Montrose Homes with Mixed Use Subtype

Welcome to Montrose, California—a hidden gem nestled in the heart of Los Angeles County that beautifully marries suburban tranquility with urban convenience. Known for its charming small-town vibe, Montrose boasts tree-lined streets, local boutiques, and a vibrant community spirit that makes it a desirable place to call home. The city is conveniently located near the San Gabriel Mountains, providing residents with easy access to outdoor activities, while still being just a short drive from the bustling energy of downtown Los Angeles.

One of the most appealing aspects of Montrose is its unique mixed-use properties. These homes offer a versatile lifestyle, seamlessly blending residential and commercial spaces. Imagine living just steps away from your favorite café or boutique, all while enjoying the comforts of a cozy home. Montrose's mixed-use homes cater to a variety of lifestyles, whether you're an entrepreneur looking to run a business from home or a family seeking a community-oriented environment.

The local real estate market is thriving, with properties that reflect the character and charm of the area. From quaint cottages to modern townhomes, Montrose offers a diverse range of options for prospective buyers. With its strong sense of community, excellent schools, and a plethora of parks and recreational activities, Montrose is not just a place to live—it's a place to thrive.

Explore the possibilities of mixed-use living in Montrose, where your dream home and business can coexist harmoniously. Experience the best of both worlds in this enchanting city!

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.