2434 Prospect, Montrose, California 91020, Montrose, 91020 - 4 bed, 4 bath

2434 Prospect, Montrose, California 91020 home-pic-0

2434 Prospect

Montrose, California 91020

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,408Sq Ft
5,053Lot Size

Property Price

LIST PRICE$1,820,000
EST. MARKET VALUE
$1,822,889

SUMMARY

Analysis of 2434 Prospect, Montrose, California 91020 reveals a Fairly Priced Property with a current list price of $1,820,000  aligned with the estimated $1,822,889 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Montrose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,822,889
Based on Realkey algorithm analyzing recent comparable sales in Montrose.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2434 Prospect
Subject
$1,820,000*
List Price
442,408$757-
A
2512 Prospect Avenue
Sold
$1,730,000432,348$7370.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property was completely rebuilt from the ground up in 2022, featuring modern architectural design and high-end finishes. It includes a European-style kitchen with premium LG appliances, engineered wood flooring, and advanced mechanical systems such as a Bosch heat pump and Korean-style floor heating (Ondol), meeting all criteria for a newly renovated, high-quality home.

PROSSTRENGTHS & OPPORTUNITIES

  • Comprehensive 2022 Rebuild

    Completely rebuilt from the ground up in 2022, this architect-designed contemporary home features high-end finishes, energy-efficient systems like a Bosch heat pump, and unique Korean-style floor heating (Ondol).

  • Prime Montrose Location

    Situated in a highly desirable neighborhood just moments from charming local shops and dining, offering excellent walkability and a vibrant community atmosphere in the heart of Montrose.

  • Versatile Living Spaces

    The 2,408 SF layout includes three upstairs en-suite bedrooms and a flexible downstairs guest suite/office, complemented by rare parking for up to five vehicles and an EV-ready garage.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2408, other record living area = 564. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.

  • Limited Lot Size

    With a lot size of approximately 5,053 SF, the outdoor space is relatively compact, which may limit options for those seeking a large private yard or extensive garden space.

  • Urban Proximity

    Its central location near popular commercial districts may result in increased neighborhood activity and noise levels compared to more secluded residential pockets further from the town center.

About 2434 Prospect

In the heart of Montrose—just moments from charming shops and dining—this architect-designed contemporary home was completely rebuilt from the ground up in 2022 with permits, including all-new framing and a brand-new second story, expanding the home to over 2,408 SF. Natural light fills the open-concept main level with tile flooring, a European-style kitchen featuring a large island, 36" LG cooktop, oven, microwave, and dual pantries (one convertible to a wine rack), and a spacious living area with a modern fireplace and Art wall for TV or Painting. A flexible downstairs room with adjacent bath, works well as an office or guest space. A striking vertical stair window captures mountain views by day and city lights by night, and the flat roof allows for a potential rooftop terrace. Upstairs offers engineered wood floors, a laundry room with backyard views, and three en-suite bedrooms, including a primary suite with mountain views, a spa-like bath, and a large walk-in closet. Features include a Electric vehicle outlet in the attached garage, Bosch heat pump, Korean style floor heating (Ondol) powered by a Navien tankless system, low-maintenance rain gardens, a Trex front deck, and a private backyard with mature landscaping. Parking accommodates up to five cars with a two-car garage, driveway space, and gated side-yard parking. A rare opportunity in one of Montrose’s most desirable neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1942
Lot Size
5,053 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
80%
Baths4.01.5
90%
Square foot2,4081,172
90%
Lot Size5,0535,209
30%
Price$1.82M$1.14M
90%
Price per sq ft$756$911
30%
Built year19421941
50%
HOA$0$0
50%
Days on market17135
10%

Pricing History

Listed for Sale

Feb 17, 2026

$1,820,000

Initial Listing

Sold

Dec 17, 2018

$500,000

Public Record

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