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2535 2543 Cross Street

La Crescenta, CA 91214

– beds
– baths
– sqft
15,877 sqft lot
1950 build
– on site

Excellent Investment Opportunity in Prime La Crescenta Location. Unlock the potential of this rare 10-unit multifamily property situated in the desirable community of La Crescenta. The property consists of a total of 10 units: 2 spacious two-bedroom units, 6 one-bedroom units, and 2 singles. Each unit is well-proportioned, offering comfortable living spaces that tenants will appreciate. Sitting on a generous 15,879 sq ft lot, the property features a total building size of 6,898 sq ft, with plenty of room for potential expansion. Rents are currently below market, offering significant upside for investors seeking long-term growth and increased cash flow. An added value opportunity exists with the possibility of adding an ADU (Accessory Dwelling Unit), further enhancing the income potential of this asset. Buyer to investigate the possibility. Located in a high-demand rental area with strong tenant appeal, this property is perfect for investors looking to reposition and maximize returns. Don’t miss this chance to acquire a solid income property with tremendous future upside in one of La Crescenta’s most attractive neighborhoods.

Listed By CRMLS_CA / Pakrad Markarian / Remax Optima / 818-207-9999

Last checked: Checking… • Last updated Jun 6, 2025 •

MLS# GD25122829 —

The Building

Year Built:

1950
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

6898.00
Building Area Units:

Square Feet
Total Number Of Units:

10
# of Buildings:

3
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

11
# of Separate Water Meters:

1
# of Separate Electric Meters:

11

Interior

Levels:

Multi/Split
Entry Location:

fd
Laundry:

Common Area, Community, Individual Room, See Remarks
Laundry:

1

Location

Directions:

Corner of Rosemont and Cross above Foothill Blvd.
Latitude:

34.22176600
Longitude:

-118.23462000

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

0-1 Unit/Acre
Lot Size Area:

15877.0000
Lot Size Acres:

0.3645
Lot Size SqFt:

15877.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

5804003016
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

5111
Tax Lot:

5

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5804003017

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Central Air, Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Gutters
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

6.00
Garage Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/2/25 Jun 2, 2025	Listed / Active	CRMLS_CA	$4,395,000

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This multifamily located in La Crescenta-Montrose, CA 91214 is currently for sale for $4,395,000. 2535 2543 Cross Street is a – square foot multifamily with – beds and – baths that has been on Estately for 16 days.

Listing Courtesy of: CRMLS_CA and Remax Optima. Based on information from California Regional Multiple Listing Service, Inc. as of 07:59 on Jun 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.