Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a hidden gem nestled in the heart of Los Angeles County. This charming community boasts a delightful blend of suburban tranquility and vibrant urban energy, making it an ideal place to call home. With its picturesque streets lined with beautiful trees and a close-knit community atmosphere, Montrose offers residents a unique lifestyle that balances convenience and comfort.

One of the standout features of Montrose is its diverse array of homes, particularly those with a mixed-use subtype. These properties are perfect for individuals and families looking to blend their residential and professional lives seamlessly. Imagine living just steps away from your favorite coffee shop or boutique, with the added benefit of a home office or studio space right at your fingertips. This innovative approach to living not only maximizes space but also fosters a sense of community and connectivity.

The Montrose shopping district is a hub of activity, filled with quaint shops, delicious eateries, and local art galleries. Residents enjoy easy access to parks, hiking trails, and recreational facilities, ensuring that outdoor enthusiasts can indulge in their passions without straying far from home. The area's excellent schools and friendly neighborhoods make it an attractive option for families seeking a nurturing environment.

With its perfect blend of residential charm and commercial vibrancy, Montrose is a unique place to find your dream home. Explore the possibilities of mixed-use living in this enchanting community, where every day feels like a new adventure waiting to unfold. Whether you're looking to start a business, raise a family, or simply enjoy the best that life has to offer, Montrose welcomes you with open arms.

Newest Montrose Homes with Mixed Use Subtype

$2,595,000

GD26136915 MLS ⋅ Active Status

2520 Montrose Ave, Montrose, CA 91020 – Rare Value-Add Multifamily with Assumable Low-Rate Financing 3.64% Exceptional investment opportunity in tightly held Montrose. Charming 1947 3-structure property on a large 10,303 sq ft lot (LCR3 zoning, APN 5807-016-046) offers timeless architecture, strong income, and major upside. Blocks from Honolulu Ave shops/dining. Appx 5,502 sq ft (buyer verify), 11 units (mostly 1BD/1BA + 2BD owner’s w/ patio/garage). 8 parking, master metered. Proven Income + Huge Upside: Current 2026 rent roll: $17,177/mo ($206,124 annually). Vacant Unit gutted basement projected at $2,000/mo Stabilized Gross: Appx. $230,124/year. GRM at $2,595,000 list: 11.28 (excellent for value-add). Game-Changing Financing: Huge opportunity to assume existing loan at 3.64% (through November 2028). Creates significant positive cash flow from day one while executing value-add and ADU conversions—locking in low-cost capital in today’s rate environment. Massive Growth Potential: ADUs: Up to 3 additional units via conversions of existing space (basement + subdivided areas) per CA/LA County rules. Large lot supports future condo development/density. Upgrade units for market rents + legalize non-conforming for transformative returns. Units lease fast here. Premier Location & Schools: Top-rated Glendale Unified (Crescenta Valley HS A+, excellent elementaries). Perfect for families/long-term tenants. Amazing Opportunity at $2,595,000: Immediate cash flow via assumable low-rate loan, rapid leasing, beautiful architecture, and layered upside rarely found in Montrose. Buyer verify all. Contact for tour, rent roll, pro forma, loan assumption details & ADU plan. Move fast—this won’t last!

2520 Montrose Avenue, Montrose

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.