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2259 Montrose Avenue

Montrose, CA 91020
  • $1,380,000
  • STATUS: Active
  • ON SITE: 142 Days
  • ID#: BB23117927
UPDATED: 38 min ago
$1,380,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent(s): Armina Mekertichian of Keller Williams Realty (818-432-3200)


Description

Residential Investment property located in the heart of Montrose, The property is a block away from Honolulu Avenue walking distance to restaurants, transportation, entertainment, and blue ribbon school district. This property features three(3) units: 2 one bed 1 bath & one 2 bedroom 1 bath, mostly in original and good condition. The plumbing recently updated to Copper plumbing, new main line, washer/dryer hook-up in one unit, there is a laundry room on premises Although current rents are low; this property does have a potential for generating higher income due to its desirable and prime location. This triplex is truly a valuable investment opportunity R3 zoning, endless potential. Three separate gas and electric meters, one water meter, all units are currently occupied ( Two of the units are occupied by the owner) Please drive by only do not walk on the property or disturb tenants, thank you!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141519377
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2259 Montrose Avenue Montrose, CA 91020

  • Price: $1,380,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 38 min ago
  • ID#: BB23117927
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1953
Built
Neighborhood:
635 - La Crescenta/Glendale Montrose & Annex
County:
Los Angeles
Area:
635 - La Crescenta/Glendale Montrose & Annex
Property Description
Residential Investment property located in the heart of Montrose, The property is a block away from Honolulu Avenue walking distance to restaurants, transportation, entertainment, and blue ribbon school district. This property features three(3) units: 2 one bed 1 bath & one 2 bedroom 1 bath, mostly in original and good condition. The plumbing recently updated to Copper plumbing, new main line, washer/dryer hook-up in one unit, there is a laundry room on premises Although current rents are low; this property does have a potential for generating higher income due to its desirable and prime location. This triplex is truly a valuable investment opportunity R3 zoning, endless potential. Three separate gas and electric meters, one water meter, all units are currently occupied ( Two of the units are occupied by the owner) Please drive by only do not walk on the property or disturb tenants, thank you!
Exterior Features

Construction Materials ConcreteCopper Plumbing Entry Level 1 Entry Location Driveway Fencing Wood Lot Features 0-1 Unit/AcreYard Number Of Separate Electric Meters 3 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Gravel Roof Composition View Mountain(S)Peek-A-BooValley View YN Yes

Interior Features

Accessibility Features Parking Appliances Gas OvenMicrowave Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Double Door Entry Fireplace Features None Fireplace YN No Flooring Wood Heating Wall Furnace Heating YN Yes Interior Features BalconyAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalksValley Contingency Buyer To Cooperate With Sellers 1031 Exchange At No Cost To Buyer. Electric Standard Garage YN Yes Gross Income 44580 Gross Scheduled Income 44580 Insurance Expense 200 Land Lease YN No Laundry Features Common AreaStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFhaOwner May Carry Net Operating Income 31206 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 7480 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 111 Utilities Cable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas Connected Water Sewer Expense 225 Water Source Public Zoning Lcr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Armina Mekertichian of Keller Williams Realty (818-432-3200)