2520 Montrose Avenue

Montrose, CA 91020

  • $2,845,000
    Listed Price
  • 12
    Beds
  • 11
    Baths
  • 5,502 sqft
    $517 / sqft
  • 1947
    Year Built

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Property Description

Located in Montrose, CA within 3 blocks from Downtown Montrose Honolulu Ave Shopping. The property consists of 3 separate structures on one parcel. Two fourplexes and a triplex. There are 11 units, of which ten are 1 bedroom 1 bath units and one is a 2 bedroom 1 bath owner's unit, with private patio and one car garage. Situated on a 10,303 sq. ft. LCR3 zoned lot with future development opportunity. Property has tremendous value add opportunities by upgrading units and raising rents to market. $187,008 Gross Income 15.2 X GRM *** Lowest GRM in Glendale/Montrose/La Cresenta Area


Interior Features

Laundry Information
Location(s) Laundry Area
Kitchen Information
Features Counter Top
Applicances Free Standing Gas, Gas, Oven, Range
Bedroom Information
Bedrooms 12
Bathroom Information
Features Shower Over Tub
Bathrooms 11
Flooring Information
Material Laminated
Interior Information
Rooms Basement, Living Room
Cooling Type Ceiling Fan(s), Dual, Wall or Window Units

Listing Information

Address 2520 Montrose Avenue
City Montrose
State CA
Zip 91020
County Los Angeles
Listing Agent Arthur Chalekian DRE#01982432
Courtesy Of JohnHart Real Estate
MLS 320001620
List Price $2,845,000
Status Active
Type Residential Income
Subtype Residential Income
Structure Size 5,502
Lot Size 10,303
Year Built 1947

Exterior Information

Annie Vartanian
REALTOR®

Company JohnHart Real Estate
DRE 01331682

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Listing information courtesy of: Arthur Chalekian, JohnHart Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of May 27th, 2020 at 4:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.