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108 Montreal Street, Playa del Rey, CA, 90293

108 Montreal Street

$2,200,000

Key Information

Cap Rate
4.16%
$ per SF
$1,065
Tot. SF
2,066
$ per unit
$1,100,000
Units
2
Year Built
1956 | 2024
Type
Apartments
Occupancy
100%
NOI
$91,534

Highlights

• Fully upgraded coastal duplex steps from the beach, offering a rare blend of lifestyle appeal and investment fundamentals
• Remodeled kitchens with white shaker cabinetry, quartz countertops, and stainless steel appliances, plus in-unit stacked washers and dryers
• Upstairs unit with a sky deck featuring partial ocean views; downstairs unit with a large private patio and yard
• Private one-car garage for each unit
• Two tenant-occupied units, offering in-place income with upside as rents move to market
• Owner-users have a path to live in one unit while the other offsets ownership costs

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245