Property Detail

4214 Montclair

Los Angeles CA 90018

$2,400,000

Status: Active

Property Details

Description

12-unit Value-add with 6.04% in-place CAP Rate and 43% rental upside, High-Growth location with easy access to many Los Angeles points of interest (DTLA, USC, Koreatown, Mid-City, Westwood, etc.) via FWY 10 and FWY 110. Clean community with Gated entrance and separate meter for electricity and gas. This well-maintained 12-unit apartment community is ideally located on the border of Jefferson Park and West Adams. The property sits in a central location adjacent to newly built apartment complex and within a high-growth area where many new residential developments are recently completed or under construction. The 6.04% in-place CAP Rate provides a positive leverage investment on day-1 while also provides a proven 43% rental upside. Approximately 6 units have been updated with 3 units have in-unit laundry machines, showing a proven value-add strategy. 3 other units have had some kind of updates. Investors can continue to do interior upgrades and capture further significant upside. This offering delivers the perfect trifecta: historic charm + central LA location + proven development tailwinds. The property is a 2-story garden-style apartment that was built in 1958, has about 5,656 SF of living space on a 6,750 SF LAC2 zone lot. The property has secured entrance and gated parking in the front and back. It offers a good unit mix of 10 one-bedroom and 2 studio units. The upgraded units have brand new flooring, recessed lighting, modern lighting fixtures, brand new kitchen with quartz countertop + under cabinet microwave, brand new bathroom with high-end shower stall with glass door, and in-unit laundry (buyer to verify). The property has had some CAPEX improvements including double pane windows throughout, and units’ upgrades. This attractive value-add opportunity is individually metered for electricity and gas. Parking is provided by 9 spaces split between 4 spaces in the front and 5 spaces in the back through alley access. New owner can add a laundry room which will provide additional cash flow. Located in the heart of Jefferson Park—one of Los Angeles' most rapidly evolving neighborhoods, this property is strategically positioned to capitalize on the massive influx of capital and residential development currently transforming the West Adams and Mid-City corridor. The area is defined by a blend of historic charm and high-density modernization, with several major projects validating the long-term value of this pocket.

Map Location

Listing provided courtesy of Handoko Chen of Growth Investment Group Pasade. Last updated 2026-03-15 08:11:21.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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