2345 Montrose Avenue 2, Montrose, California 91020, Montrose, 91020 - 3 bed, 3 bath
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Montrose, California 91020
This 3-bedroom townhome presents a Strong Value Opportunity with a List Price of $799,900—positioned well below the $858,733 Fair Market Value by 6%. This valuation gap offers $58,833 in Instant Equity for the buyer. While the property maintains a Condition Rating of 4, suggesting a need for cosmetic updates, its open floor plan, private patio, and direct-access garage provide a solid foundation. Located in the Glendale Unified School District, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2345 Montrose Avenue 2 Subject | $799,900* List Price | 3 | 3 | 1,506 | $570 | - |
A 2249 Montrose Avenue 7 Sold | $872,000 | 3 | 3 | 1,367 | $638 | 0.2 mi |
B 4136 Ocean View Boulevard Active | $749,000 List Price | 2 | 3 | 1,400 | $535 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 27-year-old property is in mostly original condition. The kitchen features dated white tile countertops and older appliances, and the 'as-is' sale status combined with the age of the systems suggests a need for cosmetic updates and minor repairs to meet modern standards.
Situated in the heart of Montrose, the property offers excellent walkability to local dining and shopping, easy 210 Freeway access, and placement within the prestigious Glendale Unified School District.
The 1,506 sqft floor plan features a spacious primary suite, direct-access two-car garage, and an extra-large storage area, providing a level of convenience often missing in townhome living.
Priced competitively at $799,900, this 3-bedroom unit represents a significant value opportunity for the area, appealing to both first-time buyers and savvy investors.
The listing explicitly states the property is sold in as-is condition, which may necessitate additional upfront investment for repairs or modernization by the new owner.
A monthly HOA fee of $500 adds a substantial recurring cost to the property's carrying expenses, which may be a deterrent for budget-conscious buyers.
Price to Sell! Beautiful 3-bedroom, 2.5-bath townhome located in the heart of the highly sought-after Montrose community. This bright and airy home features an open floor plan with gorgeous hardwood flooring, recessed lighting, double-pane windows, mini blinds, and a cozy living room with fireplace. The formal dining area opens to a private patio, perfect for relaxing or entertaining. The oversized kitchen offers a full backsplash, abundant cabinetry, and plenty of counter space. The spacious primary suite features a large en-suite bathroom with a whirlpool bathtub and separate shower stall. Attached side-by-side 2-car garage with direct access and an extra-large storage area adds convenience and functionality. Ideally located near renowned Montrose restaurants, shopping, entertainment, and easy access to the 210 Freeway. Enjoy the highly desirable school district as well. This Montrose gem offers tremendous potential at an exceptional value. Sold in as-is condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,506 | 1,411 | 67% |
| Lot Size | 17,006 | 17,006 | 50% |
| Price | $799.9K | $835.0K | 33% |
| Price per sq ft | $531 | $592 | 33% |
| Built year | 1999 | 1982 | 67% |
| HOA | $500.0 | $330 | 67% |
| Days on market | 28 | 151 | 33% |
May 9, 2026
$799,900
Initial Listing
Dec 15, 2004
$498,000
Public Record
Dec 28, 1999
$235,000
Public Record