
Montrose, California 91020
This Spacious Townhouse represents a Strong Value Opportunity, listed at $749,000—positioned well below the $775,393 Fair Market Value by 3%. This valuation gap provides $26,393 in Instant Equity for the buyer. While the property maintains a Fair Condition Rating with 1980s-era finishes, its prime location near Montrose Shopping Park and access to top-tier schools offer significant long-term upside. This is an ideal acquisition for Owner-Occupants seeking to build equity through cosmetic updates or first-time buyers prioritizing a desirable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4136 Ocean View Boulevard Subject | $749,000* List Price | 2 | 3 | 1,400 | $554 | - |
A 2249 Montrose Avenue 7 Sold | $872,000 | 3 | 3 | 1,367 | $638 | 0.1 mi |
B 2345 Montrose Avenue 2 Active | $799,900 List Price | 3 | 3 | 1,506 | $531 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 and largely in original condition. The kitchen features dated tile countertops, fluorescent light boxes, and older cabinetry. Bathrooms show 1980s-era wallpaper and fixtures. While the unit is well-maintained and functional, the age of the finishes (>40 years) and presence of popcorn ceilings indicate a need for cosmetic updates and modernization.
The property is ideally situated near the popular Montrose Shopping Park and within a highly-rated school district, offering significant lifestyle appeal and strong resale value.
With 1,400 square feet of living space, this townhome features a generous floor plan including 2.5 bathrooms, in-unit laundry, and abundant storage, providing more utility than standard two-bedroom units.
The $350 monthly association fee is relatively low for the area and includes essential services such as water, trash, and insurance, ensuring predictable and manageable carrying costs.
Built in 1980, the interior may require cosmetic updates to the kitchen and bathrooms to align with contemporary design trends and maximize the home's full market potential.
As a townhouse with a neighborhood-only view, the property lacks the expansive private yard or scenic vistas often prioritized by buyers looking in the La Crescenta/Glendale foothills.
Welcome to this charming and well-maintained townhome located in the highly desirable community of Montrose. Offering approximately 1,400 SqFt of comfortable living space, this 2-bedroom, 2.5-bath residence features a warm and inviting layout filled with natural light. The spacious living room showcases beautiful wood flooring and a cozy fireplace, creating the perfect setting for relaxing or entertaining. The bright kitchen offers ample cabinetry and workspace, while the adjoining dining area provides a seamless flow for everyday living. Additional highlights include an in-unit laundry room, abundant storage, and two community parking spaces. Enjoy the convenience of HOA amenities that include water, insurance, and trash. Ideally situated near Montrose Shopping Park, dining, parks, and local amenities, this townhome presents a wonderful opportunity to own in one of the area's most sought-after neighborhoods and great Montrose Schools!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,400 | 1,400 | 50% |
| Lot Size | 15,495 | 15,495 | 50% |
| Price | $749.0K | $835.0K | 33% |
| Price per sq ft | $535 | $592 | 33% |
| Built year | 1980 | 1981 | 33% |
| HOA | $350.0 | $330 | 67% |
| Days on market | 25 | 151 | 33% |
May 12, 2026
$749,000
Initial Listing