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    2204 Waltonia Drive

    Montrose, CA 91020
    • $4,850,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 20624560
    UPDATED: 33 min ago
    $4,850,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    We are pleased to present this gorgeous 10-unit investment property nestled in Montrose overlooking Glendale and Downtown L.A. The property is tri-level townhouse style apartment and there's great potential to convert it to condo/townhouse. The property is a 12,398 square foot and each unit has an attractive floor plan with an adorable 2 bedrooms and 1.5 bathrooms with large private balcony in both bedroom and living room. Some units come with hardwood floor, private washer & dryer room, individual HVAC & water heater tank system and private 2 car garage on the ground level, along with abundant street parking. Exterior is newly painted recently. Quick easy access to freeway 2, 134 & 210 and walking distance to Montrose Village & numerous stores including Marshalls, Ross, Vons, Trader Joes and so on.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T14:31:53.907. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109445845
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    2204 Waltonia Drive Montrose, CA 91020

    • Price: $4,850,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 20624560
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    1985
    Built
    Neighborhood:
    635 - La Crescenta/Glendale Montrose & Annex
    County:
    Los Angeles
    Area:
    635 - La Crescenta/Glendale Montrose & Annex
    Property Description
    We are pleased to present this gorgeous 10-unit investment property nestled in Montrose overlooking Glendale and Downtown L.A. The property is tri-level townhouse style apartment and there's great potential to convert it to condo/townhouse. The property is a 12,398 square foot and each unit has an attractive floor plan with an adorable 2 bedrooms and 1.5 bathrooms with large private balcony in both bedroom and living room. Some units come with hardwood floor, private washer & dryer room, individual HVAC & water heater tank system and private 2 car garage on the ground level, along with abundant street parking. Exterior is newly painted recently. Quick easy access to freeway 2, 134 & 210 and walking distance to Montrose Village & numerous stores including Marshalls, Ross, Vons, Trader Joes and so on.
    Exterior Features

    Direction Faces North Entry Location Living Room Garage Spaces 20.00 Lot Size Units Square Feet Parking Total 20.00

    Interior Features

    Appliances DishwasherMicrowaveRefrigeratorGas Range Appliances YN Yes Cooling Dual Cooling YN Yes Fireplace Features BathDining RoomKitchenLiving RoomMaster Bedroom Fireplace YN Yes Flooring CarpetWoodLaminate Heating Fireplace(S)Combination Heating YN Yes Levels Multi/Split

    Property Features

    Country Us Gross Income 283836.00 Gross Multiplier 17.50 Gross Operating Income 283836.00 Net Operating Income 190445.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 93390.00 Vacancy Allowance Rate 0.00 Zoning Lcr3*

    Listing provided courtesy of James Chin of Realtex Properties and Andrew Jung of Realtex Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T14:31:53.907. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003