Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California – a hidden gem nestled in the heart of Los Angeles County. This charming community, known for its quaint small-town atmosphere, offers a unique blend of suburban tranquility and urban convenience. With stunning views of the San Gabriel Mountains and a vibrant local culture, Montrose is the perfect place to call home.

One of the standout features of Montrose is its diverse real estate market, particularly the availability of homes with a mixed-use subtype. These properties offer residents the rare opportunity to live, work, and play all in one location. Imagine waking up in your beautifully designed home and stepping into your own office or retail space just a few steps away. This seamless integration of residential and commercial spaces fosters a dynamic lifestyle that appeals to entrepreneurs, artists, and families alike.

Montrose is not just about its properties; it’s about the community spirit. The area boasts an array of local shops, cafes, and restaurants, creating a vibrant atmosphere where neighbors become friends. The Montrose Shopping Park is a popular destination, featuring charming boutiques and delightful eateries that cater to every palate.

Outdoor enthusiasts will also appreciate the nearby hiking trails and parks, offering plenty of opportunities for recreation and relaxation. With its excellent schools and strong sense of community, Montrose is an ideal place for families looking to settle down.

Whether you're seeking a mixed-use home that allows for a unique lifestyle or simply want to enjoy the charm of Montrose, this delightful city has something for everyone. Discover the magic 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

Start Your Search

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.