4447 Ocean View Blvd | Image 1
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$5,750,000

For Sale

23 days ago

4447 Ocean View Blvd, Montrose, CA

House

MLS® 26988503

29 Bed

20 Bath

16369 sqft

26 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential Income
Size 16369 sqft
Garage 
Taxes 
Days Active 23
Lot Size 0.7226 Acres
Approx. Age 1963
Avg. Price Per Sqft $351
MLS® Number 26988503

Property Address: 4447 Ocean View Blvd, Montrose, CA, 91020-1274

Average square foot calculated using Size range provided by listing agent.

Description

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 excellent accessibility to Montrose Shopping Park, the 210 and 2 freeways, and the broader Glendale La Canada employment basin. The immediate neighborhood is characterized by clean streets, mature landscaping, and a mix of single family homes and low density multifamily buildings an environment that consistently attracts long term tenants and supports premium rent levels. With its combination of scale, location, operational stability, and clear value add potential, 4447 Ocean View Boulevard represents a compelling opportunity for investors seeking durable cash flow and long term appreciation in one of Los Angeles' most coveted suburban communities. The property has two lots, APN# 5810-009-033 & 5810-009-031.
MLS® Number26988503
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1963
Basement
DrivewayCovered, Detached Carport, On Street
Garage Spaces
HeatWall Furnace
A/CWall Window Units

Extras

Rooms

Kitchen:Not available
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 15, 2026List Date
$5,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
4447 Ocean View Blvd, Montrose, CA

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