$1,350,000
SOLD OCT 17, 2025
5 Beds
2 Baths
3,364 Sq Ft
2,847 Sq Ft Lot

Recently Sold

$401 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Tile Flooring
  • John C. Fremont Elementary School Rated A-

About This Home

As of October 2025

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 of which are currently occupied providing investors with immediate rental income and long-term stability. The residential units include a 1-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit, both designed for comfortable living and consistent tenant appeal. 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.

Last Agent to Sell the Property

Fred Sedighravesh

Keller Williams Realty Irvine Brokerage Phone: 949-274-3733 License #01423187 Listed on: 09/17/2025

Keller Williams Realty Irvine

Last Buyer's Agent

Fred Sedighravesh

Keller Williams Realty Irvine Brokerage Phone: 949-274-3733 License #01423187 Listed on: 09/17/2025

Keller Williams Realty Irvine

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 2,847 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,364 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5615006022
  • $1 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $6,264
  • Water Sewer Expense $2,460
  • New Taxes Expense $14,168
  • Operating Expense $22,892
  • Gross Income $80,400
  • Net Operating Income $41,748

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2460.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5615006022
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 401.31
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2847.00
  • Lot Size Acres: 0.0654
  • Latitude Manual: 34.20347300

Multi Family

  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 6264.00
  • Lot Size Area: 2847.0000 Square Feet
  • Net Operating Income: 41748.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 22892.00
  • Rent Control: No
  • Total Expenses: 22892.00

Tax Info

  • New Taxes Expense: 14168.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $1,350,000 +3.9% $401 / Sq Ft
09/28/2025 09/28/25 Pending -- -- --
09/17/2025 09/17/25 For Sale $1,299,900 -- $386 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25219341

California Regional Multiple Listing Service (CRMLS)