See all 12 photos
12 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,240,000
Est. payment /mo
7 Beds
5 Baths
3,583 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,583 sqft
Price per Sqft $346
MLS Listing ID 25569469
Bedrooms 7
HOA Y/N No
Year Built 1955
Lot Size 6,364 Sqft
Property Description
Proudly offered for the first time in over 40 years, this well-maintained Value Add 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features Attached Carport
Total Parking Spaces 5
Building
Faces South
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
School District Montebello Unified
Others
Senior Community No
Tax ID 5294014036
Special Listing Condition Standard
Read Less Info
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty