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(833) HOME-661
Home661
2830 Montrose Avenue, La Crescenta, CA 91214
- $3,200,000
- List Price
- $3,200,000
- Status
- ACTIVE
- MLS#
- WS26233879
- Year Built
- 1964
- Lot Size
- 27,047
- Acres
- 0.62
- Lot Location
- Street Level
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level, Two Levels
Property Description
Montrose Apartments, is a unique 10-unit multifamily investment located in the Montrose-La Crescenta area of Glendale. The property has been family owned and operated for over 60 years and sits on over 27,000 sq.ft of land. This is part of a portfolio of 3 different properties with the other two located at 2400 Fairway Ave.(16-Cottages) and 2201 Mira Vista Ave.(15-Units). 2834 Montrose Ave is also SFR located on the parcel adjacent and is for sale. It is rare that properties of this caliber and location comes the market. These is a true generational assets available to an investor looking for value add in irreplaceable locations. The subject property consists of a 5-unit apartment building and 5 individual cottages. The 5 unit apartment building consists of (3) one bedroom one bath units, and (2) two bedroom one bath units. All units have either a private balcony or patio with views of the mountains. The 5 units share an onsite laundry facility. The 5 individual cottages each have their own large private backyard. Three units have washer/dryer hookups. The Montrose Apartments have had extensive renovation over the past 5 years. PLEASE DO NOT GO ON PROPERTIES AND DISTURB TENANTS.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $241,020
- Operating Expense
- 83792
Listing courtesy of Listing Agent: KEVIN HURLEY (khurley@bridgeinvestmentgroup.net) from Listing Office: Keller Williams Realty/Pasadena.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.