Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a charming gem nestled in the heart of Los Angeles County. Known for its picturesque tree-lined streets and a warm, welcoming community, Montrose offers an ideal blend of suburban tranquility and urban convenience. This vibrant neighborhood is renowned for its quaint downtown area, where local shops, cozy cafes, and delightful eateries create a lively atmosphere that invites residents and visitors alike to explore and enjoy.

Montrose is particularly appealing for those seeking homes with a mixed-use subtype. These unique properties present an exciting opportunity for homeowners and entrepreneurs alike, allowing for both residential comfort and commercial potential. Imagine living just steps away from your own boutique, café, or studio, seamlessly merging work and home life in a dynamic and convenient setting. The mixed-use zoning in Montrose fosters a sense of community, encouraging local businesses to thrive while offering residents easy access to a variety of amenities.

The area is also known for its excellent schools, parks, and recreational facilities, making it a perfect place for families. Whether you’re taking a leisurely stroll through the Montrose Community Park or enjoying the seasonal farmers' market, there’s always something happening in this lively neighborhood.

With its unique blend of residential and commercial spaces, Montrose is not just a place to live; it’s a lifestyle choice. Discover the charm of Montrose and explore the endless possibilities that homes with mixed-use subtypes can offer. Your dream home—and business—awaits!

Newest Montrose Homes with Mixed Use Subtype

$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.