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Key Details
Sold Price $905,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,305 sqft
Price per Sqft $392
MLS Listing ID 19-529196
Sold Date 02/26/20
Bedrooms 5
Year Built 1915
Lot Size 5,502 Sqft
Property Sub-Type Multi-Family
Property Description
We are pleased to present another great opportunity, a 6 Unit Income Property in Desirable Central Montebello Location. First Time Property is being Offered For Sale in Over 47 Years! Easy To Rent Units Consisting of (5) 1 Bedroom Units and (1) Studio. Lowest Price Per Unit in the City; Priced at $158,333 Per Unit with Substantial Rental Upside of +/- 46%. A Professionally Managed Property with a History of a Low-Vacancy Rental Rate. These Units are Separately Metered for Gas & Electricity; a Low-Maintenance Property for any Investor. With Quick Access to the major freeways like the 5, 605, 60 & 710 Freeways; commuting to/from work for your tenants is at ease. This is a Good Rental area of Montebello with Plenty of Places to Shop and Eat, and Conveniently located within Walking Distance to many Shops & Restaurant on Whittier Blvd. A Short walk to nearby Rodriguez Park and the Montebello City Park. California recently passed a state-wide rent control in Assembly Bill 1482.
Location
State CA
County Los Angeles
Area Montebello
Zoning MNR3*
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Parking Space, Other
Garage Spaces 5.0
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Remax Commercial and Investment Realty
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891