$2,700,000
$2,295,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
5,664 SqFt
SOLD DATE : 04/01/2025
Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,664 sqft
Price per Sqft $476
MLS Listing ID CRGD25044333
Sold Date 04/01/25
HOA Y/N No
Year Built 1960
Lot Size 0.493 Acres
Acres 0.49
Property Sub-Type Other
Property Description
This prime Montrose eight (8) unit is close to restaurants, shopping, a movie theater, post office and various community services. Located on a larger 21,471 square foot lot, the property has the potential for building additional dwelling units (ADUs). This building has several rents far below market at this time, however any move outs will be an immediate benefit to an astute buyer. Additionally, the building has over 600 square feet of dead storage space that can bring added revenue. The long-time owner has relocated and prefers an all cash or cash to new loan offer.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5807008008
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with NairyStepanyan
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+1(925) 413-1849 | kenneth@jcastlegroup.com