2520 Montrose Avenue
2520 Montrose Avenue
$1,850,000
12
8
5,502
5,502
$336
Sold 5/31/18
Description
23% Price Reduction. Seller is motivated! Located in Montrose, CA and within 3 blocks of Honolulu Avenue and downtown Montrose's unique small-town atmosphere that includes shopping, dining, and a strong sense of community. The property consists of 3 structures on one parcel. 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. (Buyer to verify all square footages and conforming units). Situated on a 10,303 square...23% Price Reduction. Seller is motivated! Located in Montrose, CA and within 3 blocks of Honolulu Avenue and downtown Montrose's unique small-town atmosphere that includes shopping, dining, and a strong sense of community. The property consists of 3 structures on one parcel. 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. (Buyer to verify all square footages and conforming units). Situated on a 10,303 square foot lot with LCR3 zoning, there may be future development potential for the asset. The property is situated in an unincorporated area of L. A. County, without the limitations of rent control. There are 8 parking spaces. Units are master metered for all utilities. The property has many strengths: excellent location, decent lot size, and no rent control. Tremendous "value-add" potential exists for an investor to upgrade the units and raise rents to market.
- Listed by Darin Spillman • DRE #01366902 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 2520 Montrose Avenue
Zoning
LCR3YY
Parcel Number5807016046
Total Units11.0
Living Area5502
Source Living AreaAppraiser
AreaLa Crescenta/Glendale/Montrose/Sparr Heights (635)
Vacancy Rate0%
Lot Size Area10303
Location
LISTING UPDATED: 07/29/2022 12:51 PM
Property Details for 2520 Montrose Avenue
Status | Sold |
---|---|
MLS # | 18-310246 |
Days on Market | 105 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
Lot Size | 0.24 AC / 10,303 SF |
County | Los Angeles County |
Location
Building Information for 2520 Montrose Avenue
Stories2Residences-Year Built1947Building Size-Lot Size0.24 AC / 10,303 SF
Payment Calculator
$12,034 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2520 Montrose Avenue
Property History for 2520 Montrose Avenue
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 2520 Montrose Avenue
Taxable ValueLand$1,093,645Additions$929,598Total$2,023,243
Tax Record2023$23,258 ($1,938 / month)
Home Facts
Total Finished SqFt5,100 SqFtAbove Grade Finished SqFt5,100 SqFtLot Size10,224 SqFtStyleMulti-Family Res (5+ Units)Year Built1947ZoningLCR3YYCountyLOS ANGELESAPN5807-016-046
Schools near 2520 Montrose Avenue
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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