Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,065 sqft

Lot size

2,552 sqft

Year built

1956

Stories

2

Garage spaces

2

Heating

Central

Cooling

Wall/Window Unit(s)

View

Coastline,Ocean

Status

Active

Days on market

0

MLS #

249313685

About this property

Fully upgraded duplex in the coveted Jungle neighborhood of Playa del Rey, just steps from the white sandy beach. 108 Montreal Street pairs in-place income with a rare coastal lifestyle location known for its lush greenery and serene feel.The upstairs unit is a 3 bed / 2 bath with an en-suite primary bath, exposed beam ceilings, and a sky deck with partial ocean views. The downstairs unit is a 3 bed / 1 bath with a large private patio and yard, including a covered paver seating area and artificial turf. Each unit has a private one-car garage. Both kitchens are remodeled with white shaker cabinetry, quartz countertops, and stainless steel appliances including gas ranges. Additional upgrades include in-unit stacked washer/dryers, wood-look flooring, and upgraded electrical panels.Both units are tenant occupied, giving investors immediate income with room to bring rents to market over time. Owner-users can occupy one unit and let the other offset ownership costs. Properties in this pocket of Playa del Rey rarely come to market.The heart of the Jungle puts the beach, dining, and bike path moments away, with Playa Vista, Ballona Creek, shopping, and business centers close by and easy access to LAX and the major freeways.

Location

108 Montreal Street

Playa del Rey, Los Angeles, CA, 90293