4447 Ocean View Blvd, Montrose, CA 91020
4447 Ocean View Blvd, Montrose, CA 91020
4447 Ocean View Blvd, Montrose, CA 91020
4447 Ocean View Blvd, Montrose, CA 91020
4447 Ocean View Blvd, Montrose, CA 91020
4447 Ocean View Blvd, Montrose, CA 91020
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Marvin Zayas

Marvin Zayas

+1(310) 413-7683
$ 5,750,000
Est. payment | /mo

29 Beds

20 Baths

16,369 SqFt

Save
$ 5,750,000
Est. payment | /mo
Save

29 Beds

20 Baths

16,369 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,369 sqft

Price per Sqft $351

MLS Listing ID 26988503

Bedrooms 29

Year Built 1963

Lot Size 0.723 Acres

Acres 0.72

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area La Crescenta/Glendale/Montrose/Sparr Heights

Zoning LCR3YY

Rooms

Other Rooms None

Kitchen Open to Family Room

Interior

Heating Wall

Cooling Wall/Window

Flooring Wood Laminate, Stone

Fireplaces Type Gas, Kitchen, Electric, Dining

Equipment Ceiling Fan

Laundry Community

Exterior

Parking Features Carport Detached, Covered Parking, On street

Garage Spaces 26.0

Building

Story 1

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by NAI Capital Commercial Inc.

Nearby Locations

Marvin Zayas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 413-7683

youragentmarvin@gmail.com

Los Angeles, CA, USA

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4447 Ocean View Blvd