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4447 Ocean View Boulevard, Montrose, CA 91020

Montrose
Local realty services provided by:CENTURY 21 Allstars
4447 Ocean View Boulevard,Montrose, CA 91020
$5,750,000
  • 29 Beds
  • 20 Baths
  • 16,369 sq. ft.
  • Multi-family
  • Active
Listed by: tim steuernol
Office: nai capital commercial inc.818-905-2400
MLS#:26988503
Source:CRMLS

Price summary

  • Price:$5,750,000
  • Price per sq. ft.:$351.27

About this home

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...

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Home facts

  • Year built:1963
  • Listing ID #:26988503
  • Added:51 day(s) ago
  • Updated:November 06, 2026 at 12:28 PM

Rooms and interior

  • Bedrooms:29
  • Total bathrooms:20
  • Flooring:Stone
  • Kitchen Description:Gas Cooktop, Oven
  • Living area:16,369 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:16,369 sq. ft.
  • Lot area:0.72 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,750,000
  • Price per sq. ft.:$351.27

Features and amenities

  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:26
  • Parking description:Covered, Detached Carport, On Street
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