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$2,120,000
Est. payment /mo
17 Beds
10 Baths
5,986 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,986 sqft
Price per Sqft $354
MLS Listing ID 25616493
Bedrooms 17
HOA Y/N No
Year Built 1963
Lot Size 9,012 Sqft
Property Description
We are pleased to present for sale a well-maintained 6-unit multifamily investment property located in the desirable North Montebello area, bordering Monterey Park. This property offers an excellent unit mix, featuring mostly 3-bedroom units, and is professionally managed for ease of ownership. The building features secured entry, gated parking, and an on-site laundry room for tenant convenience. Each unit is separately metered for gas and electricity, and most units enjoy pleasant city or hillside views. Recent upgrades include a new 100-gallon central water heater. Ideally situated near the 60, 710, and 5 freeways, the property offers excellent accessibility to major employment and retail centers. The neighborhood is considered "Very Walkable" with a 71 Walk Score, providing easy access to nearby shops, restaurants, and services. This property is only subject to the Statewide AB 1482 Rent Ordinance and not subject to local rent control, allowing for greater flexibility in rent adjustments.
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR3YY
Interior
Heating Central
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Covered
Total Parking Spaces 12
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5268005009
Special Listing Condition Standard
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Listed by Shant Sherbetdjian Remax Commercial and Investment Realty
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