Excellent investment opportunity featuring a well-maintained triplex with three spacious 2-bedroom, 1-bathroom units. Extensively remodeled approximately seven years ago, the property offers an attractive combination of updated living spaces, income potential, and flexibility for both investors and owner-users. Two of the three units will be delivered vacant at closing, providing a rare opportunity for a new owner to immediately lease the units at current market rents or occupy one while generating income from the others. The third unit will remain tenant occupied, providing existing rental income from day one. Additional highlights include five carport parking spaces, a functional property layout designed for convenient multi-unit living, and the added benefit of being served by the highly regarded La Cañada Unified School District. With two units being delivered vacant at closing, recent improvements, and strong income-producing potential, this triplex presents an excellent opportunity to add a versatile multifamily asset to your portfolio.
4447 Ocean View Boulevard is a well maintained 20 unit multifamily asset located in the highly desirable Montrose submarket of Los Angeles. Built in 1963 and situated on a generous 31,478 SF lot, the property offers an attractive blend of stability, scale, and rental upside in one of the most supply constrained pockets of the Crescenta Valley. The building totals 16,369 square feet and provides 26 on site parking spaces, a rare amenity for the area. The unit mix(11) one bedroom/one bath units and (9) two bedroom/one bath units caters to the strong demand from local renters seeking quality housing near top rated schools, walkable retail, and major employment corridors. Current rents remain meaningfully below market, with the rent roll showing an achievable 20% rental upside based on the pro forma schedule included in the financials demonstrating a clear value add pathway supported by comparable market rents. Positioned along the Ocean View Boulevard corridor, the property benefits from excellent accessibility to Montrose Shopping Park, the 210 and 2 freeways, and the broader Glendale La Canada employment basin. The immediate neighborhood is characterized by clean streets, mature landscaping, and a mix of single family homes and low density multifamily buildings an environment that consistently attracts long term tenants and supports premium rent levels. With its combination of scale, location, operational stability, and clear value add potential, 4447 Ocean View Boulevard represents a compelling opportunity for investors seeking durable cash flow and long term appreciation in one of Los Angeles' most coveted suburban communities. The property has two lots, APN# 5810-009-033 & 5810-009-031.
Why buy a single family home when you can buy two? A duplex can make homeonership more affordable. To truly appreciate this duplex, you need to experience it in person. Two detached houses on one beautiful big lot, each with its own grassy front yard, create a wonderful sense of space, privacy, and serenity. Mature trees provide beautiful shade throughout the property, adding to the peaceful atmosphere. The rear house also features a charming large porch and private backyard/patio, creating an additional outdoor space to relax or entertain. The front house has a carport and the back house has a detached garage. This special property reflects true pride of ownership, with a warm and inviting atmosphere that is difficutl to capture in photographs alone. Recessed lights and central air in front house, beautiful high ceilings in back unit, and both houses are in very good condition. Ideally located near the shops and amenities of Honolulu Avenue, the property also offers convenient freeway access, making commuting and enjoing all that the surrounding communities have to offer exceptionally easy. A combination of tranquility, charm, outdoor space, convenient location, and functionality! This duplex truly needs to be seen in person to be fully apreciated.
Two blocks from downtown Montrose, past the shops and the park, sits a property built for two very different buyers. Downstairs offers two bedrooms, one bath, a large living room, and an eat-in kitchen with laundry hookups. A fireplace warms the space. A dedicated parking spot sits at the rear of the building. Upstairs, one bedroom and one bath open onto a small balcony with beautiful views. That unit has its own updated kitchen, a full fireplace, and a two-car garage reserved just for the upstairs tenant. First-time homebuyer: Perhaps Montrose has always felt out of reach. Every search ends the same way: bad location or too much money. This duplex changes that math. Move into the upstairs unit, balcony and all, and let the two-bedroom downstairs help cover the mortgage. Or take the larger unit for yourself and rent out the one above. Let the rent supplement your payment. Together they bring in over $4,450 a month. First-time investor or looking to add a nugget in the heart of Montrose to your portfolio? Here's a low-maintenance investment, one with tenants already in place, income already flowing, and upkeep kept simple. Over $4,450 a month, two blocks from downtown Montrose, doesn't come along often. A first home. A first investment. A small addition to your portfolio. This one gives you choices.
Exceptional, Beautifully Renovated Montrose Home with Income & Development Potential! Rare opportunity to own a beautifully renovated Home in one of Montrose/La Crescenta's most sought-after neighborhoods, located within the award-winning Glendale Unified School District. This exceptional property combines timeless charm, modern upgrades, rental income potential, and future development opportunities, making it ideal for owner-users, investors, or multi-generational living. Situated on an R3-zoned 4,807 sq. ft. lot (buyer to verify development possibilities), the property offers approximately 1,322 sq. ft. of living space and features two separate addresses (4116 & 4114 Briggs Ave) with separate gas and electric meters. The front unit features 2 bedrooms and 1.5 bathrooms with an open floor plan, remodeled kitchen with new cabinetry, sleek countertops, stainless steel appliances, a cozy wood-burning/gas fireplace, and beautifully renovated bathrooms. Additional upgrades include new laminate flooring, recessed lighting, indoor laundry hookups, a brand-new roof, copper plumbing, central heating and air conditioning, and a tankless water heater. The detached permitted rear unit offers 1 bedroom and 1 bathroom with its own address and separate electric meters. It features a remodeled kitchen with stainless steel appliances, recessed lighting, spacious closet, indoor laundry hookups, covered patio, split-system heating and air conditioning, and a tankless water heater. Live in one unit while generating rental income from the other, or explore the property's future development potential. Ideally located just minutes from Montrose Shopping Park, parks, restaurants, shopping, and convenient freeway access, this turnkey property offers exceptional value and long-term investment potential. Property has been competitively priced based on its current condition and offers an excellent opportunity for buyers to add their own personal touches or improvements. Don't miss this rare opportunity to own a beautifully upgraded property in one of Montrose's most desirable neighborhoods. Schedule your private showing today!
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!
Montrose is located in California.
