4117 Ocean View Boulevard, Montrose, California 91020, Montrose, 91020 - bed, bath

4117 Ocean View Boulevard, Montrose, California 91020 home-pic-0
ACTIVE$950,000
4117 Ocean View Boulevard, Montrose, California 91020
0Bed
0Bath
1,722Sqft
2,714Lot
Year Built
1947
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$552
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22039
Home ConditionGood
Features
Excellent View:
Deck
View

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(33th), sqft - 1722(33th), beds - undefined(50th), baths - undefined(50th).

The Ugly Duckling With a Surprise Inside.Let's be honest, it's not the prettiest building on the block. But don't judge too quickly, because once you step inside you'll realize this is a genuine sleeper opportunity. A simple facelift on the facade would transform everything, and the location alone makes this property a standout.The downstairs unit features a spacious living room with a fireplace, hardwood floors, and a large, updated kitchen with ample cabinets and in-unit laundry facilities. There's a full bath, a good-sized bedroom, and a second bedroom that works perfectly as an office. Neat, clean, and ready to go.The upstairs unit will surprise you even more: vaulted ceilings in the living room, a cozy fireplace, and a balcony with views stretching all the way to Downtown Los Angeles. A large kitchen, a spacious bedroom, and a full bathroom complete the space. Additionally, the upstairs tenant has exclusive use of the two-car garage, which is currently converted into a home gym with laundry facilities, and enjoys two additional parking spaces in front.With rents increasing on October 1, minimal upkeep thanks to the smaller lot, and a location that is hard to beat, just two blocks from Montrose Shopping Park, steps to bus transportation, and mere moments to the 210 freeway, you'll quickly see why this is a hidden gem.This is a sleeper opportunity. Please don't dismiss it from the curb, come inside, and see what's waiting.

Price History

Date
Event
Price
05/01/25
Listing
$950,000
Condition Rating
Good

Built in 1947, this property has clearly undergone significant renovations. The exterior, as depicted in the image, showcases a very modern and clean facade with a new garage door and contemporary balcony railing, suggesting a recent and extensive facelift. The listing description confirms an 'updated kitchen' downstairs with hardwood floors, and describes the units as 'neat, clean, and ready to go.' While the exterior appears excellent and the kitchen is updated, without full interior photos or details on the age of all major systems (HVAC, plumbing, electrical), it's difficult to confirm if *all* components are 'virtually new' to meet the 'Excellent' criteria. However, the property is undoubtedly move-in ready with substantial updates, aligning well with the 'Good' rating for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Income-Generating Duplex: The property is a residential income duplex with confirmed rent increases effective October 1st, presenting a strong investment opportunity.
Prime Location: Strategically located just two blocks from Montrose Shopping Park, with convenient access to bus transportation and the 210 freeway, enhancing tenant appeal and property value.
Updated & Appealing Interiors: Both units feature desirable interior amenities, including updated kitchens, hardwood floors, fireplaces, and vaulted ceilings in the upstairs unit, making them move-in ready.
Panoramic Views: The upstairs unit offers a balcony with expansive views stretching all the way to Downtown Los Angeles, adding significant aesthetic and market value.
Ample Parking & Tenant Amenities: The property includes a two-car garage (converted to a home gym with laundry) and two additional parking spaces, exclusively for the upstairs tenant, a highly desirable feature.

Cons

Poor Curb Appeal: The exterior is explicitly described as 'not the prettiest building on the block' and requiring a 'simple facelift,' indicating a need for immediate aesthetic improvements to attract buyers/tenants.
Older Construction: Built in 1947, the property's age may imply potential for outdated systems or structural components that could require future investment, despite interior updates.
Limited Lot Size: The relatively small lot size of 2,714 sqft offers minimal outdoor space, which could be a drawback for buyers seeking larger yards or future expansion potential.

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