Montrose Homes with One Space Parking features

Montrose Homes with One Space Parking features

Welcome to Montrose, California – a charming gem nestled in the heart of Los Angeles County. Known for its picturesque streets and friendly atmosphere, Montrose offers a perfect blend of suburban tranquility and urban convenience. Just a stone's throw from the bustling city of Glendale, this vibrant community is ideal for families, young professionals, and retirees alike, seeking a peaceful retreat without sacrificing access to city amenities.

Montrose is characterized by its quaint downtown area, lined with delightful shops, cozy cafes, and local eateries that foster a strong sense of community. The lush parks and recreational areas invite residents to enjoy outdoor activities, while the nearby San Gabriel Mountains provide a stunning backdrop for hiking and nature excursions. With a strong emphasis on community events, Montrose hosts seasonal festivals and farmers' markets that bring neighbors together, creating a warm and welcoming environment.

When it comes to housing, Montrose offers a variety of options to suit diverse lifestyles. Many homes in the area come with the added convenience of one dedicated parking space, ensuring that residents can easily navigate the bustling streets. These properties often feature charming architectural styles, spacious living areas, and outdoor spaces that make them ideal for entertaining or simply unwinding after a long day.

Whether you're looking to settle down or invest, Montrose stands out as a desirable location that effortlessly combines the best of suburban living with easy access to the vibrant culture and entertainment of Los Angeles. Discover your dream home in Montrose today, and experience all that this enchanting community has to offer!

Newest Montrose Homes with One Space 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.