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For sale
  • $5,750,000

    4447 Ocean View Blvd, Montrose, CA 91020

    29beds
    20baths
    16,369sqft
    : 
    $39,863/mo
    Get pre-qualified
    Multi Family
    Built in 1963
    -- sqft lot
    $807,300 Zestimate®
    $351/sqft
    $-- HOA

    What's special

    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.
    4 days
    111
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Steuernol DRE # 01742766 310-406-9110,

    NAI Capital Commercial Inc. 818-905-2400

    Source: CLAW,MLS#: 26988503MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 29
      • Bathrooms: 20
      Bathroom
      • Features: Tile, Shower and Tub
      Kitchen
      • Features: Open to Family Room
      Heating
      • Wall
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Cooktop, Oven
      • Laundry: Common Area
      Features
      • Ceiling Fan(s)
      • Flooring: Wood Laminate, Stone
      • Has fireplace: Yes
      • Fireplace features: Gas, Kitchen, Electric, Dining Room
      Interior area
      • Total structure area: 16,369
      • Total interior livable area: 16,369 sqft

      Property

      Parking
      • Total spaces: 26
      • Parking features: Detached Carport, Covered, On Street
      • Has carport: Yes
      • Covered spaces: 20
      • Uncovered spaces: 6
      Features
      • Levels: Two
      • Stories: 1
      Lot
      • Size: 0.72 Acres
      Details
      • Additional structures: None
      • Parcel number: 5810009033
      • Zoning: LCR3YY
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1963

      Community & HOA

      Location
      • Region: Montrose

      Financial & listing details

      • Price per square foot: $351/sqft
      • Tax assessed value: $2,919,249
      • Date on market: 9/15/2026
      • Tenant pays: Gas, Electricity

        Estimated market value

        $807,300

        $678,000 - $969,000

        $2,328/mo

        Price history

        DateEventPrice
        9/15/2026Listed for sale$5,750,000$351/sqft
        Source: CLAW #26988503 Report a problem
        5/11/2026Listing removed$2,000
        Source: Zillow Rentals Report a problem
        4/29/2026Listed for rent$2,000
        Source: Zillow Rentals Report a problem
        1/26/2026Listing removed$2,000
        Source: Zillow Rentals Report a problem
        12/15/2025Listed for rent$2,000
        Source: Zillow Rentals Report a problem
        10/20/2025Listing removed$2,000
        Source: Zillow Rentals Report a problem
        9/29/2025Price change$2,000-4.8%
        Source: Zillow Rentals Report a problem
        8/12/2025Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        7/30/2025Listing removed$2,100
        Source: Zillow Rentals Report a problem
        7/9/2025Listed for rent$2,100+7.7%
        Source: Zillow Rentals Report a problem
        12/20/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/29/2023Listed for rent$1,950-1.3%
        Source: Zillow Rentals Report a problem
        10/12/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/10/2023Listed for rent$1,975-1.3%
        Source: Zillow Rentals Report a problem
        6/9/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/7/2023Listed for rent$2,000+8.1%
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/29/2020Listing removed$1,850
        Source: Owner Report a problem
        5/12/2020Price change$1,850-5.1%
        Source: Owner Report a problem
        4/28/2020Listed for rent$1,950
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 91020

        Getting around

        73 / 100
        Very Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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