Excellent Investment Opportunity in Prime La Crescenta Location. Unlock the potential of this rare 10-unit multifamily property situated in the desirable community of La Crescenta. The property consists of a total of 10 units: 2 spacious two-bedroom units, 6 one-bedroom units, and 2 singles. Each unit is well-proportioned, offering comfortable living spaces that tenants will appreciate. Sitting on a generous 15,879 sq ft lot, the property features a total building size of 6,898 sq ft, with plenty of room for potential expansion. Rents are currently below market, offering significant upside for investors seeking long-term growth and increased cash flow. An added value opportunity exists with the possibility of adding an ADU (Accessory Dwelling Unit), further enhancing the income potential of this asset. Buyer to investigate the possibility. Located in a high-demand rental area with strong tenant appeal, this property is perfect for investors looking to reposition and maximize returns. Don’t miss this chance to acquire a solid income property with tremendous future upside in one of La Crescenta’s most attractive neighborhoods.
For sale
Listing Provided by:
Pakrad Markarian DRE #00952259 818-207-9999,
Remax Optima
Price cut: $6K (7/23)
$3,969,000
2535 Cross St #2543, La Crescenta, CA 91214
10beds
10baths
6,898sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$3,908,500 Zestimate®
$575/sqft
$-- HOA
What's special
Comfortable living spacesPotential expansionSpacious two-bedroom units
- 69 days
- on Zillow |
- 248 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 12:22pm
Listing Provided by:
Pakrad Markarian DRE #00952259 818-207-9999,
Remax Optima
Source: CRMLS,MLS#: GD25122829
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- Wall Furnace
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Laundry Room, See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,898
- Total interior livable area: 6,898 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Levels: Multi/Split
- Entry location: fd
- Pool features: None
Lot
- Size: 0.36 Acres
- Features: 0-1 Unit/Acre
Details
- Additional parcels included: 5804003016
- Parcel number: 5804003017
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Gutter(s)
Location
- Region: La Crescenta
Financial & listing details
- Price per square foot: $575/sqft
- Date on market: 6/2/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Total actual rent: 18030
- Tenant pays: Electricity, Gas
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