La Crescenta/Glendale Montrose & Annex (635) Homes with Mixed Use Subtype

La Crescenta/Glendale Montrose & Annex (635) Homes with Mixed Use Subtype

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Newest La Crescenta/Glendale Montrose & Annex (635) Homes with Mixed Use Subtype

$1,089,000
GD26162261 MLS Active Status
Prime La Crescenta location on Foothill Blvd—an exceptionally rare opportunity to own a versatile CR-zoned commercial property with residential flexibility. This 1925-built building offers 1,808 sf of interior space on a 4,418 sf lot, plus an additional 5,100 sf lot at 3251 Kentucky Pl that the seller prefers to sell together but it can be sold separately. The second lot is currently used as parking lot but can potentially accommodate a new residential build, adding tremendous value and future upside. For 68 years, the same business has operated here, showcasing the stability and desirability of this location. The front portion of the building is currently leased, while the owner operates their business in the rear section—ideal for owner-users seeking supplemental rental income. Inside, the property features a fully equipped kitchen and a lower-level basement perfect for storage or office use. According to the county profile, the building reflects 3 bedrooms and 2 bathrooms, offering unique mixed-use potential under CR zoning. The long driveway accommodates 2+ vehicles, and the property sits just moments from Vons, Korean markets, local shops, and the 210 freeway, providing unbeatable convenience and visibility for small businesses. Opportunities like this—commercial frontage on Foothill Blvd in La Crescenta with flexible zoning, income potential, and an optional second buildable lot—rarely come to market. Don’t miss your chance to secure a high-demand asset in one of La Crescenta’s prime Foothill Blvd commercial strip. Additional interior pictures will be uploaded shortly.

3252 Foothill Boulevard, Glendale

$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.