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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,630 sqft
Price per Sqft $385
MLS Listing ID 22-198113
Sold Date 10/28/22
Bedrooms 8
Year Built 1975
Lot Size 8,218 Sqft
Acres 0.1887
Property Sub-Type Multi-Family
Property Description
We are pleased to present a prime Montebello fourplex being offered for sale for the first time in 22 years! All units are 2 Bedroom + 1 Bathroom measuring over 900 square feet each. Take advantage of this great chance to own a 4 unit income property, newly constructed in 1975 and sitting on a large 8,218 square foot lot zoned MNR3*. This is a fully occupied and very well maintained investment that qualifies for 30 year fixed financing. With many recent capital improvements include exterior paint, roof, etc., this investment bring in an attractive cash flow plus rental upside potential. All units are separately metered for gas and electricity, so the minimal landlord maintenance gives a new investor an easier transition into their new managerial position. This hard to find and equally impressive property is situated in an attractive central Montebello location which is walking distance to nearby Parks, Schools and Shopping. Tenants enjoy the convenience of on-site laundry, covered parking and a short drive to the 5, 60 and 605 Freeways going to and from work and school.
Location
State CA
County Los Angeles
Area Montebello
Zoning MNR3*
Rooms
Other Rooms None
Interior
Heating Other
Cooling Wall Unit(s)
Equipment Other
Laundry Room
Exterior
Parking Features Covered Parking
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



