Montebello, CA 90640,405 S 6th St
Montebello, CA 90640,405 S 6th St
Montebello, CA 90640,405 S 6th St
$1,400,000
Est. payment /mo
$1,345,000
4.1%
Est.Price: ?

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8 Beds
4 Baths
3,630 SqFt
SOLD DATE : 10/28/2022

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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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Remax Commercial and Investment Realty

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Ivan Perez

Ivan Perez

+1(818) 242-6422

Broker Associate | License ID: 01952891

Broker Associate License ID: 01952891

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