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  • 3517 Montclair Street

3517 Montclair Street, Los Angeles, CA 90018

$1,550,000 Approx. USD 8 beds, 8 baths
5,496 sqft

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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Jacob Zacuto | jake@zacutogroup.com
Lic#: 01377441
Broker: Courtesy of Zacuto Group
Phone: 310-469-9012

Agent Remarks

3517 Montclair Street presents a rare opportunity to acquire an eight 700 SF bungalow-style units in the rapidly revitalizing West Adams and Jefferson Park corridor. The units are arranged around an open central courtyard,offering inherent charm, strong renter appeal, and great in-place income supported by a current 6.21% cap rate. 3 units will be delivered vacant, and there are 2 garages which have the potential to be converted, one of which has recently been fully remodeled and in brand new condition. With a low cost basis of $193,750 per unit and $282 per square foot, investors gain immediate cash flow with clear upside through rental growth and optional ADU conversion of two existing garages. The surrounding neighborhood continues to benefit from new dining, transit improvements, and active mixed-use development, positioning this asset for durable long-term appreciation.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25628249
List price is $1,550,000 Reduced by $25,000 on 5/19/2026
Price: $1,550,000
Beds: 8
Baths: 8
Built in 1923
5,496 sqft
1 story
0.25 acres
Lot size: 0.2524
County: Los Angeles
Zoning: LAR1
Parking description: None
MLS area: C16 - Mid Los Angeles

Last Updated: 6/11/2026

 Days On Market (DOM): 190

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.029918, -118.323171.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com

Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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