Montrose Homes with Mixed Use Subtype

Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a charming gem nestled in the heart of Los Angeles County. Known for its picturesque mountain views and vibrant community spirit, Montrose offers a unique blend of suburban tranquility and urban convenience. With its tree-lined streets, quaint shops, and local eateries, this charming neighborhood is a perfect place for families, young professionals, and retirees alike.

One of the standout features of Montrose is its diverse housing options, particularly homes with a mixed-use subtype. These properties not only provide comfortable living spaces but also offer the exciting opportunity for commercial use. Imagine stepping out of your front door and having your own café, boutique, or workspace just a few steps away. This flexibility makes Montrose an attractive choice for entrepreneurs and creatives looking to balance work and home life seamlessly.

The community is well-connected, with easy access to major highways and public transportation, making commutes to downtown Los Angeles or nearby areas a breeze. Residents enjoy the best of both worlds—serenity at home and the hustle and bustle of city life just a short drive away.

Montrose is also home to a variety of parks, hiking trails, and outdoor activities, perfect for those who appreciate nature and an active lifestyle. The local schools are highly regarded, adding to the area’s appeal for families.

Whether you’re looking to start a new business, find a cozy home, or simply enjoy the beauty of Southern California living, Montrose is a delightful place to call home. Come explore this vibrant community today!

Newest Montrose Homes with Mixed Use Subtype

2520 Montrose Avenue, Montrose
$2,595,000
GD26136915 MLS ⋅ Active Status
2520 Montrose Ave, Montrose, CA 91020 – Rare Value-Add Multifamily with Assumable Low-Rate Financing 3.64% Exceptional investment opportunity in tightly held Montrose. Charming 1947 3-structure property on a large 10,303 sq ft lot (LCR3 zoning, APN 5807-016-046) offers timeless architecture, strong income, and major upside. Blocks from Honolulu Ave shops/dining. Appx 5,502 sq ft (buyer verify), 11 units (mostly 1BD/1BA + 2BD owner’s w/ patio/garage). 8 parking, master metered. Proven Income + Huge Upside: Current 2026 rent roll: $17,177/mo ($206,124 annually). Vacant Unit gutted basement projected at $2,000/mo Stabilized Gross: Appx. $230,124/year. GRM at $2,595,000 list: 11.28 (excellent for value-add). Game-Changing Financing: Huge opportunity to assume existing loan at 3.64% (through November 2028). Creates significant positive cash flow from day one while executing value-add and ADU conversions—locking in low-cost capital in today’s rate environment. Massive Growth Potential: ADUs: Up to 3 additional units via conversions of existing space (basement + subdivided areas) per CA/LA County rules. Large lot supports future condo development/density. Upgrade units for market rents + legalize non-conforming for transformative returns. Units lease fast here. Premier Location & Schools: Top-rated Glendale Unified (Crescenta Valley HS A+, excellent elementaries). Perfect for families/long-term tenants. Amazing Opportunity at $2,595,000: Immediate cash flow via assumable low-rate loan, rapid leasing, beautiful architecture, and layered upside rarely found in Montrose. Buyer verify all. Contact for tour, rent roll, pro forma, loan assumption details & ADU plan. Move fast—this won’t last!

2520 Montrose Avenue, Montrose

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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.

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