Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California – a hidden gem nestled in the heart of Los Angeles County. With its picturesque streets, charming boutiques, and a vibrant community spirit, Montrose offers a unique blend of suburban tranquility and urban convenience. Known for its quaint small-town feel, this delightful city is surrounded by the stunning San Gabriel Mountains, providing residents with breathtaking views and ample opportunities for outdoor adventures.

One of the standout features of Montrose is its diverse real estate market, particularly the homes with mixed-use subtypes. These properties not only provide comfortable living spaces but also offer the perfect opportunity for entrepreneurs and creatives to thrive right at home. Imagine waking up in a cozy residence and stepping into your own business—all without the hassle of a long commute! Whether it’s a quaint café, a boutique shop, or an art studio, the mixed-use homes in Montrose cater to those looking to blend their professional and personal lives seamlessly.

The community is also rich in amenities, with a variety of parks, local farmers' markets, and annual events that foster a strong sense of camaraderie among residents. With access to excellent schools and a family-friendly atmosphere, Montrose is an ideal location for families and young professionals alike.

If you’re searching for a place where you can live, work, and play, Montrose’s mixed-use homes offer the perfect canvas for your lifestyle aspirations. Discover the charm and convenience that Montrose has to offer—your dream home and business await!

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.