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    2113 Glenada Avenue

    Montrose, CA 91020
    • $2,920,000
    • STATUS: Active
    • ON SITE: 113 days
    • ID#: P1-2208
    UPDATED: 67 min ago
    $2,920,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,597
      SQFT
    • $812
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    A unique investment opportunity to purchase a 6-unit multifamily complex located in a premier location of Montrose-La Crescenta on a quiet cul-de-sac proximate to various dining, entertainment, lifestyle, and recreational amenities. Originally built in 1955, the building has been completely renovated and is well-positioned for lease-up. Featuring 6 newly renovated units; 5 one-bedroom, one-bathroom units, and 1 two-bedroom, one-bathroom unit with new appliances, HVAC, stackable washer dryer in each unit, and more. Additionally, the property has all updated electrical, plumbing, water heaters, roof, fixtures, insulated double pane windows, and more. The property is conveniently located between Glendale and Pasadena and easily accessible via the I-210 and CA-2 Freeways and proximate to DTLA and studios.

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    Based on information from CRISNet MLS as of 2021-02-27T23:56:06.007. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-02-27T23:56:06.007. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/111693585
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    2113 Glenada Avenue Montrose, CA 91020

    • Price: $2,920,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: P1-2208
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,597
    SQFT
    $812
    $/SQFT
    1955
    Built
    Neighborhood:
    Not Applicable
    County:
    Los Angeles
    Property Description
    A unique investment opportunity to purchase a 6-unit multifamily complex located in a premier location of Montrose-La Crescenta on a quiet cul-de-sac proximate to various dining, entertainment, lifestyle, and recreational amenities. Originally built in 1955, the building has been completely renovated and is well-positioned for lease-up. Featuring 6 newly renovated units; 5 one-bedroom, one-bathroom units, and 1 two-bedroom, one-bathroom unit with new appliances, HVAC, stackable washer dryer in each unit, and more. Additionally, the property has all updated electrical, plumbing, water heaters, roof, fixtures, insulated double pane windows, and more. The property is conveniently located between Glendale and Pasadena and easily accessible via the I-210 and CA-2 Freeways and proximate to DTLA and studios.
    Exterior Features

    Architectural Style Traditional Construction Materials Stucco Direction Faces West Fence YN Yes Fencing BlockWood Foundation Details Raised Levels Two Lot Size Area 8438.0000 Parking Total 0.00 Road Frontage Type City Street Road Surface Type Paved Roof Composition View Mountain(S) View YN Yes

    Interior Features

    Appliances DishwasherGas OvenGas RangeMicrowaveRefrigeratorTankless Water Heater Appliances YN Yes Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Vinyl Heating Central Heating YN Yes Interior Features Built-In FeaturesRecessed Lighting Laundry Features Dryer IncludedInsideStackable Laundry YN Yes Window Features Double Pane Windows

    Property Features

    Community Features Curbs Gross Income 162000.00 Gross Scheduled Income 162000.00 Insurance Expense 1200.00 Land Lease YN No Net Operating Income 124100.00 New Taxes Expense 32500.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Operating Expense 37900.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Property Condition Turnkey Property Sub Type Commercial/Residential Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection System Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Subdivision Name Other Not Applicable Total Expenses 37900.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public

    Listing provided courtesy of Payton Parker, CA DRE# , of Dilbeck Real Estate.


    Based on information from CRISNet MLS as of 2021-02-27T23:56:06.007. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-02-27T23:56:06.007. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
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