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3316 Montrose Avenue, La Crescenta, CA 91214

8 Bed, 3+ Bath Multi-Family Home For Sale

3316 Montrose Avenue, La Crescenta, CA 91214 House For Sale - MLS #319000545
$1,585,000
8
3 Full Bath, 3 Half Bath
Multi-Family
3 Family
This listing is courtesy of David Issaians from Coldwell Banker Residential Brokerage.

Property Description for 3316 Montrose Avenue, La Crescenta, CA 91214

Superb opportunity to own a residential income property in a highly desirable area. Less than a 5 minute drive to the shops on Honolulu, award winning schools, and close proximity to freeways and local amenities. All units have 2 dedicated parking spaces, in-unit laundry for all units, 2/3 units extensively upgraded, copper plumbing, new windows, larger sized units, and unbeatable unit mix (two 2's and one 4 bedroom!). Best Cap rate deal (4.6%) for comparable properties in comparable condition. Property is truly unique and a great buy for the local investor, with a strong rental demand, high rental rate market, and larger units, and excellent school district, this property will outperform!

Interior Details

3,246 sq. ft.
$488.29/sq. ft.
Sewer
Public

Exterior Details

0.17 acres
7,368 sq. ft.
6

Other Details

319000545
1965
2

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1 / 1     

Unit #2
Bedrooms: 2      Full / Half Baths: 1 / 1     

Unit #3
Bedrooms: 4      Full / Half Baths: 1 / 1     

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(20%)

Monthly Mortgage Payments

$7,200
$10,027

Town Description

There were 6,945 households out of which 37.7% had children under the age of 18 living with them, 57.4% were married couples living together, 10.0% had a female householder with no husband present,...

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