Active

4447 Ocean View Boulevard

Montrose, CA 91020

$5,750,000 $24,242/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

16,369

Sqft

31,478

Sqft(Lot)

Description

4447 Ocean View Boulevard is a well maintained 20 unit multifamily asset located in the highly desirable Montrose submarket of Los Angeles. Built in 1963 and situated on a generous 31,478 SF lot, the property offers an attractive blend of stability, scale, and rental upside in one of the most supply constrained pockets of the Crescenta Valley. The building totals 16,369 square feet and provides 26 on site parking spaces, a rare amenity for the area. The unit mix(11) one bedroom/one bath units and (9) two bedroom/one bath units caters to the strong demand from local renters seeking quality housing near top rated schools, walkable retail, and major employment corridors. Current rents remain meaningfully below market, with the rent roll showing an achievable 20% rental upside based on the pro forma schedule included in the financials demonstrating a clear value add pathway supported by comparable market rents. Positioned along the Ocean View Boulevard corridor, the property benefits from excellent accessibility to Montrose Shopping Park, the 210 and 2 freeways, and the broader Glendale La Canada employment basin. The immediate neighborhood is characterized by clean streets, mature landscaping, and a mix of single family homes and low density multifamily buildings an environment that consistently attracts long term tenants and supports premium rent levels. With its combination of scale, location, operational stability, and clear value add potential, 4447 Ocean View Boulevard represents a compelling opportunity for investors seeking durable cash flow and long term appreciation in one of Los Angeles' most coveted suburban communities. The property has two lots, APN# 5810-009-033 & 5810-009-031.

Property Details

Property Type : ResidentialIncome

Price : $5,750,000

AD Id : 91264061

MLS Id : 26988503

Beds : 29

Lot Size : 31,478 Sq. Ft

Living Area Size : 16,369 Sq. Ft

Year Built : 1963

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 29

Bathroom Information

Total Baths: 20

Flooring Information

Stone
Interior Features

CeilingFans

Appliances: GasCooktop, Oven

Laundry Features: CommonArea
Heating & Cooling

Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

Building Information

Year Built: 1963

Building Area Total: 16369

Stories: 2

Private Pool: No

Lot Information

Main Square Feet: 31478 Lot Size Acres: 0.7226 Lot Size Source: Assessor Lot Size Square Feet: 31,478

Listing Price Information

Listing Price: $5750000

Tax Information

Parcel Number: 5810009033

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 26 Covered, DetachedCarport, OnStreet

Location Information

Direction: Foothill Blvd south on Ocean View Blvd to Park Ave

Sell a home like this and save $344,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4117 Ocean View Boulevard, Montrose, CA, 91020	$965,000	3	2	--	2,714 Sq. Ft
4326 Briggs Avenue, Montrose, CA, 91020	$1,195,000	3	1	1,112	9,850 Sq. Ft
2389 Mayfield, Montrose, CA, 91020	$999,999	3	2	1,996	6,250 Sq. Ft
2534 Mary Street, Montrose, CA, 91020	$1,105,000	3	2	1,236	5,138 Sq. Ft
4116 Briggs Avenue, Montrose, CA, 91020	$949,000	3	3	1,322	4,809 Sq. Ft
3910 Sunset Avenue, Montrose, CA, 91020	$949,000	2	2	882	5,996 Sq. Ft
2520 Montrose Avenue, Montrose, CA, 91020	$2,595,000	--	--	5,502	10,303 Sq. Ft

Similar Homes To 4447 Ocean View Boulevard

Nearby For Sale

Active

$2,595,000

Home For Sale

2520 Montrose Avenue,
Montrose, CA, 91020

Sqft

Sqft(Lot)

4116 Briggs Avenue,
Montrose, CA, 91020

Bed

Bath

Sqft

Sqft(Lot)

4117 Ocean View Boulevard,
Montrose, CA, 91020

Bed

Bath

2,714

Sqft(Lot)

$949,000

Home For Sale

3910 Sunset Avenue,
Montrose, CA, 91020

Bed

Bath

Sqft

Sqft(Lot)

2389 Mayfield,
Montrose, CA, 91020

Bed

Bath

1,996

Sqft

6,250

Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/25/2026 @ 22:19

MLS: 26988503 LISTED BY: Tim Steuernol, NAI Capital Commercial Inc. 818-905-2400 SOURCE: CRMLS