Montrose CA Real Estate & Commercial for Sale

A rare opportunity to purchase 10 townhome investment properties located in prime La Crescenta location. Built in 1987, the property has an exceptional unit mix of (10) 2+2.5 townhomes, situated on a +/-13,949 SF of land. The property features spacious and updated townhomes with separate parcels, +/-12,859 SF building size, central A/C and heating, balconies, fireplaces, individual washer/dryer and double attached garage for each unit.The property is in excellent condition and has a great curb appeal, it has separate gas, electric and water meters and copper plumbing. Tenant pays for all utilities except Sewer and Water. It's located in a much desired prime rental location, walking distance to the schools and few blocks to Old Town Montrose Village attractions.The following APN #s to be sold as a whole under one purchase contract:5610-016-061, 5610-016-062, 5610-016-063,5610-016-064, 5610-016-065, 5610-016-066, 5610-016-067, 5610-016-068,5610-016-069, 5610-016-070

559 Glenwood Rd is a seven-unit multifamily property stands out as a rare find in a sought-after residential area, promising both stability and growth potential for investors.Located on the strategic corner of Clement Dr & Glenwood Rd, the property benefits from its proximity to key educational institutions and is nestled in an affluent neighborhood that boasts a high average household income. Its accessibility to Downtown Glendale, major shopping centers like the Glendale Galleria, and essential freeways positions it as an ideal residential choice for a wide range of tenants.The building is currently fully occupied, featuring a mix of one single and six two-bedroom units with six parking garages, each with dedicated parking. Recent rent adjustments have been implemented, affirming the property's strong income generation capability. Despite its well-maintained status, highlighted by quality interior finishes such as hardwood flooring and recessed lighting, the property offers significant upside potential. With most units rented below market rates, strategic upgrades and unit turnovers could lead to an increase in rental income by over 45%.Offered at a competitive price per unit and per square foot, this investment presents a rare opportunity to enter or expand in the Glendale mar

Outstanding owner-user opportunity! The property consists of a 2 bedroom/2 bathroom owner's unit and four (4) 2 bd/1 ba units. The owner's unit has been extensively remodeled with high-end finishes: Santos mahogany solid hardwood floors, plantation shutters and solid wood crown molding throughout the unit; the living room has an Italian marble gas fireplace; the kitchen has Caesarstone countertops, custom, solid-wood maple cabinets, Travertine backsplash, Italian glazed porcelain floor tile and base molding trim, heated floor, Viking professional series range and hood and Miele dishwasher; built-in closets in each of the bedrooms; primary bathroom has a large air jet bathtub, tempered glass, double-slider tub enclosure, solid wood cherry cabinets, two (2) recessed medicine cabinets, Caesarstone countertop with makeup station, Italian glazed porcelain floor and wall tile with base molding trim and chrome Hansgrohe Axor fixtures; guest bathroom has a large walk-in shower with solid corner built-in bench, Caesarstone countertop, tempered glass shower door, solid wood cherry cabinets, recessed medicine cabinet, Italian glazed porcelain floor and wall tile and base molding trim and chrome Hansgrohe Axor fixtures; high-end audio/video system with nine (9) Bowers & Wilkins speakers and

Amazing church facility with a preschool/kindergarten included for sale. The school can accommodate 40 kids. It also comes with a commercial-grade kitchen. Located in the prime north Glendale area and is a great investment opportunity.

5,768 square foot, 2 story, office building with on-site parking. Hard to find 2 tenant buildingSeparately metered. Occupy all or 1/2 of building, with income potential. Owner/User of 51% or more may qualify for SBA loan with only 10% down. Refurbished, attractive, free standing building. Good mix of private offices & bullpen area. 2 story walk-up with restrooms & lunchrooms on each floor. Adjacent to restaurants, public transportation, & freeways

Commercial C3 zone, multipurpose use. Floor to ceiling renovation in 2023, free standing building with additional 499 square feet with permit. Total square feet of 1,781 sf. Brand new roof, new energy saver Centralized Ac/heater, new plumbing, new electrical- Commercial wiring, new rear concrete parking with new Ada ramp, brand new building stucco, motorized front gate and ample parking spaces.

Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!

The property is 15.14 acres of land ready to be developed. The land is located in pristine Sunset Canyon right next to the Sunset Canyon Country Club. The process for design/architectural approval is currently underway with the City of Burbank. Only minutes away from historic Burbank Castle and other manor homes, this location is a truly unique opportunity for a developer to build an iconic home in the hills of Burbank. The property is only a short drive from downtown Burbanks chic restaurants, hip stores, and located in the heart of scenic hiking trails. It is also next to one of the best neighborhoods and school districts in Burbank. The City of Burbank is an icon in the entertainment industry with many celebrities and entertainment industry executives living in these neighborhoods.

$900,000 price reduction! Only $368K per door. 13.9 GRM 5.1% cap going in. We are pleased to be retained for this exclusive marketing assignment of the Elm Terraces in Glendale. This 34+1 n.c. unit apartment community is located in the most-sought rental pocket in all of the city, north of Glenoaks Blvd known as "El Miradero" / Grandview. The demand for rental housing in this pocket provides for historically low levels of vacancy and in turn premium in rental levels. The asset has been within the same family ownership for over 3 decades and presents an opportunity to unlock lock value by either loss to lease capture or a mild modernization update. Comprising mostly of 2+1.5 townhouse units, the Elm Terraces built in 1986, offers several key tenant amenities including individual hot water heaters, controlled intercom, and gated parking, ample parking, and storage. The walkability to a plethora of local shops, services, and cafes is a major benefit of living at the Elm Terraces.

Unique and Prime investment opportunity 10 units in desirable Glendale Glenoaks area. Pride of ownership, Owns for about 50 years. Due to this long term ownership relationship with great tenants, the current rents have remained very low, leaving about 80% upside in rents Current rents are significantly below market, for 10 units totaling about $151,380 a year. One 3 bed 2 bath, Two 2 bed 1 bath, Five 1 bed 1 bath, Two single. The rents in the area for a 3 bedroom unit can be over $3,000, for 2 bed $2500 and 1 bed $2000 a month. Some TLC on this property current rents can potentially go up about $252,000 a year. The property is centrally located for commutes, supermarkets, restaurants and schools . Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl. This 10 units is truly one of a kind and great investment. Per seller, inside 6 units are updated, Has copper plumbing, newer water heater, walk way, all wall heaters and wall A/Cs, about 13 parking, Everything in this area sells quickly, priced right and will not last long in this market.

5.10% CAP Rate without doing any renovation! The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walk score 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey conditions. New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Each unit one has been fully upgraded with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathr

Exceptional Opportunity: Prime Commercial Property with Fully Equipped Coin Laundry Assets included. We are delighted to present this exceptional commercial property offering a lucrative investment opportunity. Situated in a highly sought-after location, this property boasts not only the building but also includes all the assets of a fully operational coin laundry facility. This turnkey investment provides prospective buyers with the advantage of acquiring a property equipped with state-of-the-art coin laundry assets, ready for immediate operation or integration into existing ventures. Key Features: - Prime commercial property with versatile usage potential. -Fully equipped coin laundry assets included in the sale price. -Strategically located on Foothill Blvd., ensuring high visibility and foot traffic. -Ample parking space. It is important to note that while this offering includes the assets of the coin laundry business, the sale does not include the business itself, providing flexibility for buyers to explore various entrepreneurial opportunities. Don't miss out on this rare chance to acquire a valuable property with turnkey assets. Contact us today to schedule a viewing and explore the limitless potential this investment holds.

