2310 Del Mar Road
$5,000,000
28
14
13,263
13,263
$377
Description
$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...$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.
- Listed by Shant Sherbetdjian • DRE #01713570 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 2310 Del Mar Road
Zoning
LCR3*
Cross StreetsOcean View Blvd & Montrose Ave
Parcel Number5807002058
Total Units14.0
Living Area13263
Source Living AreaAssessor
AreaLa Crescenta/Glendale/Montrose/Sparr Heights (635)
Vacancy RateNone
LISTING UPDATED: 09/18/2024 04:21 PM
Property Details for 2310 Del Mar Road
Status | Active |
---|---|
MLS # | 24-431831 |
Days on Market | 42 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1984 |
Lot Size | 0.48 AC / 20,890 SF |
County | Los Angeles County |
Building Information for 2310 Del Mar Road
Stories2Residences-Year Built1984Building Size-Lot Size0.48 AC / 20,890 SF
Property Information for 2310 Del Mar Road
Property History for 2310 Del Mar Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2310 Del Mar Road
Taxable ValueLand$141,756Additions$597,159Total$738,915
Tax Record2024$10,620 ($885 / month)
Home Facts
Total Finished SqFt8,528 SqFtAbove Grade Finished SqFt8,528 SqFtLot Size10,382 SqFtStyleMulti-Family Res (5+ Units)Year Built1984ZoningLCR3*CountyLOS ANGELESAPN5807-002-058
Schools near 2310 Del Mar Road
This home is within Glendale Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
John C. Fremont Elementary School PublicK to 6 | ||
Rosemont Middle School Public7 to 8 | ||
Crescenta Valley High School Public9 to 12 | ||
Anderson W. Clark Magnet High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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