Glen Scher
Senior Managing Director Investments
CalDRE #01962976
Glen Scher
Senior Managing Director Investments
CalDRE #01962976
1807 Montana Street, Los Angeles, CA 90026
Four architect-designed 2BD/2BA residences in Echo Park, reimagined in 2023 by Dean Levin.
Exclusively listed by the LAAA Team at Marcus & Millichap
- Listing Price
- $2,395,000
- Cap Rate
- 5.84%
- Units
- 4
- GIM
- 11.62
- Price / Unit
- $598,750
- Price / SF
- $635.62
- Gross SF
- 3,768 SF
- Year Built
- 1914
Offering
The Offering
The LAAA Team of Marcus & Millichap presents 1807 Montana Street, a four-unit boutique multifamily property in the heart of Echo Park. Offered at $2,395,000, it delivers a 5.84% current cap rate with upside to 6.94% upon stabilization. Originally built in 1914 and comprehensively reimagined in 2023 by Dean Levin of 22RE, the property holds four uniform 2BD/2BA residences averaging roughly 942 square feet, each with an in-unit washer and dryer, air conditioning, smart-home integration, and one dedicated on-site parking space.
- 01
Architect-designed by Dean Levin of 22RE, the Pratt-trained architect profiled in PIN-UP Magazine and Surface
- 02
5.84% current cap rate with 6.94% stabilized upside, on $139,858 current NOI projected to $166,121
- 03
Uniform 2BD / 2BA unit mix, all four residences averaging roughly 942 square feet
- 04
Comprehensively renovated in 2023, reducing the deferred-maintenance risk common to vintage Echo Park assets
- 05
Premium interiors throughout: paneled kitchens, plaster and tile bathrooms, custom cabinetry, in-unit washer and dryer, and air conditioning
- 06
One dedicated on-site parking space per unit, a scarce amenity in dense Echo Park
- 07
Four rear garages may support detached ADU conversion, subject to City approval and buyer verification of parking replacement
- 08
Walkable Echo Park location steps from Bacetti Trattoria, Canyon Coffee, Honey Hi, and the Sunset retail corridor
Gallery
Inside the Offering
1807 Montana Street, Los Angeles, CA 90026
Location
Echo Park
1807 Montana Street, Los Angeles, CA 90026
The property sits on Montana Street in the residential core of Echo Park, one of the Eastside's most supply-constrained rental submarkets. Residents are within walking distance of Bacetti Trattoria, Canyon Coffee, Honey Hi, and the Sunset Boulevard retail corridor, with Downtown Los Angeles roughly three miles to the southeast.
Listing Team
Exclusively listed by the LAAA Team.
For offering materials, financials, or offer guidance, reach out directly.
Filip Niculete
Senior Managing Director Investments
CalDRE #01905352
Filip Niculete
Senior Managing Director Investments
CalDRE #01905352
Next Step
Ready to dig into the financials?
Sign the Confidentiality Agreement to access the full Offering Memorandum for 1807 Montana Street, Los Angeles, CA 90026.
