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!
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!
Property Details
Price:
$2,595,000
MLS #:
GD26136915
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Not Applicable-105
Neighborhood:
635lacrescentaglendalemontroseannex
Listed Date:
Jun 23, 2026
Total Sq Ft:
5,502
Lot Size:
10,303 sqft / 0.24 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Cooling
DL, WW
Flooring
LAM
Heating
GAS, WL
Interior Features
CF
Laundry Features
AR
Levels
A
Exterior
Common Walls
_1CW
Community Features
SDW, SL
Garage Spaces
1
Parking Spots
9
Parking Total
9
Financial
Map
Community
- Address2520 Montrose AV Montrose CA
- SubdivisionNot Applicable-105
- CityMontrose
- CountyLos Angeles
- Zip Code91020
Subdivisions in Montrose
Market Summary
Current real estate data for Single Family in Montrose as of Jun 26, 2026
19
Single Family Listed
42
Avg DOM
97
Avg $ / SqFt
$508,608
Avg List Price
Property Summary
- Located in the Not Applicable-105 subdivision, 2520 Montrose AV Montrose CA is a Single Family for sale in Montrose, CA, 91020. It is listed for $2,595,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1947. The average price per square foot for Single Family listings in Montrose is $97. The average listing price for Single Family in Montrose is $508,608.
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Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2520 Montrose AV
Montrose, CA