Condominium buy in Santa Monica California

First time ever on the market, 12324 Montana Avenue features 10 large and unique apartment homes housed in a beautiful Mid-Century-Modern style building located in prime Brentwood. Adjacent to the Brentwood Country Club and surrounded by luxury condos and multi-million-dollar homes, the 1958 two-story building showcasing its distinctive Butterfly-Roof was originally designed by Alfred T. Wilkes, whose homes can be found in Bel-Air, Holmby Hills & Hancock Park. The building's dramatic V-shaped silhouette makes it a standout and provides a striking alternative to the surrounding traditional roof designs. The building features an ideal unit mix of (6) 2br+2ba units, (2) 2br+den+2ba units and (2) 1br+1ba units averaging 1,200 square feet each. Unit interiors include towering cathedral-like ceilings with floor to ceiling glass, cantilever wrap-around balconies, large stone fireplaces, black slate/tile floors, spacious balconies and patios and hardwood floors. As the post renovated market-rents offer significant rental upside over average in-place rents, with interior finishes well-maintained in their original conditions, 12324 Montana Avenue is a fantastic value-add opportunity.A unique and custom-designed asset in the most ideal of locations, 12324 Montana offers what every investor is looking for - a Stylish Building in an Unbeatable Location with Huge Upside Potential. Property being sold by court-appointed referee and may be subject to court confirmation and overbid hearing. MLS® ID: 22208364 Listed: 10/16/22 Updated: 10/24/22 Interior Features Total Bedrooms: 18 Total Bathrooms: 18 Laundry Description: Common Area Heating: Central Exterior/Building Features Lot Size: 10,481 ft2 lot Architectural Style: Mid-Century Modern School Information High School: Los Angeles Unified Other Property Details Area Name: C06 - Brentwood Garage: No Parking: Covered Parking Total: 10.0 View: Y County: Los Angeles Pool: No Pool Description: None Total Stories: 2 Zoning: LAR3 Courtesy of Coldwell Banker Realty, Susan Lau, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/24/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.