Excellent Investment Opportunity in Prime La Crescenta Location. Unlock the potential of this rare 10-unit multifamily property situated in the desirable community of La Crescenta. The property consists of a total of 10 units: 2 spacious two-bedroom units, 6 one-bedroom units, and 2 singles. Each unit is well-proportioned, offering comfortable living spaces that tenants will appreciate. Sitting on a generous 15,879 sq ft lot, the property features a total building size of 6,898 sq ft, with plenty of room for potential expansion. Rents are currently below market, offering significant upside for investors seeking long-term growth and increased cash flow. An added value opportunity exists with the possibility of adding an ADU (Accessory Dwelling Unit), further enhancing the income potential of this asset. Buyer to investigate the possibility. Located in a high-demand rental area with strong tenant appeal, this property is perfect for investors looking to reposition and maximize returns. Don’t miss this chance to acquire a solid income property with tremendous future upside in one of La Crescenta’s most attractive neighborhoods.
Property Details
Price:
$3,975,000
MLS #:
GD25122829
Status:
Active
Baths:
0
Address:
2535 CROSS Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
635lacrescentaglendalemontroseannex
City:
La Crescenta
Listed Date:
Jun 2, 2025
State:
CA
ZIP:
91214
Lot Size:
15,877 sqft / 0.36 acres (approx)
Year Built:
1950
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Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Community Features
Gutters
Garage Spaces
6.00
Lot Features
0-1 Unit/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address2535 CROSS Street La Crescenta CA
- Area635 – La Crescenta/Glendale Montrose & Annex
- CityLa Crescenta
- CountyLos Angeles
- Zip Code91214
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2535 CROSS Street
La Crescenta, CA
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