2259 Montrose Avenue

Montrose, CA 91020

$1,338,000
Price
4
Beds
3
Baths
1,841 Sq. Ft.
$727 / Sq. Ft.
1,841
Sq. Ft.
$727
per Sq. Ft.

Description

This residential investment property is a fantastic opportunity in the heart of Montrose! Just a block away from restaurants, transportation, and entertainment. This triplex features three units, and a bonus bachelor pad: two one-bedroom, one-bathroom units, and a two-bedroom, one-bathroom unit. Recent updates include copper plumbing, a new main line, and washer/dryer hook-ups in one unit, with a laundry room on the premises. The property has four separate gas and electric meters, one main water...This residential investment property is a fantastic opportunity in the heart of Montrose! Just a block away from restaurants, transportation, and entertainment. This triplex features three units, and a bonus bachelor pad: two one-bedroom, one-bathroom units, and a two-bedroom, one-bathroom unit. Recent updates include copper plumbing, a new main line, and washer/dryer hook-ups in one unit, with a laundry room on the premises. The property has four separate gas and electric meters, one main water meter.

Listing Agent

  1. Josh Flagg

    Josh Flagg

    Alternative Listing Agent

    Compass

    DRE #01470467

    josh.flagg@compass.com

    P: (310)-903-9492

Property Details for 2259 Montrose Avenue

Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1841
Assessor Parcel Number
5807-003-035
LISTING UPDATED: 09/09/2024 09:43 AM

Property Details for 2259 Montrose Avenue

StatusActive
MLS #BB24140682
Days on Market155
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.13 AC / 5,638 SF
CountyLos Angeles County

Building Information for 2259 Montrose Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.13 AC / 5,638 SF

Property Information for 2259 Montrose Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $36,768
  • Gross Scheduled Income: $36,768
  • Net Operating Income: $31,206
  • Number Of Rented Garages: 2
Expense Details
  • Operating Expense: $623
  • Fuel Expense: $0
  • Electric Expense: $35
  • Insurance Expense: $200
  • Trash Expense: $111
  • Water Sewer Expense: $225
  • Total Expenses: $571
Tax / Assessment Info
  • Tax Tract Number: 1701
  • Tax Census Tract: 3005.03
  • CFD/Mello-Roos Fee: $580
  • Tax Lot: 257
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Valley
Property / Structure Info
Interior Features
  • Interior Features: Copper Plumbing Full
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: Ground
  • Foundation Details: Slab
  • Property Condition: Additions/Alterations
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Paved, Sprinkler System
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 4
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,574
  • Unit Type Total Rent: $1,574
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2259 Montrose Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2259 Montrose Avenue

Taxable ValueLand$185,459Additions$120,121Total$305,580
Tax Record2024$4,082 ($340 / month)
Home Facts
Total Finished SqFt1,841 SqFtAbove Grade Finished SqFt1,841 SqFtLot Size5,636 SqFtStyleTriplexYear Built1953ZoningLCR3YYCountyLOS ANGELESAPN5807-003-035

Schools near 2259 Montrose Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John C. Fremont Elementary School
PublicK to 6

Rosemont Middle School
Public7 to 8

Crescenta Valley High School
Public9 to 12

Anderson W. Clark Magnet High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2259 Montrose Avenue is a multi-family home for sale in Montrose, CA 91020. This property was listed for sale on July 12, 2024 by Compass, it's currently listed at $1,338,000. This listing's school district is Glendale Unified School District. Nearby schools include John C. Fremont Elementary School, Rosemont Middle School and Crescenta Valley High School. 2259 Montrose Avenue is a 4-bed, 3-bath, 1,841 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Josh Flagg, DRE #01470467; Compass, Armina Mekertichian, DRE #01765343

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.