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La Crescenta-Montrose, CA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in La Crescenta-Montrose, California Market population: 20K. Compare commercial properties across all major asset classes...

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πŸ“Š Average Cap Rate For La Crescenta-Montrose CA Properties: 6.68%

⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

πŸ“Š Avg Property Tax Rate For La Crescenta-Montrose CA Properties: 1.1000%

⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF

Investor Questions For La Crescenta-Montrose CA

Common questions from investors exploring commercial real estate in La Crescenta-Montrose CA.

What is the overall investment outlook for La Crescenta-Montrose, CA, considering its demographics and economy? +
La Crescenta-Montrose, CA presents a stable investment market, with a median household income of $89,375, a relatively low poverty rate of 6.8%, and a high health insurance coverage rate of 94.4%, indicating a strong and stable workforce. The top industries, including Information and Wholesale Trade, contribute to the area's economic stability. Additionally, the diverse population, with top ethnicities including White, White Non-Hispanic, and Asian, suggests a vibrant community with a range of perspectives and opportunities.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in La Crescenta-Montrose, CA? +
The average commute time of 28.5 minutes in La Crescenta-Montrose, CA, combined with the top commute methods of driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure. This, along with the area's high health insurance coverage rate of 94.4% and low poverty rate of 6.8%, suggests a high quality of life for residents and potential renters, making it an attractive location for investment.
What role does the median property value and property taxes play in the investment potential of La Crescenta-Montrose, CA? +
The median property value of $624,100 and median property taxes of $4,472 in La Crescenta-Montrose, CA, are significant factors to consider for investment. The relatively high property value, combined with a strong median household income of $89,375 and a low poverty rate of 6.8%, suggests a stable and potentially appreciating market. Furthermore, the area's diverse top industries, including Information and Wholesale Trade, contribute to the economic stability and demand for housing.
How does the ethnic diversity and income inequality impact the demand for housing and investment potential in La Crescenta-Montrose, CA? +
The ethnic diversity in La Crescenta-Montrose, CA, with top ethnicities including White, White Non-Hispanic, and Asian, contributes to a vibrant and dynamic community. The income inequality, as measured by the GINI coefficient of 0.427, is relatively moderate, and when combined with the low poverty rate of 6.8% and high health insurance coverage rate of 94.4%, suggests a stable and diverse workforce. This diversity and stability can drive demand for housing and support investment potential in the area.
What are the key factors to consider when evaluating the investment potential of La Crescenta-Montrose, CA, in terms of its workforce and economy? +
When evaluating the investment potential of La Crescenta-Montrose, CA, key factors to consider include the employed population of 9,926, the top industries of Information and Wholesale Trade, and the median household income of $89,375. Additionally, the area's low poverty rate of 6.8%, high health insurance coverage rate of 94.4%, and moderate income inequality, as measured by the GINI coefficient of 0.427, all contribute to a stable and attractive workforce and economy, making it an appealing location for investment.

La Crescenta-Montrose CA Real Estate & City Facts

Key facts and real estate information about La Crescenta-Montrose CA.

What are some of the best neighborhoods to live in La Crescenta-Montrose? +
Some of the best neighborhoods to live in La Crescenta-Montrose include Briggs Terrace, Crescenta Highlands, Glenwood Oaks, Markridge Estates, Mountain Oaks, and Pinecrest. These neighborhoods offer a range of housing options, from affordable homes to luxury estates, and are known for their safe and family-friendly environments.
What are some fun things to do in La Crescenta-Montrose? +
There are plenty of fun things to do in La Crescenta-Montrose, including visiting Deukmejian Wilderness Park, shopping at Montrose Harvest Market, having tea at The T Room, learning at the Jet Propulsion Laboratory (JPL), and exploring the Little Rascals Clubhouse. You can also hike through the dusty California oak forests and cactus bushes, encounter deer or coyotes, and feel the wilderness at the abandoned zoo area.
What is the food scene like in La Crescenta-Montrose? +
The food scene in La Crescenta-Montrose is diverse and exciting, with a range of restaurants serving everything from Mediterranean to Indian cuisine. Some popular restaurants include Tickle Tree Cafe, Jeremy's Restaurant, El Sol, Olive Branch, and Byblos Mediterranean Bakery. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in La Crescenta-Montrose? +
The pros of living in La Crescenta-Montrose include its safe and family-friendly environment, excellent schools, and plenty of outdoor recreational opportunities. However, some cons include the high cost of living, traffic congestion, and limited job opportunities in certain industries. Overall, La Crescenta-Montrose is a great place to live for those who value a strong sense of community and a relaxed, suburban lifestyle.
Is La Crescenta-Montrose a good place to live? +
Yes, La Crescenta-Montrose is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, low crime rate, and plenty of outdoor recreational opportunities, it's an ideal place to raise a family or enjoy a relaxed, suburban lifestyle. However, it's worth considering the high cost of living and limited job opportunities in certain industries before making a decision.

πŸ“Š Average Income For La Crescenta-Montrose CA Commercial Property: $89,375

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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