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Listed by: Arthur Chalekian DRE #01982432 | Equity Union (818) 989-2000
$2,595,000
12 Beds
-- Bath
--sqft
2520 Montrose Ave, Montrose, CA 91020
$2,595,000
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Mixed Use
Built in 1947
$-- HOA
10,303 sqft lot
--/sqft
Description
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 ...
- Houzeo last checked: 46 minutes ago
- Listing updated: June 24, 2026 at 9:54 pm
- Source: California Regional MLS-CA | MLS#: GD26136915
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
- sqft
Lot Size
10,303 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
GD26136915
MLS Status
Active
Days on Market
37
Cumulative Days on Market
1
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