3520 Market Street Montrose, CA
$ 1,500,000
Property Attributes
  • MLS#SC21063257
  • TypePending
  • CityMontrose
  • AreaLa Crescenta-Glendale Montrose & Annex
  • Zip91208
  • Style
  • Price$ 1,500,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Danny Sullivan with Sullivan & Associates Real Est.
Data Source:
Property Description

91208! Meticulously maintained 4-unit complex in the heart of MONTROSE! Nested under a giant oak tree, each unit consists of 1 bedroom/1 bath with a galley kitchen, comfortable living area with A/C, and generous bedroom/bathroom with built in storage. These units have been cared for by the current owners for over 40 years and the pride of ownership shows. A classic 50?s era building with a construction quality that reinforces the saying ?they don?t build 'em like they used to," this building is extremely clean. Mechanical upgrades including copper piping, Milguard windows, sewer and other utility enhancements, hardscaped throughout, auto-sprinklers, and fresh paint. With some units sharing a blend of refinished red oak floors, granite counters, updated kitchens and baths, and some retaining their original 50?s character, these well appointed spaces offer a turnkey operation for the new owner. The rear bricked patio provides a tranquil space with the oak tree canopy providing a welcome respite on those hot days. Two double garages at the rear of the property provide alley access and ample parking for the building. Currently separately leased, the garages provide additional income and flexibility in the future with the C3-l zoning. 2020 gross scheduled rents were just under $90,000. A great long-term investment for the scrutinizing buyer; this building will not disappoint! Close proximity to shopping, the new USC Verdugo Hospital, Farmers Market, freeways, and services.

Price History
3/26/2021 Listed $1,500,000

General Features

Community Features Street Lights, Sidewalks, Urban
Cooling Wall/Window Unit(s)
Exterior Features Rain Gutters
Flooring Tile, Vinyl, Wood
Garage Spaces 4
Garage Y/N Yes
Heating Wall Furnace
Interior Features Granite Counters
MLS Area 635 - La Crescenta/Glendale Montrose & Annex
Parking Features None
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
PropertyCondition Updated/Remodeled
Security Features Smoke Detector(s)
Sewer Public Sewer
Spa Features None
Terms Cash, Conventional, 1031 Exchange
Total Units 4
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Sewer Expense 100
Zoning GLC3*

Interior Features

Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Fireplace Features Kitchen, Outside
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features None
Window Features Double Pane Windows

Exterior Features

Foundation Details Concrete Perimeter
Lot Features 16-20 Units/Acre
Lot Size Acres 0.12
Lot Size Area 5241
Lot Size Source Assessor
Lot Size Square Feet 5241
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Road Frontage Type Alley, City Street
Road Surface Type Paved
Total Parking 4
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91208

AVG $1.15M
AVG 19
Year Built
AVG 1961
AVG 81
Data Provided by Walkscore ® not using MLS data

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