Montrose CA Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
1,722
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1947
Baths:
MLS#:
P1-19685
Subdivision:
Not Applicable

ADDITIONAL INFORMATION

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.

Type:
Cluster
Sq.Ft.:
13,263
Status:
Active
Beds:
28
Lot size:
0.48 Acres
Year built:
1984
Baths:
14.00
MLS#:
24431831

ADDITIONAL INFORMATION

$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.

Type:
Triplex
Sq.Ft.:
1,841
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1953
Baths:
MLS#:
BB24140682

ADDITIONAL INFORMATION

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.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Montrose Real Estate

The median home value in Montrose, CA is $1,095,100. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Montrose, CA is $1,095,100. Approximately 57.12% of Montrose homes are owned, compared to 38.84% rented, while 4.04% are vacant. 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!

Montrose 91020 is more family-centric than the surrounding county with 37.88% of the households containing married families with children. The county average for households married with children is 30.99%.

Montrose Weather

Montrose Real Estate Market Conditions

  • Median sales price

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  • # Active listings

    17
    30-day change

Montrose Schools and Demographics

Education near Montrose, CA

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Elementary Schools near Montrose, CA

School Grades Students P/T Ratio ZIP
John C. Fremont Elementary KG - 06 690 27.6 91208
La Canada Elementary School KG - 06 663 23.1 91011
La Crescenta Elementary School KG - 06 503 25.8 91214
Monte Vista Elementary School KG - 06 694 26.7 91214
Mountain Avenue Elementary School KG - 06 555 29.2 91214
Palm Crest Elementary School KG - 06 580 21.1 91011
Paradise Canyon Elementary School KG - 06 699 23.3 91011
Verdugo Woodlands Elementary School KG - 06 818 25.6 91208

Middle Schools near Montrose, CA

School Grades Students P/T Ratio ZIP
Rosemont Middle School 07 - 08 1,269 26.9 91214

High Schools near Montrose, CA

School Grades Students P/T Ratio ZIP
Anderson W. Clark Magnet High 09 - 12 1,130 26.7 91214
Crescenta Valley High School 09 - 12 2,693 27.6 91214
La Canada High School 07 - 12 2,102 24.1 91011

Ungraded Schools near Montrose, CA

School Grades Students P/T Ratio ZIP
* Los Angeles County Online High School 09 - 12 304 13 91214
Cloud Preschool UG - UG 0 91214
Verdugo Academy KG - 12 112 28 91214

Demographics near Montrose, CA 91020

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