3419 Montrose Ave - Multi-Family FOR SALE


La Crescenta, CA 91214
$2,749,000 USD
818-426-6948
3419 Montrose Ave, La Crescenta, CA for Sale
$2,749,000 USD
Multi-Family - FOR SALE
1/30
null | 4.01% Cap Rate

3419 Montrose Ave
La Crescenta, CA 91214


HIGHLIGHTS

  • 2024 New Construction, Three Fully Detached Residences , No Shared Walls with private garage space, Separate Water, Gas & Electric Metering.
  • Owned Solar Systems, EV Charging Infrastructure, Central HVAC Throughout, Premium Family-Oriented Layouts, Enhanced Acoustic interior Insulation
  • Top-Rated Foothill School District, Optional Leaseback Opportunity, Minimal Shared Operating Expenses, Easy Access to Honolulu Avenue & 210 Freeway

OVERVIEW

2024-built detached luxury triplex located in the highly desirable La Crescenta-Montrose foothill community adjacent to Glendale and La Cañada Flintridge. The property features three fully detached residences with no shared walls, offering a rare single-family-home feel within a multifamily investment asset. Property includes approximately 2,940 SF of permitted living area plus approximately 880 SF of substantial private garage/storage areas, owned solar systems servicing each residence, separate water/gas/electric metering, EV charging infrastructure, central HVAC, enhanced acoustic interior insulation, and premium low-maintenance construction features designed for long-term ownership quality. Existing rents remain below projected market levels, providing future upside potential. Seller may consider an optional leaseback structure for the front residence to assist with occupancy stabilization and ownership transition. Ideal opportunity for owner-users, multigenerational living, or long-term investors seeking premium newly constructed multifamily product in one of Los Angeles County’s most desirable foothill communities.

FOR SALE DETAILS

PRICE

$2,749,000 USD

PRICE/SF

$720 USD /SF

# OF UNITS

3

PRICE/UNIT

$916,333

CAP RATE

4.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,365 SF

ZONING

R3

APN/PARCEL ID

5607-004-032

ASK ABOUT THIS PROPERTY

Artin BabaianPellego IncMore Info
818-426-6948

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Artin BabaianPellego IncMore Info
818-426-6948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.