Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California – a hidden gem nestled in the heart of Los Angeles County. Known for its charming small-town vibe, Montrose offers a unique blend of suburban tranquility and urban convenience. With tree-lined streets, friendly neighbors, and a vibrant community spirit, it’s no wonder this quaint city has become a sought-after destination for families, young professionals, and retirees alike.

Montrose is particularly renowned for its diverse real estate options, including homes with a mixed-use subtype. This innovative approach to living allows residents to enjoy the best of both worlds – a comfortable home environment paired with the convenience of commercial spaces right at their doorstep. Imagine waking up in a beautiful residence, then stepping out to find cafes, boutiques, and local services just a short stroll away. This lifestyle not only fosters a strong sense of community but also promotes sustainable living by reducing the need for long commutes.

The Montrose Shopping Park, a local favorite, is a perfect example of this mixed-use charm. Here, you can explore a delightful array of shops, restaurants, and services, all while enjoying the picturesque surroundings. The community also hosts various events throughout the year, including farmers' markets and seasonal festivals, making it easy to connect with your neighbors and enjoy everything Montrose has to offer.

Whether you're looking for a cozy family home or an investment opportunity in a thriving community, Montrose's mixed-use properties provide an ideal solution. Experience the charm and convenience of Montrose – 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.