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Key Details
Sold Price $1,480,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-17953
Sold Date 10/23/24
Bedrooms 8
HOA Y/N No
Lot Size 8,220 Sqft
Property Description
This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity
This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity
Location
State CA
County Los Angeles
Area Montebello (90640)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Parking Features Unit1:Assigned
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash, Conventional, FHA
Space Rent $2,060
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with HUE PHU QUACH • REALIV