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$4,400,000
Est. payment /mo
0.56 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26234361
HOA Y/N No
Year Built 1948
Lot Size 0.556 Acres
Property Sub-Type Apartment
Property Description
The Mira Vista Apartments presents a rare opportunity to acquire a pride-of-ownership, 15-unit apartment community in the unincorporated area of Montrose, Los Angeles County. Family-owned and operated since 1964, this well-maintained property sits on an expansive 24,211-square-foot lot and features 14,194 square feet of building area, originally built in 1988. The property offers an attractive unit mix of fourteen two-bedroom/one-bath units and one three-bedroom/one-bath unit, with individual gas and electric meters, granite countertops, hardwood flooring, tile kitchen floors, and gas wall heating. Additional property features include 15 enclosed single-car garages, a common-area laundry room with a month-to-month laundry lease, upgraded electrical systems with new unit subpanels, predominantly copper plumbing, and pitched roofs reported to be in excellent condition. The property also offers potential for future ADU development, subject to buyer investigation and verification. Ownership currently pays water and sewer, common-area gas, trash, and landscaping. The property is subject to the Los Angeles County Rent Stabilization and Tenant Protections Ordinance (RSO). Buyer to independently verify all property information, zoning, rental regulations, ADU potential, and other development opportunities.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 15.0
Garage Description 15.0
Pool None
Community Features Curbs
Total Parking Spaces 15
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5807004015
Energy Description 780.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by KEVIN HURLEY Keller Williams Realty/Pasadena 626-484-1897, DRE #01237798
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