Nestled just blocks from the vibrant Montrose Shopping Park and all essential amenities, 4117 Ocean View Blvd presents a unique duplex opportunity perfect for buyers and investors alike. This property boasts a combined unit square footage of 1,722 square feet on a low-maintenance lot, ensuring minimal upkeep. The downstairs unit is fully updated, featuring 2 bedrooms and 1 bath, with parking accessible from the rear alley, providing direct entrance through the kitchen laundry area. The upstairs unit offers 1 bedroom, 1 bath, vaulted ceilings, and a charming front balcony with beautiful views. The front unit also includes front driveway parking and a two-car garage with laundry hookups. The property offers easy access to local transportation, freeways, and some of the best local shopping. Whether you're looking for an owner-user opportunity, starting your investment portfolio, or looking to add another property, this is an ideal choice. Photos are of the downstairs unit and exterior only.
$600,000 PRICE IMPROVEMENT! Offered for sale for the first time in over 40 years since its original construction in 1984, this great investment opportunity features 14 spacious units, each offering 2 bedrooms and 1 bathroom. Situated on nearly 21,000 square feet of land across two lots, the building itself spans 13,263 square feet and is located in the highly desirable Montrose community, adjacent to La Canada. The property has numerous desirable features for each unit, including 2 covered parking spaces, enclosed balconies/patios, wood/gas fireplaces in the living rooms, and separate metering for gas and electricity. Thirteen of the fourteen units are equipped with central air and heating, and each unit has its own water heater. The property also presents significant rental upside potential, complemented by additional income from the on-site laundry facilities. A newer Class 'A' roof was installed in 2015, ensuring durability and reduced maintenance costs. Tenants enjoy the convenience of being within minutes of the historic Montrose Shopping Park, the retail corridor of Foothill Blvd, and easy access to the 210 Freeway. With a Walk Score of 82, the location is considered 'Very Walkable.' This property, located in Unincorporated Los Angeles County, is subject to rent control ordinances. It represents an excellent investment opportunity, ideal for both new investors and those looking for a 1031 exchange upleg. For more details, please inquire within.
This residential investment property is a fantastic opportunity in the heart of Montrose! Just a block away from restaurants, transportation, and entertainment. This triplex features three units, and a bonus bachelor pad: two one-bedroom, one-bathroom units, and a two-bedroom, one-bathroom unit. Recent updates include copper plumbing, a new main line, and washer/dryer hook-ups in one unit, with a laundry room on the premises. The property has four separate gas and electric meters, one main water meter.
The median home value in Montrose, CA is $885,000. The national median home value is $338,100. The average price of homes sold in Montrose, CA is $885,000. Montrose real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montrose real estate agent to arrange a tour today!