We are pleased to present 1134 Elm Avenue, a sixteen-unit apartment community in Glendale, California, built in 1987. The offering provides investors with a unique opportunity to purchase a premium asset with strong income metrics in one of the strongest rental markets in Los Angeles along with an attractive assumable loan. Glendale is attractive to prospective owners and renters alike. As it's located in the City of Glendale, 1134 Elm Avenue is impacted by AB 1482, meaning Statewide rent control. Additionally, there is no ULA "Mansion Tax". 1134 Elm Avenue was built in 1987 and boasts sixteen spacious apartment homes. It features an attractive unit composition of two (2) Four-Bedroom | Three-Bathroom units, two (2) Two-Bedroom | Two and a Half-Bathroom Townhome units, ten (10) Two-Bedroom | Two-Bathroom units, and two (2) One-Bedroom | One-Bathroom units. What makes the building and units so attractive are the amenities, precisely: fourteen of the sixteen units feature in-unit washer dryers, central A/C, and at least one balcony. There is a whopping total of 22 balconies or sundecks. In all, 1134 Elm Avenue features 16,738 square feet of improvements on a collective 13,313 square feet of land, zoned GLR4. The property is separately metered for gas and electrical utilities. While

Great opportunity to own this 12 unit building in the city of Tujunga. Two seperate buildings, 10039 and 10043 Haines Canyon, each with 6 units totaling 12 units. Unit mix are 2 beds 1 bath and approximately 800 sq ft each, totaling approximately 9,588 sq ft ( per assessor). The Lot is approximately 17,013 sq ft ( per assessor ). The Building has 20 parking spaces, consisting 12 carports and 8 open parking spaces. Four units are available for rent. Tujunga is experiencing great demand and growth due to an influx of residents migrating from nearby cities. Close proximity to shopping, transportation, schools and local amenities. This is your opportunity to expand your investment portfolio and own this amazing income property.

5.5% CAP Rate Beautiful Garden Style 16 Units Apartment in NW Pasadena. Two 8-units Buildings. Most units are updated. 100% Leased. Full Address is 1910 & 1918 Lincoln Ave., Pasadena, CA 91103. 2 Parcels (5825-014-003 & 5825-014-002). Unit Mix of (12) 1Bed+1Bath, (2) 2Bed+1.5Bath, & (2) Studio. 14 Parking spaces and shared laundry on site. Excellent upside in rents. Hardly any vacancy. Very easy to manage. Drive By Only.

Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways. Rents are below market 3 bedroom unit was recently rented for $3,100.

The subject is a nine-unit woodframe and stucco luxury apartment building, constructed in 2021, with a convenient location in Tujunga, a suburban community within the City of Los Angeles. The subject is located just north of Foothill Boulevard and the Foothill (Interstate 210) Freeway, approximately one mile west of Glendale, two miles north of Burbank and less than eight miles from Pasadena. This stylish contemporary three-story building includes a central garage on the first story and an excellent mix of oversized two and three-bedroom units ranging up to 1,598 square feet in size in the second and third stories. The property has a center atrium, an elevator located in the lobby and a central garage with 21 vehicle spaces. Eight of the apartment units are one-level and one unit is two-story, townhouse-style. All units have contemporary kitchens with quartz countertops, dishwashers, gas range/ovens and microwave ovens. Bathrooms have luxury oversized state-of-the-art showers with full glass enclosures. Many rooms feature floor-to-ceiling windows. All units have recessed lighting, tankless water heaters, washer/dryers and central heating/air conditioning. Electricity and gas are separately metered to each unit. Zoning is LARD1.5. Eight of the units have no rental rate restriction

Graceland Apartments, located at 107 N. Columbus Avenue, is a 13-unit historic American Four Square asset, located one block from the Glendale Americana. Current ownership has spent over one million dollars on capital improvements, including new electrical system, plumbing, and roofs. Spread across two parcels, Graceland Apartments has a strong unit mix, comprised of (2) 2 BD/1 BA, (6) 1 BD/1 BA, and (5) studios. Boasting spacious floorplans, the majority of the units have been thoughtfully restored to capitalize on the strong tenant base in the area. Current ownership has implemented a RUBS program across all units to improve operational efficiencies, allowing new ownership to operate the asset at a sub 30% expense ratio. Ten existing garages provide current income and also have the potential to be converted into (3) 2 BD/1 BA ADUs (approx. 700 SF each) for additional rental revenue of approximately $34,605 annually. Based on estimates, a new owner can achieve a return on cost of nearly 333%. by raising rents to market and investing into ADU construction.

