2754 Montrose Ave, Montrose, CA 91020

Property Description

Amazing opportunity to own a gem in Montrose near Crescenta Valley blue ribbon public schools. This building was constructed in 1967 and consists of (6) 2+1.5, (4) 1+1 and (1) 0+1 NC units on a 16,052 SQFT lot in a 7,996 Sqft improvement. The Non-conforming unit is being used as storage at this time. The building has newer energy-efficient vinyl windows and newer roof. There is a beautiful swimming pool with private bathroom, dressing area and fire pit serving the valued tenants. Majority of the units have been remodeled with hardwood flooring, ceramic wall and floor tiles in bathroom and kitchen, wall type heating and air conditioning. The building is located walking distance to La Crescenta Elementary and CV high school, both distinguished blue-ribbon institutions. This asset is near Montrose shopping park with famous its Sunday outdoor bazar and numerous high-end eateries. The property has a historically high occupancy rate and a new owner can take over and achieve an above market return for the city of Glendale by enhancing its appeal with newer New York'' style living taste fetching high rents in downtown Glendale. One or more of the sellers are Real Estate License.