CA > La Crescenta
La Crescenta, CA 91214,2535 2543 CROSS ST
La Crescenta, CA 91214,2535 2543 CROSS ST
La Crescenta, CA 91214,2535 2543 CROSS ST
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$4,395,000
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0.36 Acres Lot
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2535 2543 CROSS ST La Crescenta, CA 91214

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25122829

HOA Y/N No

Year Built 1950

Lot Size 0.364 Acres

Property Sub-Type Apartment

Property Description

Excellent Investment Opportunity in Prime La Crescenta Location. Unlock the potential of this rare 10-unit multifamily property situated in the desirable community of La Crescenta. The property consists of a total of 10 units: 2 spacious two-bedroom units, 6 one-bedroom units, and 2 singles. Each unit is well-proportioned, offering comfortable living spaces that tenants will appreciate. Sitting on a generous 15,879 sq ft lot, the property features a total building size of 6,898 sq ft, with plenty of room for potential expansion. Rents are currently below market, offering significant upside for investors seeking long-term growth and increased cash flow. An added value opportunity exists with the possibility of adding an ADU (Accessory Dwelling Unit), further enhancing the income potential of this asset. Buyer to investigate the possibility. Located in a high-demand rental area with strong tenant appeal, this property is perfect for investors looking to reposition and maximize returns. Don't miss this chance to acquire a solid income property with tremendous future upside in one of La Crescenta's most attractive neighborhoods.

Location

State CA

County Los Angeles

Area 635 - La Crescenta/Glendale Montrose & Annex

Interior

Heating Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Laundry Room, See Remarks

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Gutter(s)

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5804003017

Energy Description 240.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Pakrad Markarian • Remax Optima • 818-207-9999

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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