$1,695,000
Discover an exceptional mixed-use investment opportunity in the exclusive Montrose area of Glendale. Located at 3521 Ocean View Blvd, this unique property offers the perfect blend of residential and commercial spaces in a highly desirable neighborhood with strong tenant demand. The property features two residential units and two commercial/retail units, all VACANT. The residential units include a 1-bedroom, 1-bathroom unit above back garage and a 1,500 sf od 2-bedroom, 1-bathroom unit, (that with approval of the city might dived to two one bedroom unit for higher income). On the commercial side, the property offers a retail office space with its own bathroom and a retail business space with a bathroom, both enjoying excellent visibility and accessibility along bustling Ocean View Blvd. With its prime Montrose location, this property sits in the heart of one of Glendale’s most sought-after communities, surrounded by vibrant shops, dining, and amenities. The area’s reputation for walkability and charm makes it attractive to both residents and business operators alike. This is more than just a fully occupied property it’s a value-add opportunity with upside potential for investors seeking to enhance income through modernization, repositioning, or future rent adjustments. Rarely do properties offering both stability and growth potential in Montrose come to market. Priced right and ready to sell, 3521 Ocean View Blvd represents a turnkey opportunity for savvy investors looking for a mixed-use property in a premier location where demand remains high. Whether you’re building your portfolio or seeking a steady, income-producing asset with long-term appreciation potential, this property checks all the boxes. Don’t miss your chance to own a rare mixed-use gem in one of Glendale’s most exclusive neighborhoods.
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Listed by Arthur Mangassarian with Re/Max Tri-City Realty (818) 409-0040
Property Type
Mixed Use
Status
Active
MLS Number
GD26078236
Year Built
1952
Lot Size
2,849 sq ft