Prime duplex property located in the heart of Montrose, just two blocks from Honolulu Ave & Montrose Village. Featuring two detached homes with 1,832 square feet of combined living area on a large 8,295 square foot lot, 3933 Orangedale presents an exceptional opportunity for buyers, investors, and developers alike. The front house (3933 Orangedale) has 990 Sq Ft, 3 bedrooms, 1 bath, an oversized detached two-car garage, front porch, covered patio, LVP flooring throughout, and a private yard with citrus and avocado trees. The back house (3935 Orangedale) has 842 Sq Ft, 2 bedrooms, 1 bath, bonus room, large kitchen, dining area, updated LVP flooring, private garden, and abundant off-street parking. Ideal for an owner-occupant seeking a convenient lifestyle in a very desirable, walkable neighborhood near highly-ranked schools, dining, retail, amenities, and easy freeway access, while offsetting mortgage payments with consistent rental income. Perfect multi-generational living opportunity, guest house, or in-law unit set up. Savvy investors may capture significant rental upside by updating both units and increasing rents to market rates. Consider converting the garage into a third unit (ADU) to truly maximize rental income. Developers take note of the zoning (LCR3YY), which may allow additional units to be built. Both units are currently occupied by long-term tenants on month-to-month leases. Please DO NOT disturb the occupants. Properties with superior locations like this don't hit the market often. Hurry before this one slips away! Owner pays water. Tenants pay all other utilities and landscaping. Both units are separately metered for gas and electric, washer/dryer hookups in both units. Both units rented month to month for $2,480 per month each ($4,960/mo total) with no recent rent increases.
Nestled just blocks from the vibrant Montrose Shopping Park and all essential amenities, 4117 Ocean View Blvd presents a unique duplex opportunity perfect for buyers and investors alike. This property boasts a combined unit square footage of 1,722 square feet on a low-maintenance lot, ensuring minimal upkeep. The downstairs unit is fully updated, featuring 2 bedrooms and 1 bath, with parking accessible from the rear alley, providing direct entrance through the kitchen laundry area. The upstairs unit offers 1 bedroom, 1 bath, vaulted ceilings, and a charming front balcony with beautiful views. The front unit also includes front driveway parking and a two-car garage with laundry hookups. The property offers easy access to local transportation, freeways, and some of the best local shopping. Whether you're looking for an owner-user opportunity, starting your investment portfolio, or looking to add another property, this is an ideal choice. Photos are of the downstairs unit and exterior only.
We are pleased to present 2323 Florencita Ave, a six-unit multifamily property located in the highly coveted city of Montrose, adjacent to both La Crescenta and La Canada Flintridge. Offered for sale for the first time in almost 40 years, this property represents a rare investment opportunity in Montrose where multifamily properties rarely transact. This property is an ideal choice for investors seeking property in an unparalleled location with the opportunity to capture over 54% rental upside. Constructed in 1985, this two-story property spans 5,256 square feet and is comprised of six 2-bedroom/1-bathroom units. These spacious floor plans are suitable for family living, and all units have been renovated at different dates. Each unit is also equipped with central HVAC and separate meters for gas and electricity. All units have private patios and balconies with one unit on the second floor having a very large patio. There are 12 on-site parking spaces split between car port and tuck-under parking, on-site laundry room, and private storage cabinets. The property sits on a 9,094 square foot lot and is zoned LCR3.Situated north of Honolulu Avenue and west of Ocean View Blvd, 2323 Florencita Avenue is conveniently located within minutes from the 210 and 2 Freeways, offering commuters ease of access throughout Los Angeles County. Moreover, and most importantly, the property is one block from Montrose Village Square along Honolulu Boulevard. This area is Montrose's historic Main St. with over 200 independently owned local businesses that offer shoppers high quality gifts, retail merchandise, casual and fine dining, coffee shops, and much more. The property's proximity to Village Square ensures a high demand for rental units in one of the most sought-after neighborhoods to live and raise a family in Los Angeles County.
Lovely triplex in beautiful Montrose. The APN is for all three units, even though the back units are actually on Manhattan. 2551 Piedmont is a single family home with a one-car garage. 2544 and 2542 Manhattan are the back units, each are one bed and one bath, with their own carport space. 2551 Piedmont and 2544 Manhattan were renovated in 2019 & 2020 respectively. Great income opportunity or for someone to live on site and rent the others out. All tenants are now month to month, but would love to stay, if that is possible. Tours must be scheduled to accomodate the tenants.
Courtesy: Keller Williams Realty
Montrose is located in California.
