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Design-Driven 1920s Fourplex | 6.30% Cap 1807 Montana St 4 Unit Apartment Building $3,615,687 CAD ($903,922 CAD/Unit) 6.30% Cap Rate Los Angeles, CA 90026
Investment Highlights
- Fully remodeled! Artfully restored with high-end custom finishes throughout, blending modern amenities with historic charm.
- Delivered at a 6.30% current return! With existing tenants paying $4,250, $4,400, 4,450, and $4,750.
- Made up of all highly rentable, 2 bedroom, 2 bathroom units (two with dens!).
- Delivered fully furnished! Seller will provide Buyer all furniture free of charge, a value of approximately $40,000.
- Exceptional long-term tenants in place who care for the property, pay premium rents, and love their homes.
- Tenants pay gas and electric in full, and water is partially paid by tenant, making the expenses on this property very light.
Executive Summary
The 2–4 Unit Specialists are proud to present 1807 Montana Ave, a fully restored and design-centric fourplex located in the heart of Echo Park—one of Los Angeles’ most creative and investment-attractive enclaves. With current rents of $4,250, $4,400, $4,450, and $4,750, this trophy asset delivers a strong 6.30% return from day one.
Situated just steps from the iconic Echo Park strip, tenants are within walking distance of LA staples like Bar Flores, Lowboy, Donna’s, and The Short Stop, with Silver Lake and Downtown LA only minutes away, ensuring lasting rental appeal in one of the East Side’s most in-demand locations.
Each unit has been impeccably remodeled from top to bottom with a rare blend of natural textures and warm minimalism, think bespoke millwork, natural oak finishes, built-ins, and dreamy light-filled interiors. The fourplex features two 2-bed/2-bath layouts and two 2-bed/2-bath + dens, all with in-unit laundry, custom cabinetry, and thoughtfully curated furnishings and 1 parking space—making this a true turnkey offering.
Whether you're a long-term investor or looking to owner-occupy one of LA’s most design-forward buildings, 1807 Montana Ave offers both financial performance and lifestyle upside in equal measure.
Act quickly, trophy assets like this in prime Echo Park are rarely offered and never last. Contact us today to schedule a private showing.
Situated just steps from the iconic Echo Park strip, tenants are within walking distance of LA staples like Bar Flores, Lowboy, Donna’s, and The Short Stop, with Silver Lake and Downtown LA only minutes away, ensuring lasting rental appeal in one of the East Side’s most in-demand locations.
Each unit has been impeccably remodeled from top to bottom with a rare blend of natural textures and warm minimalism, think bespoke millwork, natural oak finishes, built-ins, and dreamy light-filled interiors. The fourplex features two 2-bed/2-bath layouts and two 2-bed/2-bath + dens, all with in-unit laundry, custom cabinetry, and thoughtfully curated furnishings and 1 parking space—making this a true turnkey offering.
Whether you're a long-term investor or looking to owner-occupy one of LA’s most design-forward buildings, 1807 Montana Ave offers both financial performance and lifestyle upside in equal measure.
Act quickly, trophy assets like this in prime Echo Park are rarely offered and never last. Contact us today to schedule a private showing.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$292,257
|
$77.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,768
|
$2.33
|
| Effective Gross Income |
$283,489
|
$75.24
|
| Taxes |
$43,366
|
$11.51
|
| Operating Expenses |
$12,292
|
$3.26
|
| Total Expenses |
$55,658
|
$14.77
|
| Net Operating Income |
$227,831
|
$60.46
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $292,257 |
| Annual Per SF | $77.56 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,768 |
| Annual Per SF | $2.33 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $283,489 |
| Annual Per SF | $75.24 |
| Taxes (CAD) | |
|---|---|
| Annual | $43,366 |
| Annual Per SF | $11.51 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,292 |
| Annual Per SF | $3.26 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $55,658 |
| Annual Per SF | $14.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $227,831 |
| Annual Per SF | $60.46 |
Property Facts
| Price | $3,615,687 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $903,922 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.30% | Building Size | 3,768 SF |
| Gross Rent Multiplier | 12.37 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1914/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Zoning | LAR1.5 - restricted Density Multiple Dwelling | ||
| Price | $3,615,687 CAD |
| Price Per Unit | $903,922 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| Gross Rent Multiplier | 12.37 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 3,768 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1914/2025 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | LAR1.5 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Oven
- Range
- Tub/Shower
- Den
- Instant Hot Water
- Island Kitchen
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $6,140 CAD | 942 |
1 1
Walk Score®
Walker's Paradise (96)
Property Taxes
| Parcel Number | 5419-021-005 | Total Assessment | $2,176,849 CAD (2025) |
| Land Assessment | $1,233,548 CAD (2025) | Annual Taxes | $43,366 CAD ($11.51 CAD/SF) |
| Improvements Assessment | $943,302 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
5419-021-005
Land Assessment
$1,233,548 CAD (2025)
Improvements Assessment
$943,302 CAD (2025)
Total Assessment
$2,176,849 CAD (2025)
Annual Taxes
$43,366 CAD ($11.51 CAD/SF)
Tax Year
2024
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Design-Driven 1920s Fourplex | 6.30% Cap | 1807 Montana St
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