1922 Montrose Street
1922 Montrose Street
$5,285,000
8
20
11,172
11,172
$473
Sold 3/20/23
Description
1922 Montrose Street is a repositioned 1920's vintage turn-key asset in Echo Park. The offering provides a totally reimagined 20-unit multifamily community in one of the strongest and sought-after rental markets in LA and is ideally located near the iconic Echo Park Lake and within walking distance of many neighborhood hot spots. Seventeen of the twenty units have been thoughtfully renovated and boast a modern, clean aesthetic while still maintaining the original charm that Echo Park is so famous...1922 Montrose Street is a repositioned 1920's vintage turn-key asset in Echo Park. The offering provides a totally reimagined 20-unit multifamily community in one of the strongest and sought-after rental markets in LA and is ideally located near the iconic Echo Park Lake and within walking distance of many neighborhood hot spots. Seventeen of the twenty units have been thoughtfully renovated and boast a modern, clean aesthetic while still maintaining the original charm that Echo Park is so famous for. Other recent significant upgrades include: 1) The installation of 22 dual-glazed windows throughout the property, 2) The addition of anchored sill plates, plywood added to cripple walls, and a seismically retrofitted foundation 3) 17 Mini-Split air conditioning systems added and 4) New electrical in 17 of the units and all sub-panels were replaced and updated. The 17 fully renovated units feature sleek Scandinavian designs elements, new doors, beautiful hardwood flooring, new cabinetry, new fixtures, bright white wall finishes, and new stainless-steel appliances. Best of all, Echo Park is on the radar of in-the-know prospective apartment investors and renters. 1922 Montrose Streets is a "Walker's Paradise and boasts an enviable Walk Score of 94. There are many stylish and trendy cafes, restaurants, and entertainment venues within walking distance.
- Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01458187 • KW Commercial Studio City
- Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01458187 • KW Commercial Studio City
Property Details for 1922 Montrose Street
Zoning
LARD2
Parcel Number5404004008
Total Units20.0
Living Area11172
Source Living AreaAssessor
AreaSilver Lake (671)
Vacancy Rate90%
Lot Size Area7501
Location
LISTING UPDATED: 03/20/2023 10:45 AM
Property Details for 1922 Montrose Street
Status | Sold |
---|---|
MLS # | 22-134443 |
Days on Market | 377 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1927 |
Lot Size | 0.17 AC / 7,501 SF |
County | Los Angeles County |
Location
Building Information for 1922 Montrose Street
Stories2Residences-Year Built1927Building Size-Lot Size0.17 AC / 7,501 SF
Payment Calculator
$32,754 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1922 Montrose Street
Property History for 1922 Montrose Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1922 Montrose Street
Taxable ValueLand$1,476,421Additions$2,299,215Total$3,775,636
Tax Record2023$46,942 ($3,912 / month)
Home Facts
Total Finished SqFt11,172 SqFtAbove Grade Finished SqFt11,172 SqFtLot Size7,501 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningLARD2CountyLOS ANGELESAPN5404-004-008
Schools near 1922 Montrose Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Camino Nuevo Charter Academy No. 4 CharterK to 8 | ||
Virgil Middle School Public6 to 8 | ||
Edward R. Roybal Learning Center Public9 to 12 | ||
Miguel Contreras Learning Complex School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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