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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
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $3,908,500 Zestimate®
    $575/sqft
    $-- HOA

    What's special

    Comfortable living spacesPotential expansionSpacious two-bedroom units
    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.
    69 days
    on Zillow
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    248
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    6
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    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#: GD25122829MLS LogoOriginating MLS: California Regional MLS
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    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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