4439 Ocean View Boulevard
Montrose, CA 91020
26
Bed
0
Bath
16,338Sqft
19,700Sqft(Lot)
Mid-sized multifamily properties rarely become available within the coveted La Crescenta-Montrose-La Canada corridor, with only six other properties with 20+ units having sold over the past 20 years. Nestled between the Verdugo Mountains and the San Gabriel Mountains, these small cities span nearly the entirety of developable land in the area, limiting the potential for construction of new, competing apartment properties. This, in turn, benefits the owners of existing multifamily properties, who enjoy higher rental demand as a result of these supply constraints. Attractively priced at a 5.27% CAP Rate while similar properties sold in the immediate area have averaged a 4.07% CAP Rate over the past year, the property provides immediate cash flow with an opportunity to further improve cash fl
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 26Bathroom Information
Total Baths: 20 Full Baths: 0 Half Baths: 0
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Building Information
Year Built: 1962 Building Area Total: 16,338
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4522 -
Lot Size Source: Assessor Lot Size Square Feet: 19700
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Listing Price Information
Original List Price: 5,900,000 Listing Contract Date: 2026-04-29 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5810009034
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Other Property Info
Source Listing Status: Active Source Neighborhood: 635 - La Crescenta/Glendale Montrose & Annex Directions: We are pleased to announce the opportunity to purchase 4439 Ocean View Boulevard, a 20-unit multifamily property located in Montrose, CA, an unincorporated city in Los Angeles, CA. Zoning: LCR3YY Source Property Type: Residential Income Area: 635 - La Crescenta/Glendale Montrose & Annex -
Building and Construction
Property Age: 64 Year Built Source: Vendor Enhanced Total Square Feet Living: 16338 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2434 Prospect, Montrose, CA, 91020 | $1,750,000 | 4 | 3 | 2,408 | 2,408 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 01:33
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