Montrose Homes with Covered Parking features

Montrose Homes with Covered Parking features

Welcome to Montrose, California—a hidden gem nestled in the picturesque foothills of the San Gabriel Mountains. This charming community, part of Los Angeles County, boasts a delightful blend of small-town charm and modern conveniences. With its tree-lined streets, vibrant local shops, and friendly atmosphere, Montrose offers residents a serene escape from the hustle and bustle of city life while still being just a stone’s throw away from the heart of Los Angeles.

Montrose is known for its strong sense of community, hosting various events throughout the year, including farmers’ markets, seasonal festivals, and outdoor movie nights. The area is also home to beautiful parks and hiking trails, perfect for those who love to explore the great outdoors. With its excellent schools and family-friendly environment, Montrose is an ideal place for families looking to settle down.

One of the standout features of homes in Montrose is the availability of properties with covered parking. This thoughtful addition not only protects your vehicle from the elements but also adds a layer of convenience to your daily routine. Whether you’re returning home after a long day or heading out for an adventure, having a designated covered parking space ensures your vehicle stays safe and secure.

Explore the charming real estate options in Montrose today, and discover the perfect home that combines comfort, community, and the added benefit of covered parking. Embrace the Montrose lifestyle, where your dream home awaits!

Newest Montrose Homes with Covered Parking features

$2,595,000
GD26136915 MLS Active Status
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!

2520 Montrose Avenue, Montrose

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.