A stunning 14-unit apartment building in the heart of Montrose! Built in 1984 and lovingly maintained by the original builder, this property has never been on the market before. Situated on a spacious nearly 21,000 square foot lot, each unit comes with a 2-bedroom layout. Steps from the charming Downtown Montrose, near the intersection of Montrose Ave and Ocean View Blvd. This is a rare chance to invest in a prime piece of Montrose real estate. For exclusive details about this sale, reach out directly.

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Investment Highlights

• First Time Offered for Sale Since Constructed in 1984 (Over 40 Years!)
• Double Lot (2 APNs) Totaling 20,890 Sq.Ft.
• Family Built, Owned & Operated
• Highly Desirable Location in Montrose | La Canada Adjacent
• 14 Oversized 2 BED + 1 BATH Units Averaging 947 Square Feet Each
• All Units Come With Two Covered Parking Spaces
• Units Have Patios & Wood Burning Fireplaces with Central Air/Heat
• Separately Metered for Gas and Electricity | Separate Water Heaters for Each Unit
• Newer Class "A" Roof (in 2015)
• Rental Upside Potential with Opportunity to Add-Value
• Conveniently Located Near the Montrose Shopping Park & Minutes to the 210 Freeway
• Rated a Walk Score of "82" Considered "Very Walkable"
• Property is Situated in Unincorporated Los Angeles County | Rent Control Ordinance Applies