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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,043 sqft
Price per Sqft $327
MLS Listing ID 22-118439
Sold Date 02/02/22
Bedrooms 11
Year Built 1981
Lot Size 9,558 Sqft
Acres 0.2194
Property Sub-Type Multi-Family
Property Description
We are pleased to present 5 oversized units being offered for sale for the first time in 40 years by the original owner. This property has an excellent unit mix of 2 and 3 bedroom units of approximately 5,043 square feet building built in 1981. A pride of ownership property with realistic rental upside potential of +/- 42%. With many recent capital improvements, this trophy investment is one of a kind. A respectable lot size of approximately 9,558 square feet, provides 10 parking spaces and on site laundry. Located in a highly desirable neighborhood and within walking distance to schools, shops and parks. Tenant enjoy the convenience of secured parking, secured entry as well as being a short drive to the 5, 605, 710 and 60 Freeways. Property is subject to statewide rent control of AB1482, Buyer to verify.
Location
State CA
County Los Angeles
Area Montebello
Zoning MNR3*
Rooms
Other Rooms None
Interior
Heating Other
Cooling Wall Unit(s), Central
Equipment Other
Exterior
Parking Features Covered Parking, Uncovered
Garage Spaces 10.0
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