Montrose Homes with Mixed Use Subtype

Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a hidden gem nestled in the heart of Los Angeles County! This charming community is renowned for its picturesque streets, warm neighborhood vibe, and a delightful mix of urban conveniences and suburban tranquility. Montrose offers residents a unique blend of small-town charm and modern amenities, making it a coveted destination for families, professionals, and retirees alike.

One of the standout features of Montrose is its mixed-use properties, which provide an exceptional opportunity for those seeking a dynamic living experience. These homes with a mixed-use subtype allow residents to enjoy the benefits of both residential comfort and commercial convenience right at their doorstep. Imagine living in a beautifully designed home while having cafes, boutiques, and essential services just a short stroll away—this is the lifestyle Montrose offers!

The community is also home to a vibrant local culture, with a weekly farmers' market and various events that foster a strong sense of community. The scenic Montrose Shopping Park is a hub for shopping and dining, featuring an eclectic mix of shops and eateries that cater to diverse tastes.

With its proximity to the majestic San Gabriel Mountains and easy access to major freeways, Montrose is perfect for outdoor enthusiasts and those looking to explore the greater Los Angeles area. Whether you're drawn to the charming streets, the sense of community, or the unique mixed-use properties, Montrose is a place where you can truly feel at home. Come discover the magic of Montrose, where your dream lifestyle 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.