$600,000 PRICE IMPROVEMENT! Offered for sale for the first time in over 40 years since its original construction in 1984, this great investment opportunity features 14 spacious units, each offering 2 bedrooms and 1 bathroom. Situated on nearly 21,000 square feet of land across two lots, the building itself spans 13,263 square feet and is located in the highly desirable Montrose community, adjacent to La Canada. The property has numerous desirable features for each unit, including 2 covered parking spaces, enclosed balconies/patios, wood/gas fireplaces in the living rooms, and separate metering for gas and electricity. Thirteen of the fourteen units are equipped with central air and heating, and each unit has its own water heater. The property also presents significant rental upside potential, complemented by additional income from the on-site laundry facilities. A newer Class 'A' roof was installed in 2015, ensuring durability and reduced maintenance costs. Tenants enjoy the convenience of being within minutes of the historic Montrose Shopping Park, the retail corridor of Foothill Blvd, and easy access to the 210 Freeway. With a Walk Score of 82, the location is considered 'Very Walkable.' This property, located in Unincorporated Los Angeles County, is subject to rent control ordinances. It represents an excellent investment opportunity, ideal for both new investors and those looking for a 1031 exchange upleg. For more details, please inquire within.
Property Details
Property Features
Property Information:
Year Built: 1984
Stories: 2
Living Area: 13,263 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Shant Sherbetdjian
Interior Features
Interior Information:
Fireplace: Living Room
Bedroom and Bathroom Information:
Total Bedroom Count: 28
Exterior Features
Parking Information:
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.48 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Situated on a cul-de-sac, Del Mar Road. Nearest major cross street of Ocean View Blvd and Montrose Ave. Take the 210 Freeway, exit Ocean View Blvd, head towards Montrose Ave, make a RIGHT on Montrose Ave and the next RIGHT on Del Mar Rd until you arrive at 2310 Del Mar Rd on your right side.
Price Information
Listing Price Info
Price Summary:
List Price: $5,000,000
Price Per SqFt: $377/SqFt
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MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24431831
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Shant Sherbetdjian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 7:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
John C. Fremont Elementary School
3320 Las Palmas Ave
Distance between this listing and this school0.76 miles
Public District Grades KG-6
8
/10
Mountain Avenue Elementary School
2307 Mountain Ave
Distance between this listing and this school0.98 miles
Public District Grades KG-6
7
/10
La Crescenta Elementary School
4343 La Crescenta Ave
Distance between this listing and this school0.98 miles
Public District Grades KG-6
Nearby Schools
9
/10
Rosemont Middle School
4725 Rosemont Ave
Distance between this listing and this school1.14 miles
Public District Grades 7-8
7
/10
Woodrow Wilson Middle School
1221 Monterey Rd
Distance between this listing and this school3.83 miles
Public District Grades 6-8
9
/10
Odyssey Charter
725 W Altadena Dr
Distance between this listing and this school3.93 miles
Public Charter Grades KG-8
Nearby Schools
10
/10
Crescenta Valley High School
2900 Comm Ave
Distance between this listing and this school1.20 miles
Public District Grades 9-12
10
/10
Anderson W. Clark Magnet High School
4747 New York Ave
Distance between this listing and this school2.34 miles
Public Magnet Grades 9-12
9
/10
La Canada High School
4463 Oak Grove Dr
Distance between this listing and this school3.08 miles
The neighbors living near this home have an average income of $76,293. The majority of Los Angeles County, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2310 Del Mar Rd
What is the listing price of this property?
The listing price of 2310 Del Mar Rd property is $5,000,000.
What type of property is this?
The property 2310 Del Mar Rd is a house located in Montrose, California, 91020.
Is this property for sale now?
Sale Pending: 2310 Del Mar Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
How many bedrooms and bathrooms does this property have?
The property at 2310 Del Mar Rd has 28 bedrooms and 14 bathrooms.
What is the square footage of this property?
The property 2310 Del Mar Rd is 13,263 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2310 Del Mar Rd is 1984.
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This home is located at 2310 Del Mar Rd in Montrose, CA and zip code 91020 in the The Verdugos neighborhood. This 13,263 square foot home, which was built in 1984, sits on a 0.48 acre lot. Features: 28 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $5,000,000.
Over 1428 listings were sold over their listed price in November 2024 in Los Angeles County, CA. In the same period over 1495 listings were sold below the listed price and 532 listings were sold for the listed price. In November 2024 in Los Angeles County, CA there were 4.7% less homes for sale than in October 2024. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $901,639.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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