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2218 Mira Vista Avenue

Montrose, CA 91020
  • $2,295,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: GD25044333
UPDATED: 32 min ago
$2,295,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent(s): James Garrison of Stevenson Real Estate Services (818-956-7001)


Description

This prime Montrose eight (8) unit is close to restaurants, shopping, a movie theater, post office and various community services. Located on a larger 21,471 square foot lot, the property has the potential for building additional dwelling units (ADUs). This building has several rents far below market at this time, however any move outs will be an immediate benefit to an astute buyer. Additionally, the building has over 600 square feet of dead storage space that can bring added revenue. The long-time owner has relocated and prefers an all cash or cash to new loan offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161096257
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2218 Mira Vista Avenue Montrose, CA 91020

  • Price: $2,295,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 32 min ago
  • ID#: GD25044333
0
Beds
0
Baths
0
½ Baths
0.49
Acres
1960
Built
Neighborhood:
635 - La Crescenta/Glendale Montrose & Annex
County:
Los Angeles
Area:
635 - La Crescenta/Glendale Montrose & Annex
Property Description
This prime Montrose eight (8) unit is close to restaurants, shopping, a movie theater, post office and various community services. Located on a larger 21,471 square foot lot, the property has the potential for building additional dwelling units (ADUs). This building has several rents far below market at this time, however any move outs will be an immediate benefit to an astute buyer. Additionally, the building has over 600 square feet of dead storage space that can bring added revenue. The long-time owner has relocated and prefers an all cash or cash to new loan offer.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 8 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Garage YN Yes Gross Income 157260 Gross Scheduled Income 157260 Insurance Expense 2811 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 89317 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 67943 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2932 Water Sewer Expense 7415 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): James Garrison of Stevenson Real Estate Services (818-956-7001)