Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.Opportunities in locations this stronga"paired with true upside potentiala"do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.
Great opportunity to own this 14 unit building in teh La Crescenta/ Montrose area north of Glendale. Easy freeway access, potential to add ADU's (check with City) and upside in rents. Offered at an incredible 5+cap rate. Property features 14 carport/parking spaces, huge piece of land (over 18000 sf), and a large storage room.
La Crescenta is located in California.
