3459 Montrose Ave, Glendale, CA 91214
SOLDMAR 18, 2024

3459 Montrose Ave
Glendale, CA 91214

Crescenta Highlands
  • 15 Beds
  • 9 Baths
  • 7,310 sqft (on 0.29 acres)
  • 15 Beds
  • 9 Baths
  • 7,310 sqft (on 0.29 acres)

$2,900,000

Last Sold: Mar 18, 2024
12% over list $2.6M
$397/sqft
Est. Refi. Payment $18,391/mo*

Homes for Sale Near 3459 Montrose Ave

Local Information

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Description

This property is no longer available to rent or to buy. This description is from March 18, 2024
Pleased to present 3549 Montrose Avenue, a six-unit multifamily property located in the Crescenta Highlands neighborhood of Glendale, adjacent to both La Crescenta and Montrose. Offered for sale for the first time in 57 years, this property represents a rare, stabilized investment opportunity in north Glendale where multifamily properties rarely transact. Constructed in 1964, this property is comprised of one 4-bedroom/2-bathroom unit, one 3-bedroom/2-bathroom unit, and four 2-bedroom/1 -bathroom townhouse units. The average unit size is 1,200 square feet, offering spacious floorplans suitable for family living, and all units have been renovated at different dates over the last six years. Each unit is also equipped with in-unit washers and dryers, central or split-system HVAC, individual water heaters, and separate meters for gas and electricity. Multiple units have private patios, and all units can enjoy the common area outdoor seating. Most of the units have had their electrical panels upgraded. 3549 Montrose Avenue is an ideal choice for investors seeking a well-maintained, stabilized property with the opportunity to capture over 20% rental upside through interior and exterior renovations. The property's value is further solidified by its R3050 zoning, which only allows for a future development of 4 units on this 12,479 square foot lot. The property includes a third structure which provides tenants with four covered car ports, a single private garage, and storage cabinets. The 4-bedroom unit has its own two-car private garage and there is ample street parking for multiple vehicles. There are also four 240-volt outlets and two 120-volt outlets provided for tenants to install their own EV charging units. The sewer line has been replaced, the property has been replumbed to copper piping, and one of the structures has a newer roof. Situated north of Honolulu Avenue and west of New York Avenue, 3549 Montrose Avenue is conveniently located a couple blocks from the Pennsylvania Avenue exit off the 210 Freeway, offering commuters ease of access to the freeway. Moreover, the property is within a short distance from Montrose Village Square along Honolulu Blvd. and is Montrose's historic Main St. with over 200 independently owned local businesses that offer shoppers high quality gifts, retail merchandise, casual and fine dining, and much more. The property's proximity to this area ensures a high demand for rental units in one of Glendale's most sought-after neighborhoods.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$397/sqft
Listed
67 days ago

Home Details for 3459 Montrose Ave

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms: 9
Dimensions and Layout
Living Area: 7310 Square Feet
Appliances & Utilities
Laundry: In Unit
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 4Number of Covered Spaces: 6Open Parking Spaces: 3Has a CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 9Parking: Detached Carport,Garage - 2 Car,Driveway

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $2,600,000Price Per Sqft: $397/sqft
Status Change & Dates
Off Market Date: Tue Mar 05 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Glendale

Building

Building Area
Building Area: 7310 Square Feet

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-360465
Last check for updates: about 24 hours ago
Listed by Sevak Keshishian DRE # 01887505, (818) 726-0922
Marcus & Millichap, (818) 212-2700
Bought with: Brent Ballard DRE # 01297151, Anderson Ballard Companies, (818) 249-9161
Source: CLAW, MLS#24-360465

Price History for 3459 Montrose Ave

DatePriceEventSource
03/18/2024$2,900,000Sold
CLAW #24-360465
03/05/2024$2,600,000ContingentCLAW #24-360465
02/21/2024$2,600,000Listed For SaleCLAW #24-360465

Property Taxes and Assessment

Year2023
Tax$4,104
Assessment$248,090
Home facts updated by county records

Comparable Sales for 3459 Montrose Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.78
Multi-Family Home
$2,500,000
03/18/24
8
4
3,880
1.49
Multi-Family Home
$2,600,000
06/08/23
9
5
3,482
2.14
Multi-Family Home
$3,900,000
10/06/23
10
12
7,524
1.46
Multi-Family Home
$1,034,250
04/24/24
5
4
2,704
1.57
Multi-Family Home
$1,280,000
07/27/23
4
3
2,068
1.62
Multi-Family Home
$1,125,000
12/28/23
5
2
2,059
2.96
Multi-Family Home
$2,175,000
12/07/23
16
8
5,800

Assigned Schools

These are the assigned schools for 3459 Montrose Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Crescenta Highlands

  • Tamara Argueta
    "It’s a family friendly, quiet, small town feel city. We have lived here a little over 1 years and 1/2. "
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  • Trulia User
    "I enjoy the yard sales and all the restaurants. There is even a farmers market on Saturdays. And all the community has streets lined with lights during the holidays "
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  • Mylakerville
    "Halloween in nearby Montrose, Christmas parade each December and the beautiful Angeles National Forest for hiking and outdoor fun. "
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  • Nickolelyn
    "Beautiful neighborhood kind people for the most part with great schools. It’s close to anything you want to do la, Hollywood, prime hiking and beaches all within 40 min or less "
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  • Nickolelyn
    "Smooth it’s 12 miles away and takes me 15-17 min light traffic most of the time I go the 2 south to the 5 north and get off the 1st exit. I work in sliver lake "
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  • Jen
    "this neighborhood is very dog friendly. There is even a small pony that lives here. The owners walk him during the evening hours. "
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  • Gagne.sharon
    "It’s a safe neighborhood, great schools, has an outdoor village where there’s little shops, good restaurants, and simply to walk around. Friendly neighbors "
    3
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  • Diane.markham
    "I don’t have a dog but the people are really nice. It’s a quiet neighborhood all together. Great little place to be. "
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  • Jgibson
    "I live in the La Crescenta part of Glendale and enjoy the quiet lifestyle away from the fast pace of LA. 10 minutes to downtown Glendale or Pasadena for entertainment but everything needed is available locally on Foothill Boulevard. People here care about their community and getting to know one another. Has that La Canada feel without the multi-million dollar price tag."
    8
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  • pwderu
    "I love the Crescenta Highlands. Very safe area and family friendly. The best neighbors I have ever had and we look our for one another."
    5
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LGBTQ Local Legal Protections

© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3459 Montrose Ave

Off Market Homes Near 3459 Montrose Ave

3459 Montrose Ave, Glendale, CA 91214 is a 15 bedroom, 9 bathroom, 7,310 sqft multi-family built in 1963. 3459 Montrose Ave is located in Crescenta Highlands, Glendale. This property is not currently available for sale. 3459 Montrose Ave was last sold on Mar 18, 2024 for $2,900,000 (12% higher than the asking price of $2,600,000). The current Trulia Estimate for 3459 Montrose Ave is $2,625,800.