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4447 Ocean View Blvd, 
Montrose, CA 91020

$5,750,000


29

Beds


20

Baths


16,369

Sq Ft


Multi-Family

Active

Listed by

Tim Steuernol

Nai Capital Commercial Inc.

818-905-2400

Last updated:

October 17, 2026, 02:38 PM

MLS#

26988503

Source:

CA CLAW

About This Home

4447 Ocean View Blvd

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.

Home Facts

Multi-Family

20 Baths

29 Bedrooms

Built in 1963

Price Summary

5,750,000

$351 per Sq. Ft.

MLS #:

26988503

Last Updated:

October 17, 2026, 02:38 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

29

Bathrooms

Total Bathrooms:

20

Interior

Living Area:

16,369 Sq. Ft.


Structure

Structure

Year Built:

1963


Lot

Lot Size (Sq. Ft):

31,478


Finances & Disclosures

Finances

Price:

$5,750,000

Price per Sq. Ft:

$351 per Sq. Ft.

Source:CA CLAW
The information being provided by The Mls/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 The Mls/Claw All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.