Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a charming gem nestled in the heart of Los Angeles County. Known for its picturesque landscapes and a tight-knit community, Montrose offers a unique blend of suburban tranquility and urban convenience. With its tree-lined streets, quaint shops, and delightful eateries, this vibrant town captures the essence of California living while maintaining a friendly, small-town atmosphere.

One of Montrose's standout features is its diverse real estate market, particularly the homes with a mixed-use subtype. These properties offer a harmonious blend of residential and commercial spaces, allowing homeowners the flexibility to live and work in the same location. Imagine waking up in your beautifully appointed home and stepping into your own café or boutique just a few steps away! This innovative approach not only fosters a sense of community but also provides a unique opportunity for entrepreneurs and creative professionals looking to establish their presence in a thriving area.

Montrose is also conveniently located near major freeways and public transportation, making it easy to access the bustling cities of Los Angeles and Pasadena. Residents enjoy a range of recreational activities, from hiking in the nearby San Gabriel Mountains to exploring local parks and farmers' markets. With its rich history, vibrant culture, and a strong sense of community, Montrose is more than just a place to live—it's a lifestyle.

Whether you're seeking a cozy family home or a dynamic mixed-use property, Montrose has something special for everyone. Come discover the charm of Montrose and envision your future in this delightful community!

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.