Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

2

Building size

1,322 sqft

Lot size

4,809 sqft

Year built

1941

Stories

1

Garage spaces

2

Style

Mid Century Modern,Contemporary,Ranch

Heating

Fireplace(s),Forced Air,Combination,Central

Cooling

Central Air,Wall/Window Unit(s),Heat Pump

Pool

None

View

Mountain(s)

Status

Active

Days on market

114

MLS #

244313577

About this property

Exceptional, Beautifully Renovated Montrose Home with Income & Development Potential! Rare opportunity to own a beautifully renovated Home in one of Montrose/La Crescenta's most sought-after neighborhoods, located within the award-winning Glendale Unified School District. This exceptional property combines timeless charm, modern upgrades, rental income potential, and future development opportunities, making it ideal for owner-users, investors, or multi-generational living. Situated on an R3-zoned 4,807 sq. ft. lot (buyer to verify development possibilities), the property offers approximately 1,322 sq. ft. of living space and features two separate addresses (4116 & 4114 Briggs Ave) with separate gas and electric meters. The front unit features 2 bedrooms and 1.5 bathrooms with an open floor plan, remodeled kitchen with new cabinetry, sleek countertops, stainless steel appliances, a cozy wood-burning/gas fireplace, and beautifully renovated bathrooms. Additional upgrades include new laminate flooring, recessed lighting, indoor laundry hookups, a brand-new roof, copper plumbing, central heating and air conditioning, and a tankless water heater. The detached permitted rear unit offers 1 bedroom and 1 bathroom with its own address and separate electric meters. It features a remodeled kitchen with stainless steel appliances, recessed lighting, spacious closet, indoor laundry hookups, covered patio, split-system heating and air conditioning, and a tankless water heater. Live in one unit while generating rental income from the other, or explore the property's future development potential. Ideally located just minutes from Montrose Shopping Park, parks, restaurants, shopping, and convenient freeway access, this turnkey property offers exceptional value and long-term investment potential. Property has been competitively priced based on its current condition and offers an excellent opportunity for buyers to add their own personal touches or improvements. Don't miss this rare opportunity to own a beautifully upgraded property in one of Montrose's most desirable neighborhoods. Schedule your private showing today!

Location

4116 Briggs Avenue

Montrose, Los Angeles, CA, 91020