125 N 4th Street, Montebello, CA 90640
- $1,295,000
- 6
- BD
- 5
- BA
- 2,674
- SqFt
- List Price
- $1,295,000
- Price Change
- ▼ $100,000 1787095490
- Status
- ACTIVE
- MLS#
- 26701169
- Year Built
- 1953
- Bedrooms
- 6
- Bathrooms
- 5
- Living Sq. Ft
- 2,674
- Lot Size
- 6,255
- Acres
- 0.14
- Days on Market
- 155
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
5-units in North Montebello (located north of Whittier Blvd), presenting an 11.98 GRM and a 5.40% Cap Rate, MOTIVATED SELLER with only 2 properties left in this Family-Owned Portfolio Sale. Attractive investment opportunity, great for 1031 exchange replacement property. Consisting of (1) detached 2 bed + 1 bath house and (4) 1 bed + 1 bath units, all 100% occupied. On-site garage parking (ADU Potential), owner-owned coin-operated laundry machines, very walkable location (79 Walk-Score) with convenient access to shopping, dining, and the 60, 5, 710, and 605 freeways. The property is only subject to AB 1482 with no local rent control. The SB721 (Balcony Law) Inspection Report Completed. A solid combination of current income and future growth potential creating for a favorable purchase. **Check out the property video.
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Additional Information
- Garage Spaces Total
- 4
- Attached Structure
- Detached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: Shant Sherbetdjian (ss@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.