3950 Montclair St, Los Angeles, CA 90018

This is a Fantastic Value-add opportunity in an up and coming Jefferson Park neighborhood. There is a solid 40% real and imminent upside in rents. Two of the units will be delivered vacant on or before January 31st , 2018. That affords the fortunate buyer an opportunity to raise rents to market and increase cash flow while re-positioning the property. In addition the (2) 2 car garages and a storage/utility room will be delivered vacant and can generate additional income. 2 of the units have been updated with new windows, cabinets, floors and appliances. The property sits on a spacious corner lot and has new drought-tolerant landscaping and a decorative wrought-iron perimeter fence. The location should continue its trend of re-gentrification benefiting from the proposed District Square development & Crenshaw/LAX light-rail line as well as the existing Baldwin Hillls/Crenshaw Plaza Mall.