Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a hidden gem nestled in the heart of Los Angeles County. This charming community offers a delightful blend of suburban tranquility and vibrant urban energy, making it a perfect place to call home. With its tree-lined streets, quaint shops, and inviting cafes, Montrose exudes a warm, small-town atmosphere while still being conveniently close to the bustling city life of Los Angeles.

Montrose is renowned for its picturesque surroundings and a strong sense of community. The area is home to several parks, including the popular Montrose Community Park, which hosts local events and provides ample space for outdoor activities. Residents enjoy a variety of recreational options, from hiking in the nearby San Gabriel Mountains to exploring the charming local farmer's market, where fresh produce and artisanal goods abound.

One of the standout features of Montrose is its unique real estate offerings, particularly homes with a mixed-use subtype. These properties provide an incredible opportunity for residents to live, work, and play—all within the same vibrant neighborhood. Imagine waking up in your beautifully designed home, stepping out to your own café or boutique, and enjoying the seamless integration of residential and commercial spaces. This innovative approach to living allows for a dynamic lifestyle, catering to those who value convenience and community engagement.

Whether you're a young professional, a growing family, or a retiree seeking a peaceful yet lively environment, Montrose has something to offer everyone. Experience the charm and convenience of this delightful community, where your dream home awaits!

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.