2535 2543 CROSS ST new Save Request In-Person Tour Request Virtual Tour
La Crescenta,CA 91214
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25122829
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)
Laundry Common Area,Laundry Room,See Remarks
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Gutter(s)
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard