$15,600,000

3030 Montrose Avenue La Crescenta, CA 91214

Beds: 0
Baths:
Sq Ft: 0
Type: Residential Income
MLS#: AR17250311
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Estimated Monthly Payment

$5,051
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5 year
15 year
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MONTROSE VILLA - 3030 Montrose Avenue is a 38-unit luxury apartment community in the highly desirable city of La Crescenta, California. This offering presents a rare opportunity for investors to acquire a very well located, non-rent-controlled, upgraded apartment community with an approved condo tract map in one of the strongest submarkets in the Los Angeles County. The property is a two-story, above parking, beautifully landscaped garden style apartment that was built in 1973 and has undergone extensive renovation in the past years. It is comprised of three buildings with a center courtyard, fenced swimming pool, jacuzzi, and situated on a large +/-47, 323 square feet (+/-1.09 acre) lot size. The property has a quiet ambiance and surrounded by single-family houses, condominiums and other area amenities such as churches and retail stores. It offers an excellent unit mix of two (2) x 3 bedroom + 2 bathroom, twenty (20) x 2 bedroom + 1 bathroom, and sixteen (16) x 1 bedroom + 1 bathroom units. Each unit is large and bright with an attractive layout. The 3-bedroom unit has an estimated size of +/-1, 050 SF, 2-bedroom unit has an estimated size of +/-800 SF, and the 1-bedroom unit has an estimated size of +/-650 SF. Upgraded units have laminate wood flooring, upgraded kitchen with quartz/granite countertops and new kitchen cabinets, stainless steel appliances, completely redone bathroom with new vanity, new A/C units, ceiling fans, mirrored closet doors, and double pane windows., Directions FWY 210 exit La Crescenta Ave go south, turn right on Montrose Ave

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DescriptionInterior & Exterior Features

Interior Features Include:


Fireplace Description See Remarks

Heating:
Source Wall Heater


Exterior Features Include:

Acreage: 0.0000 Acres

Lot:
Description Landscaped, Lot Over 40000 Sqft, Lot Shape-Irregular, Near Public Transit
Square Feet 47323

Garage/Parking: Assigned, Carport, Carport Detached, Covered Parking, Driveway, Off Street
Parking Assigned, Carport, Carport Detached, Covered Parking, Driveway, Off Street

Other Features Include:

Water: Public

Pool: Community Pool, In Ground

This Listing is Presented By
A38246

Penny Jeffery

Work: (951) 317-5045

Email: jefferyregroup@gmail.com

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