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2535 Cross St

La Crescenta-Montrose CA 91214

3
4
0.36 ac.
Multi-Family
Currently for sale - view listing

Overview

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. Dont miss this chance to acquire a solid income property with tremendous future upside in one of La Crescentas most attractive neighborhoods.

Features

3 bedrooms
4 bathrooms
0.36 ac. lot size
Multi-Family

Property history for 2535 Cross St

2018
Sold
$2,500,000
09 Nov 2018 by KEVIN LUTZ

Happy sellers in La Crescenta-Montrose

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We have insufficient information to provide an overview of customer satisfaction for La Crescenta-Montrose. Viewing the agent profiles, reviews and sales for La Crescenta-Montrose can provide insights for this location.

Local market activity for 3 bedroom multi families in La Crescenta-Montrose

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Sales:
(619) 566-0008
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