2201 Mira Vista Avenue
Montrose, CA, 91020 $ 4,400,000
Bedrooms-- Baths1.0 Sq 14,194 Monthly Estimate*
$ 30,390
Listed by KEVIN HURLEY, Keller Williams Realty/Pasadena, khurley@bridgeinvestmentgroup.net
for $4,400,000 with 1 full bath. This 14,194 square foot home was built in 1948 on a lot size of 0.5558.
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.
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FeaturesGeneralSewer Public Sewer
Heating Wall Furnace
HOA Fee 0
Garage Spaces 15
Pool Features None
Year Built 1948
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 1140
Community Features Curbs
County Los Angeles
Net Operating Income 229905
Operating Expense 129072
Insurance Expense 15000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 22205
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Mira Vista Ave & Montrose Ave
City Montrose
Entry Location front
Senior Community Y/N false
Number Of Units Total 15
MLS Area 635 - La Crescenta/Glendale Montrose & Annex
Lot Size Units Square Feet
Lot Size Square Feet 24211
Number of Units Leased 15
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 780
Fuel Expense 780
Trash Expense 9456
Water Sewer Expense 20844
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 264
Total Actual Rent 30690
Property Sub Type Additional Apartment
Taxes 49625
Cap Rate 5.23
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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ExteriorLot Features Street Level
Water Source Public
Total Parking 15
Lot Size Area 24211
Number of Buildings 3
Spa false
Building Area Total 14194
Lot Size Acres 0.5558
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 15
Number of Separate Electric Meters 15
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* Excluded FeaturesList ByKEVIN HURLEYListing Agent
Keller Williams Realty/PasadenaBroker
khurley@bridgeinvestmentgroup.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $30,390
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Montrose, CA
Average List Price $3,331,778
Percent of Sale Price 24%
About Montrose, CA 9,000 Population
13% Since 2002
$ 74,560 Median Income
41.87 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $4,400,000 | | Listed Price |