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About this home
Fully upgraded duplex in the coveted Jungle neighborhood of Playa del Rey, just steps from the white sandy beach. 108 Montreal Street pairs in-place income with a rare coastal lifestyle location known for its lush greenery and serene feel. The upstairs unit is a 3 bed / 2 bath with an en-suite primary bath, exposed beam ceilings, and a sky deck with partial ocean views. The downstairs unit is a 3 bed / 1 bath with a large private patio and yard, including a covered paver seating area and artificial turf. Each unit has a private one-car garage. Both kitchens are remodeled with white shaker cabinetry, quartz countertops, and stainless steel appliances including gas ranges. Additional upgrades include in-unit stacked washer/dryers, wood-look flooring, and upgraded electrical panels. Both units are tenant occupied, giving investors immediate income with room to bring rents to market over time. Owner-users can occupy one unit and let the other offset ownership costs. Properties in this pocket of Playa del Rey rarely come to market. The heart of the Jungle puts the beach, dining, and bike path moments away, with Playa Vista, Ballona Creek, shopping, and business centers close by and easy access to LAX and the major freeways.
Multi-familyProperty Type
1956Year Built
2,552 sq ftLot Size
$1,065Price/Sq.Ft.
2 car garageParking
Listed by Nabil Awada•DRE #02046840• Matthews Real Estate Investment Services
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public 9-12 • Assigned • 1.2mi
5/10
Provided by GreatSchools
About Playa del
Rey
Playa del Rey, located between Marina del Rey and El Segundo, is a coastal and residential Los Angeles neighborhood with a wide sandy beach and a laid-back harbor edge. The neighborhood’s character concentrates around Culver Boulevard near Vista del Mar, where surf shops, low-key cafes, and patio dining meet the salt-air stroll. Playa Provisions, Tanner’s Coffee, and The Shack anchor the local scene with a distinctly beach-town cadence. Streets mix mid-century apartments, compact bungalows, and newer condos, often oriented to ocean breezes. Blufftop paths and the Ballona Wetlands frame daily walks with birdlife and open sky. The shoreline and bike routes link naturally to outdoor routines and after-work sunsets.
Provided by Walk Score and Local Logic
Offer insights
108 Montreal St · $2,200,000
$2.28M and above
75% chance or better to win
Why $2.28M+ is a strong offer
DAYS ON MARKET
3 days
The average home goes pending in 69 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Track lighting
Recessed lighting
Turnkey
Mirrored closet doors
Bedrooms
6 bedrooms
Bathrooms
3 bathrooms
Remodeled bathrooms
Fiberglass shower enclosure
Kitchen
Remodeled kitchen open to the family room
Dishwashers
Garbage disposals
Refrigerators
Ranges
Range hoods
Gas ovens
Microwave
Laundry & utility
Laundry inside each unit
Washer and dryer
Individually owned laundry equipment
Flooring
Tile floors
Heating & cooling
Central heat
Air conditioning
Wall/window unit cooling
Gas water heaters
Exterior features
Open patio
Deck
Balcony
Awning
Living room balcony
Sliding glass doors
Ocean and coastline views
Walk-street views
Beach and ocean access
Fenced
Home design
Residential income property
Duplex
Two stories
Multilevel
Ground-level entry with no steps
Parking
Attached assigned garage with door opener
2 parking spaces
Utilities
Water district
Sewer connected
Financial info
Gross income of $122,310
Gross operating income of $122,310
Net operating income of $91,534
Annual expenses of $30,776
Gross rent multiplier of 17.99
Both units leased
Unit 1: 3 bedrooms, 2 bathrooms, actual rent of $5,300 per month, projected rent of $6,000 per month
Unit 2: 3 bedrooms, 1 bathroom, actual rent of $4,893 per month, projected rent of $5,850 per month
Owner pays water and gardening
Tenants pay cable TV, electricity, gas, insurance, trash, and other expenses
Electricity and solar
View estimated energy costs and solar savings for this home
AMAZING OPPORTUNITY! Coastal Duplex just a short distance from the ocean, located in the Playa del Rey area referred to as “The Jungle”. The upstairs unit has 3 bedrooms and 2 bathrooms with an ocean view from the front balcony. The downstairs unit has 3 bedrooms and 1 bathroom with a large enclosed patio. So many possibilities for an owner/user or as an investment property. Close to all Playa del Rey has to offer – shopping, dining, the bike path, the beach, Playa Vista and Ballona Creek, to name a few. Properties in this area rarely come on the market. Don’t miss this exceptional opportunity!
CRMLS #SB22033641
Mar 4, 2022
Listing Removed
—
Feb 23, 2022
Listed
$1,725,000
$835/sq ft
Public Records
Apr 9, 1980
Sold
$155,500
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$25,841 (+1.1%)
$1,547,877 + $648,375
$2,196,252
2024
$25,566 (+2.0%)
$1,517,527 + $635,662
$2,153,189
2023
$25,067 (+54.6%)
$1,487,772 + $623,199
$2,110,971
2022
$16,211 (+199.4%)
$1,458,600 + $610,980
$2,069,580
2021
$5,414 (−1.0%)
$1,020,000 + $357,000
$1,377,000
2020
$5,466 (+4.1%)
$289,629 + $158,961
$448,590
2019
$5,252 (+1.0%)
$286,660 + $157,332
$443,992
2018
$5,200 (+2.2%)
$281,040 + $154,248
$435,288
2017
$5,088 (+2.7%)
$270,128 + $148,259
$418,387
2016
$4,954 (+1.5%)
$270,128 + $148,259
$418,387
2015
$4,881 (−0.5%)
$264,832 + $145,352
$410,184
2014
$4,907 (−1.2%)
$255,745 + $140,365
$396,110
2012
$4,965 (+3.3%)
$254,590 + $139,731
$394,321
2011
$4,808 (−1.2%)
$249,599 + $136,992
$386,591
2010
$4,867 (+3.9%)
$244,705 + $134,306
$379,011
2009
$4,683 (+4.5%)
$242,877 + $133,303
$376,180
2008
$4,482
$243,454 + $133,620
$377,074
Public record
Beds
6
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
2,552 Sq. Ft.
Year renovated
1958
Finished Sq. Ft.
2,065
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,065
Year built
1956
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4116032020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
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