3316 Montrose AVE, La Crescenta, CA 91214 – 319000545

$1,570,000

Est. payment -/mo

$1,585,000

0.9%

Est.Price: ?

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7,365 Sqft Lot

SOLD DATE : 06/26/2019

Key Details

Sold Price $1,570,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-105

MLS Listing ID 319000545

Sold Date 06/26/19

HOA Y/N No

Year Built 1965

Annual Tax Amount $19,812

Lot Size 7,365 Sqft

Property Description

Superb opportunity to own a residential income property in a highly desirable area. Less than a 5 minute drive to the shops on Honolulu, award winning schools, and close proximity to freeways and local amenities. All units have 2 dedicated parking spaces, in-unit laundry for all units, 2/3 units extensively upgraded, copper plumbing, new windows, larger sized units, and unbeatable unit mix (two 2's and one 4 bedroom!). Best Cap rate deal (4.6%) for comparable properties in comparable condition. Property is truly unique and a great buy for the local investor, with a strong rental demand, high rental rate market, and larger units, and excellent school district, this property will outperform!

Location

State CA

County Los Angeles

Area 635 - La Crescenta/Glendale Montrose & Annex

Zoning GLR2YY

Interior

Interior Features Ceiling Fan(s), Dumbwaiter, Elevator, Pantry

Heating Natural Gas

Cooling Evaporative Cooling, Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type Decorative, Family Room, Gas

Fireplace Yes

Appliance Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water To Refrigerator, Washer

Laundry Gas Dryer Hookup, Stacked

Exterior

Parking Features Carport, Detached Carport, One Space

Carport Spaces 3

View Y/N Yes

View Mountain(s)

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard, Landscaped

Faces North

Story 2

Entry Level Two

Foundation Combination

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories Two

New Construction No

Others

Tax ID 5607003010

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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Diego Magdaleno

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Listed by David Issaians • Coldwell Banker Realty
Bought with Jason Kim • Dream Realty La Crescenta

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