1807 Montana Street
Los Angeles, CA, 90026 $ 2,500,000
Bedrooms8 Baths8.0 Sq 3,768 Monthly Estimate*
$ 15,393
Listed by Marcus & Millichap
for $2,500,000 with 8 bedrooms and 8 full baths. This 3,768 square foot home was built in 1914 on a lot size of 0.1598.
We are pleased to present SITU Montana, an architecturally distinctive four-unit boutique multifamily asset located in the heart of Echo Park. Offered at $2,500,000, the property delivers a 5.91% current capitalization rate, supported by large two-bedroom/two-bath residences, premium design execution, and strong in-place rental fundamentals. SITU Montana represents a rare opportunity to own in one of the strongest and most desirable rental pockets in Los Angeles, within a submarket defined by limited new supply, consistent tenant demand, and long-term appreciation fundamentals. SITU Montana is a curated collection of four expansive 2BD/2BA homes originally constructed in 1914 and comprehensively reimagined in 2023 by Dean Levin of 22RE. Levin's interpretation of California Contemporary blends architectural restraint with material richness, elevating the historic structure through thoughtful craftsmanship and spatial clarity. Levin, who trained in architecture at Pratt Institute in New York before a twelve year career as a visual artist exhibited at leading galleries, founded 22RE in 2021 with a focus on extending and elevating Los Angeles' historic residential fabric. The studio has been profiled in PINUP Magazine, named Surface Magazine's "Designer of the Day," and has had projects featured on ArchDaily and in Wallpaper. Notable 22RE work includes the expansion of a 1920s Spanish Revival residence in Los Feliz, flagship retail designs for Malbon and Departamento, and the adaptive reuse of a former Ed Ruscha studio in Glassell Park. Each residence showcases custom millwork, paneled fully equipped kitchens, refined plaster and tile bathrooms, curated finishes, and a cohesive interior palette rarely found in small-scale multifamily offerings. The spa-inspired bathrooms lend a luxurious, tactile quality, while the expansive layouts provide generous living and entertaining space. Large windows and doors invite abundant natural light, creating a warm and inviting indoor-outdoor atmosphere that resonates with Echo Park's creative and professional tenant base. Modern amenities further enhance the living experience, including smart-home automation, in-unit washer/dryers, and fully furnished or partially furnished flexibility (removable upon request), offering optional turnkey leasing appeal. Each residence includes one gated on-site parking space, and two of the units benefit from dedicated office areasan increasingly valuable feature in today's hybrid work environment. The uniform unit mix provides operational efficiency while supporting long-term rent growth potential.Located within distance to neighborhood favorites including Bacetti Trattoria, Canyon Coffee, Honey Hi, and the vibrant Sunset retail corridor, SITU Montana benefits from immediate access to Echo Park's most sought-after dining and lifestyle amenities while maintaining a quiet residential setting just north of Sunset Boulevard.Echo Park remains one of Los Angeles' most culturally influential Eastside neighborhoods, positioned between Downtown Los Angeles, Silver Lake, and Hollywood. The area benefits from strong regional connectivity to major employment hubs while preserving its historic residential fabric characterized by Craftsman bungalows, Spanish Revival residences, and intimate low-rise apartment buildings. Limited new multifamily supply, consistent renter demand, and enduring neighborhood identity continue to support long-term appreciation and income stability for well-located boutique assets such as SITU Montana.
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FeaturesGeneralLiving Area 3768
Appliances Refrigerator Dryer Washer
Zoning LARD1.5
Year Built 1914
Levels Multi/Split
Gross Income 211500
County Los Angeles
Net Operating Income 147751
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Sunset and East of Alvarado
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 6963
Standard Status Active
Year Built Source Assessor
Cap Rate 5.91
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InteriorTotal Stories 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 8
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ExteriorParking Features Uncovered
Total Parking 4
Lot Size Area 6963
Number of Buildings 1
Building Area Total 3768
Lot Size Acres 0.1598
Lot Size Source Assessor
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $15,393
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,847,034
Percent of Sale Price 26%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $2,500,000 | | Listed Price |