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  • 4447 Ocean View Boulevard

4447 Ocean View Boulevard, Montrose, CA 91020

$5,750,000 Approx. USD 29 beds, 20 baths
16,369 sqft
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Tim Steuernol | tsteuernol@naicapital.com
Lic#: 01742766
Broker: Courtesy of NAI Capital Commercial Inc.
Phone: 310-406-9110

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26988503
Price: $5,750,000
Beds: 29
Baths: 20
Dining Room,Electric,Gas,Kitchen fireplaces
Built in 1963
16,369 sqft
2 stories
0.72 acres
Lot size: 0.7226
County: Los Angeles
Zoning: LCR3YY
Interior features: Ceiling Fan(s)
Appliances: Gas Cooktop,Oven
Parking description: Covered,Detached Carport,On Street
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 635 - La Crescenta/Glendale Montrose & Annex

Last Updated: 9/23/2026

 Days On Market (DOM): 16

 Find more Montrose homes and real estate

 Find more homes in 91020 zip code

This listing belongs to the 635 - La Crescenta/Glendale Montrose and Annex MLS area

Lat/Long: 34.216596, -118.228334.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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