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Excellent Investment Opportunity in Prime La Crescenta Location. Unlock the potential of this rare 10-unit multifamily property situated in the desirable community of La Crescenta. The property consists of a total of 10 units: 2 spacious two-bedroom units, 6 one-bedroom units, and 2 singles. Each unit is well-proportioned, offering comfortable living spaces that tenants will appreciate. Sitting on a generous 15,879 sq ft lot, the property features a total building size of 6,898 sq ft, with plenty of room for potential expansion. Rents are currently below market, offering significant upside for investors seeking long-term growth and increased cash flow. An added value opportunity exists with the possibility of adding an ADU (Accessory Dwelling Unit), further enhancing the income potential of this asset. Buyer to investigate the possibility. Located in a high-demand rental area with strong tenant appeal, this property is perfect for investors looking to reposition and maximize returns. Don't miss this chance to acquire a solid income property with tremendous future upside in one of La Crescenta's most attractive neighborhoods.
Last Updated | 6/2/2025 | Year Built | 1950 |
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Community | 635 - La Crescenta/Glendale Montrose & Annex | Garage Spaces | 6.0 |
County | Los Angeles |
Additional Details
AIR | Central Air, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | 635 - La Crescenta/Glendale Montrose & Annex |
GARAGE | Yes |
HEAT | Wall Furnace |
LOT | 0.3645 acre(s) |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | Split/Multi Level |
WATER | Public |
Location
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