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2310 Del Mar Rd, Montrose, CA, 91020

$5,000,000

28 Bedrooms
14 Baths
13,263 SqFt
$377/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingCovered
Year Built1984
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
MLS #24431831
Lot Size0.48 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2310 Del Mar Rd

$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

IDX 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: 11/17/2024, 10:21:08 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.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

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.

Nearby Schools

school-card-donut-375371
8
/10
  • John C. Fremont Elementary School

  • 3320 Las Palmas Ave

  • 0.76 miles

  • Public District Grades KG-6

school-card-donut-375372
8
/10
  • Mountain Avenue Elementary School

  • 2307 Mountain Ave

  • 0.98 miles

  • Public District Grades KG-6

school-card-donut-375373
7
/10
  • La Crescenta Elementary School

  • 4343 La Crescenta Ave

  • 0.98 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,293. The most common annual income of people living in Los Angeles County, CA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

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?

Accepting Backup Offers: 2310 Del Mar Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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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Rocket HomesCaliforniaLos Angeles CountyMontrose910202310 Del Mar Rd

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.

In October 2024, from all listings sold in Los Angeles County, CA there were more than 1713 sold above asking price, over 1711 sold below and more than 559 were sold right at the asked price. The inventory of homes for sale in Los Angeles County, CA between September 2024 and October 2024 increased by 6.7%. Listings spent 35 days on the market in October 2024, and had a median list price of $900,722 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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