Description
Excellent investment opportunity featuring a well-maintained triplex with three spacious 2-bedroom, 1-bathroom units. Extensively remodeled approximately seven years ago, the property offers an attractive combination of updated living spaces, income potential, and flexibility for both investors and owner-users. Two of the three units will be delivered vacant at closing, providing a rare opportunity for a new owner to immediately lease the units at current market rents or occupy one while generating income from the others. The third unit will remain tenant occupied, providing existing rental income from day one. Additional highlights include five carport parking spaces, a functional property layout designed for convenient multi-unit living, and the added benefit of being served by the highly regarded La Cañada Unified School District. With two units being delivered vacant at closing, recent improvements, and strong income-producing potential, this triplex presents an excellent opportunity to add a versatile multifamily asset to your portfolio.
Details
| MLS # | SR26211351 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 26 |
| Listing Provided By | First Class Real Estate | Bill Toth |
Features
| SQ Feet | 2,906 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.13 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Appliances | Dishwasher, Gas Oven, Microwave |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Lot Features | Two To Five Units Acre |
Parking
| Parking Features | Carport |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Montrose |
| Zip Code | 91020 |
| Area | 635 La Crescenta | Glendale Montrose & Annex |
| Listing VS Median (in 91020) | |
Price: $1,495,000 low | high Med: $6,375 sqft: 2,906 low | high Med: 2,360 $ / sqft: $514 low | high Med: $3 On site: 26 low | high Med: 43.5 | |
Market Activity 91020
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Montrose |
| Zip Code | 91020 |
| Area | 635 La Crescenta | Glendale Montrose & Annex |
| Listing VS Median (in 91020) | |
Price: $1,495,000 low | high Med: $6,375 sqft: 2,906 low | high Med: 2,360 $ / sqft: $514 low | high Med: $3 On site: 26 low | high Med: 43.5 | |
 | $1,300,0002619 Mary StreetLa Crescenta, CA 91214 |