2404 Montrose Avenue, Montrose, CA 91020

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List Price
$2,795,000
Status
ACTIVE
MLS#
GD26221623
Year Built
1954
Lot Size
13,737
Acres
0.32
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Style
Traditional
Property Sub Type
Mixed Use
Stories
One Level, Two Levels

Property Description

2404-2408 1/2 Montrose Avenue is an exceptional six unit multi-family property situated in the highly coveted foothill enclave of Montrose, California. Resting on an expansive 13,737 square foot parcel (sale includes two APNs) with 6,740 square feet of residential living space, the property features a two building architectural configuration. A prominent front building featuring the two story 3 bedroom / 3.5 bathroom completely remodeled Owner's Unit (Unit 2408) with a downstairs bedroom, central air and private laundry room and an attached single level 2 bedroom / 1 bathroom apartment (Unit 2408 1/2). Also on the property is a private rear two story complex comprised of four 2 bedroom /1 bathroom apartments (Units 2404, 2404 1/2, 2406, 2406 1/2), laundry room and carport parking with storage lockers. Recent major renovations include roof replacement, electrical wiring and panel upgrade, and rear stair reconstruction. Located within immediate proximity to the pedestrian friendly Montrose Shopping Park along Honolulu Avenue, Trader Joe's, and the 210 and 2 freeways. The property represents a low-maintenance foothill asset with sustained tenant appeal.

Additional Information

Appliances
Dishwasher
Pool Description
None
Fireplace Description
Living Room
Heat
Central, Wall Furnace
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
View
Mountain(s)
Exterior Construction
Stucco
Roof
Composition
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$154,407
Operating Expense
41098

Listing courtesy of Listing Agent: Patrick Barnes (pbarnes20@gmail.com) from Listing Office: Real Estate One.

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Calculator source: Real Geeks

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.