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Meridian Real Estate & Investments
2400 Fairway Avenue, Montrose, CA 91020
- $5,000,000
- List Price
- $5,000,000
- Status
- ACTIVE
- MLS#
- WS26234411
- Year Built
- 1940
- Lot Size
- 51,357
- Acres
- 1.18
- Lot Location
- Street Level
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
PART OF A PORTFOLIO SALE: Can be purchased separately of together with 2830 Montrose Ave., Glendale(10-Units) and 2201 Mira Vista Ave., Montrose(15-Units) Fairway Village Cottages, is a once in a generation, 16-cottage complex, located in Montrose, CA. Family-Owned and Operated since 1962, these 16 individual, stand alone cottages that are as unique as they are rare to market. Originally built in 1940, completely restored in 1996 to include all new systems. Fairway Village sits on 1.179 Acres and spans from Fairway Avenue to Montrose Ave. There are 11 individual cottages on Fairway Avenue and 5 Individual cottages on Montrose Avenue. All properties sit on one parcel. All but one cottage have central air and heat, garages or carports, and all have washer dryer hookups. Each cottage has its own large private backyard with front and backdoor entrances....See Offering Memorandum for details. PLEASE DO NOT GO ON PROPERTY AND DISTURB TENANTS. DRVE-BY ONLY! Property is located in Unincorporated LA County.
Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $405,504
- Operating Expense
- 142307
Listing courtesy of Listing Agent: KEVIN HURLEY (khurley@bridgeinvestmentgroup.net) from Listing Office: Keller Williams Realty/Pasadena.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.