4117 Ocean View Boulevard, Montrose, CA 91020

$965,000

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List Price
$965,000
Status
ACTIVE
MLS#
P1-28273
Year Built
1947
Lot Size
2,714
Acres
0.06
Lot Location
Sprinklers None
Days on Market
0
Property Type
Multifamily
Style
Traditional
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Two blocks from downtown Montrose, past the shops and the park, sits a property built for two very different buyers. Downstairs offers two bedrooms, one bath, a large living room, and an eat-in kitchen with laundry hookups. A fireplace warms the space. A dedicated parking spot sits at the rear of the building. Upstairs, one bedroom and one bath open onto a small balcony with beautiful views. That unit has its own updated kitchen, a full fireplace, and a two-car garage reserved just for the upstairs tenant. First-time homebuyer: Perhaps Montrose has always felt out of reach. Every search ends the same way: bad location or too much money. This duplex changes that math. Move into the upstairs unit, balcony and all, and let the two-bedroom downstairs help cover the mortgage. Or take the larger unit for yourself and rent out the one above. Let the rent supplement your payment. Together they bring in over $4,450 a month. First-time investor or looking to add a nugget in the heart of Montrose to your portfolio? Here's a low-maintenance investment, one with tenants already in place, income already flowing, and upkeep kept simple. Over $4,450 a month, two blocks from downtown Montrose, doesn't come along often. A first home. A first investment. A small addition to your portfolio. This one gives you choices.

Additional Information

Appliances
Electric Range, Free-Standing Range, Gas Range, Water Heater
Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless, High Efficiency
Roof
Composition, Rolled/Hot Mop
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
High Ceilings, Pantry, Storage
Attached Structure
Detached
Gross Scheduled Income
$52,536
Operating Expense
5160

Listing courtesy of Listing Agent: Robbyn Battles (robbyn@thehouseagent.com) from Listing Office: JohnHart Real Estate.

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Calculator source: Real Geeks

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.