List Date 06/02/2025
Property Type Multi-Family
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