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2400 Fairway Avenue Montrose, CA $ 5,000,000
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2400 Fairway Avenue
$ 5,000,000
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2400 Fairway Avenue

Montrose, CA, 91020
$ 5,000,000
Bedrooms-- Baths1.0 Sq 10,983

Monthly Estimate*

$ 34,534

Listed by KEVIN HURLEY, Keller Williams Realty/Pasadena, khurley@bridgeinvestmentgroup.net
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Multi-Family Home for sale in Montrose, CA

for $5,000,000 with 1 full bath. This 10,983 square foot home was built in 1940 on a lot size of 1.179.

PART OF A PORTFOLIO SALE: Can be purchased separately of together with 2830 Montrose Ave., Glendale(10-Units) and 2201 Mira Vista Ave., Montrose(15-Units) Fairway Village Cottages, is a once in a generation, 16-cottage complex, located in Montrose, CA. Family-Owned and Operated since 1962, these 16 individual, stand alone cottages that are as unique as they are rare to market. Originally built in 1940, completely restored in 1996 to include all new systems. Fairway Village sits on 1.179 Acres and spans from Fairway Avenue to Montrose Ave. There are 11 individual cottages on Fairway Avenue and 5 Individual cottages on Montrose Avenue. All properties sit on one parcel. All but one cottage have central air and heat, garages or carports, and all have washer dryer hookups. Each cottage has its own large private backyard with front and backdoor entrances....See Offering Memorandum for details. PLEASE DO NOT GO ON PROPERTY AND DISTURB TENANTS. DRVE-BY ONLY! Property is located in Unincorporated LA County.

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Multi-Family Active

Price

$ 5,000,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.179

Year Built

1940

Town/City

Montrose

County/Region

Los Angeles

MLS | Web ID

WS26234411

Days on Market

2
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
HOA Fee 0
Garage Spaces 5
Pool Features None
Exclusions plea
Year Built 1940
Property Subtype Apartment
Gross Income 0
Community Features Curbs
County Los Angeles
Net Operating Income 251032
Operating Expense 142307
Insurance Expense 14000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 23600
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Fairway Ave & Rosemont Ave
City Montrose
Entry Location front
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 16
MLS Area 635 - La Crescenta/Glendale Montrose & Annex
Lot Size Units Square Feet
Lot Size Square Feet 51357
Carport Spaces 11
Carport Y/N true
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 744
Fuel Expense 0
Trash Expense 12636
Water Sewer Expense 21800
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 10
Property Sub Type Additional Apartment
Taxes 56393
Cap Rate 5.02
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Interior
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 24
Lot Size Area 51357
Number of Buildings 16
Spa false
Building Area Total 10983
Lot Size Acres 1.179
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 16
Number of Separate Electric Meters 16
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* Excluded Features
List By
KEVIN HURLEY

Listing Agent

Keller Williams Realty/Pasadena

Broker

khurley@bridgeinvestmentgroup.net

Email

Affordability Calculator

$34,534
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Monthly Principal & Interest
$34,534
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/2/2026$5,000,000 Listed Price

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2400 Fairway Avenue, Montrose, CA, 91020 is a Multi-Family Home for sale at $5,000,000 with 10,983 sqft and a lot size of 1.179. 2400 Fairway Avenue has 1.0 baths and was built in 1940. The property's zip code is 91020 which is in Montrose, CA

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