4447 Ocean View Boulevard
Montrose, CA 91020
Listing broker / agent: NAI Capital Commercial Inc. · Tim Steuernol · CRMLS
MLS # 26988503 · Last checked Oct 21, 2026 05:48 UTC
About this property
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.
Property details
- MLS number
- 26988503
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 29 Beds • 20 Baths
- Living area
- 16,369 (area; units unconfirmed)
- Lot size
- 0.7226 acres
- County
- Los Angeles
- Year built
- 1963
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 8
Building
- Year built
- 1963
- Stories
- 2
- Building stories
- 1
- Levels
- Two
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Appliances
- Gas Cooktop, Oven
- Interior features
- Ceiling Fans
- Flooring
- Stone
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- Dining Room, Electric, Gas, Kitchen
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 26
- Parking
- Covered, Detached Carport, On Street
- Attached garage
- No
- Lot size source
- Assessor
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Mountain Avenue Elementary Glendale Unified · La Crescenta | K–6 | 0.6 mi |
| Palm Crest Elementary (school website, opens in a new tab) La Canada Unified · La Canada | Not reported | 0.7 mi |
| La Crescenta Elementary Glendale Unified · La Crescenta | K–6 | 0.8 mi |
| Rosemont Middle Glendale Unified · La Crescenta | 7–8 | 0.8 mi |
| Crescenta Valley High Glendale Unified · La Crescenta | 9–12 | 1.0 mi |
| Monte Vista Elementary Glendale Unified · La Crescenta | K–6 | 1.0 mi |
| John C. Fremont Elementary Glendale Unified · Glendale | K–6 | 1.2 mi |
| La Canada Elementary (school website, opens in a new tab) La Canada Unified · La Canada | Not reported | 1.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $5,750,000
- MLS-reported original asking price
- $5,750,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:54 | $5,750,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Montrose
Active residential homes for sale in Montrose, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
Not enough price-change observations yet. History starts when the upgraded importer records changes; no trend direction is assumed.
Calculated 2026-10-21 06:41 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