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

6

Building size

6,470 sqft

Lot size

13,737 sqft

Year built

1954

Stories

2

Garage spaces

0

Style

Traditional

Heating

Wall Furnace,Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

Mountain(s)

Status

Active

Days on market

0

MLS #

248356525

About this property

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.

Location

2404 Montrose Avenue

Montrose, Los Angeles, CA, 91020