Great opportunity to own this free standing building with front and backyard parking/storage space, gated driveway to accommodate your business/office needs. Located on a major street on Foothill Blvd in the heart of Tujunga next to and across the street from reputable businesses loved by locals. Foot traffic and thousands of cars passing by may boost your business exposure tremendously allowing locals see your business sign, your office, business and glance of what you and your business is about. Fist time for sale in many many years, this motivated seller priced it right for quicker sale. Property currently has a 3 year lease for $2,300 a month with 5% increase every year.

Perfect location in Burbank. Corner of Elmwood Ave and Glenoaks Blvd. Close to Freeway. On Bus Route. Close to Burbank Media Center and the City of Glendale. Entry leads to private offices on each side of the hall leading to Church Nave and Chancel. Up the stairs is the 5-pew large balcony for the choir with ample storage in the above loft. Parishioners' Area of Worship leads to the quiet room and to a separate meeting area for class, Conference, or Bible Study. Music Room. Baptismal Area and More Private Rooms. The detached Building is a daycare center with Toddler Classroom, Educational Rooms, Bathrooms, Kitchen Area, and Teachers' Room. Upstairs is the Community Room with 2 additional Study Rooms and Lavatory. This site can be an excellent Educational Building, Family Dare Care Homelicensed or Unlicensed Community Care Facility. Supportive Home Services. Place of Worship. Day Care Building. Future Apartments. City Records reports 7957 square feet, Appraiser measures 10,256 square feet. Corner Lot with an Alley. Zoned R4.

An exceptional opportunity to purchase three individual properties that will be sold together at one time. Building #1 has 1758 square feet of building area and a lot size of 8900 square feet and is currently being used as a mechanic tire shop. Building # 2 has 2205 square feet of building area and a lot size of 9025. It is currently being used as a part of the mechanic tire shop. Building #3 has 1980 square feet of building area and a lot size of 6100 that is also part of the tire shop. Property is located about a quarter mile from the Rose Bowl and nearby old town Pasadena.

Location, Location!! Close to the famous Glendale Galleria is this commercial property zoned Commercial/Office/Residential/Mix Use. So many possibilities, SB35? AB2011? The current use is an automotive garage with one unit behind it. Buyer to verify possible use with City of Glendale.

Commercial Building for Sale! In the beautiful city of Pasadena. Location is great! Tenant occupied. Buyers to conduct due diligence with associating themselves with the building and planning department in Pasadena - on the type of future developments, improvements, permits, etc.

We are pleased to present an exceptional investment opportunity: 451 Hawthorne St, a 25-unit multifamily property located in the Moorpark neighborhood, just steps away from Downtown Glendale. This property, offered for sale for the first time in 33 years, represents a rare generational investment in the highly sought-after Downtown Glendale area, situated only one block from the Glendale Galleria and two blocks from the Americana on Brand.What sets 451 Hawthorne apart from other properties of similar vintage in Glendale is its distinctive architecture and layout, making it an ideal choice for investors seeking over 20% in rental upside through an interior and exterior renovation program. The property's value is further solidified by its zoning designation as R1250, which prohibits future multifamily developments of this size at this prime location.Constructed in 1989, this three-story property comprises six 1-bedroom/1-bathroom units, one 1-bedroom/1.5-bathroom + office townhouse unit, and eighteen 2-bedroom/2-bathroom units. Nine of these units have undergone renovations featuring custom kitchen cabinetry and updated bathrooms, while almost all units have received new vinyl plank or wood laminate flooring. Four units have undergone minor improvements, and the remaining 12 units