2515 Manhattan Ave, Montrose, CA 91020

Property Description

PRICE IMPROVEMENT! Seller has identified replacement properties. Owner-occupied possibility. Nestled in the heart of highly the desirable Montrose, we are proud to present this EXCELLENT Triplex Residential Income Offering! This offering sits on a 7,651 sqft lot with 2,337 sqft of rentable area consisting of: (2517) a back unit detached renovated 1,113 sqft 2 Bed/1.5 Bath+Den house, Central Air/Heat, attached 2-car garage (w/washer/dryer hook-ups) & backyard; the other two units are attached with w/d hookups (no Central Air/Heat): front unit (2515) is a 616 sqft 1Bed/ 1 Bath/1 parking and has views of the Verdugo Mountains w/a very large patio area & the second unit (2515 1/2) is a 616 sqft 1 Bed/ 1 bath/1 parking and has its own private outside area. All units are occupied with ALL the tenants paying their rents throughout the pandemic. Tenants pays gas, electric and 3/4 of the water bill. TONS of Upside Rental Potential for this Prime Montrose Location! Located within a three-minute walk to Glendale's official Old Town the Montrose Shopping Park described as a slice of Hometown Americana, a beautiful tree-lined street on Honolulu Avenue that is a delight to stroll down with its variety of Mom and Pops Restaurants, Service shops, Boutiques, Clothing stores, Trader Joe's and the weekly Montrose Farmer's Market. Don't Miss Out on YOUR opportunity to own a R2 zoning Triplex in the unincorporated area of L.A. County with the potential of adding ADUs. Buyer to perform due diligence. Buyer to cooperate with Seller's 1031 Exchange and Seller HAS already identified replacement properties.