4642 Canoga Street D, Montclair, California 91763, Montclair, 91763 - bed, bath

4642 Canoga Street D, Montclair, California 91763 home-pic-0
ACTIVE$1,200,000
4642 Canoga Street D, Montclair, California 91763
0Bed
0Bath
4,706Sqft
7,257Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Centrally located in Montclair with excellent access to the 60 and 10 freeways, providing convenient commuter access.
Top Cons:
Age of Property: Built in 1964, the property may require updates or renovations to meet modern standards and tenant expectations.

Compared to the nearby listings

Price:$1.20M vs avg $1.16M (+$35,500)50%
Size:4,706 sqft vs avg 4,350 sqft50%
Price/sqft:$255 vs avg $26950%

More Insights

Built in 1964 (61 years old).
Condition: The property was built in 1964. The images show the exterior of the building. The building appears to be aged and requires some updates. The landscaping needs work. Given the age and the limited information, a 'fair' condition score is appropriate.
Year Built
1964
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$255
HOA
-
Days on market
-
Sold On
-
MLS number
WS25166388
Home ConditionFair
Features
View-

About this home

This is a great opportunity to own a quadruplex in the prime location of Montclair. Centrally located between the 60 and 10 freeways, this property offers excellent commuter access and is just minutes from shopping, dining, schools, and public transportation. This is a great location for tenants and renters due to its convenience. This unique property features a standalone front unit offering 3 bedrooms and 2 bathrooms, perfect for an owner-occupant or expanded rental income. Rare find to be able to live in the spacious front unit while renting out the three additional units in the rear. The rear units are tenant-occupied with long-term renters who consistently pay rent on time, providing reliable income from day one. Property has separate electric and gas meter and each unit has their own garage located in the rear of the property. There's an alleyway in the back to enter the garage. This is a rare chance to secure a well-located, low-maintenance multi-family asset in one of Montclair’s most desirable neighborhoods. Live in one unit or lease all four—either way, it's a great investment! Please do not disturb the tenants and do not enter the property. Drive by only and is subject to interior inspection.

Condition Rating
Fair

The property was built in 1964. The images show the exterior of the building. The building appears to be aged and requires some updates. The landscaping needs work. Given the age and the limited information, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Prime Location: Centrally located in Montclair with excellent access to the 60 and 10 freeways, providing convenient commuter access.
Income Potential: Features a quadruplex configuration with existing long-term tenants providing reliable income from day one.
Owner-Occupant Opportunity: The standalone front unit with 3 bedrooms and 2 bathrooms is ideal for an owner-occupant, allowing for living in one unit while renting out the others.
Separate Utilities: Property has separate electric and gas meters for each unit, simplifying utility management and tenant billing.
Garage Parking: Each unit has its own garage located in the rear of the property, providing secure and convenient parking for tenants.

Cons

Age of Property: Built in 1964, the property may require updates or renovations to meet modern standards and tenant expectations.
Tenant Occupied - Limited Access: Interior inspection is subject to offer acceptance, limiting initial due diligence and potentially delaying the decision-making process.
Drive-by Only: Limited initial access to the property as drive-by only, which may deter some buyers who prefer a thorough inspection before making an offer.

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