Description
$600,000 price improvement! offered for sale for the first time in over 40 years since its original construction in 1984, this great investment opportunity features 14 spacious units, each offering 2 bedrooms and 1 bathroom. situated on nearly 21,000 square feet of land across two lots, the building itself spans 13,263 square feet and is located in the highly desirable montrose community, adjacent to la canada. the property has numerous desirable features for each unit, including 2 covered parking spaces, enclosed balconies/patios, wood/gas fireplaces in the living rooms, and separate metering for gas and electricity. thirteen of the fourteen units are equipped with central air and heating, and each unit has its own water heater. the property also presents significant rental upside potential, complemented by additional income from the on-site laundry facilities. a newer class 'a' roof was installed in 2015, ensuring durability and reduced maintenance costs. tenants enjoy the convenience of being within minutes of the historic montrose shopping park, the retail corridor of foothill blvd, and easy access to the 210 freeway. with a walk score of 82, the location is considered 'very walkable.' this property, located in unincorporated los angeles county, is subject to rent control ordinances. it represents an excellent investment opportunity, ideal for both new investors and those looking for a 1031 exchange upleg. for more details, please inquire within.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46748885
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 28
Bathroom Information
- Total Baths: 14
- Full Baths: 0
- Half Baths: 0
Interior Features
- Fireplace: Living Room
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1984
- Building Area Total: 13,263
Patio And Porch
- Enclosed,See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4796
- Lot Size Source: Assessor
- Lot Size Square Feet: 20890
-
Listing Information
Listing Price Information
- Original List Price: 5,000,000
- Listing Contract Date: 2024-08-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5807002058
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 635 - La Crescenta/Glendale Montrose & Annex
- Directions: Situated on a cul-de-sac, Del Mar Road. Nearest major cross street of Ocean View Blvd and Montrose Ave. Take the 210 Freeway, exit Ocean View Blvd, head towards Montrose Ave, make a RIGHT on Montrose Ave and the next RIGHT on Del Mar Rd until you arrive at 2310 Del Mar Rd on your right side.
- Zoning: LCR3*
- Source Property Type: Residential Income
- Area: 635 - La Crescenta/Glendale Montrose & Annex
Building and Construction
- Property Age: 40
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 13263
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/21/2024 @ 22:05
- MLS: 24431831
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 28 bedrooms which is recently sold, it has 13,263 sqft, 20,890 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Montrose , in zip code 91020, this Los Angeles County Home are nearby neighborhoods.