125 N 4th St, Montebello, CA 90640
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125 N 4th St, Montebello, CA 90640
125 N 4th St, Montebello, CA 90640
125 N 4th St, Montebello, CA 90640
125 N 4th St, Montebello, CA 90640
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125 N 4th St Montebello, CA 90640

6 Beds

5 Baths

2,674 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,674 sqft

Price per Sqft $484

MLS Listing ID 26701169

Bedrooms 6

Year Built 1953

Lot Size 6,255 Sqft

Acres 0.1436

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Montebello

Zoning MNR3*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Laundry Room

Exterior

Parking Features Garage, Covered Parking, Uncovered

Garage Spaces 6.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Gabriel Carrasco

Gabriel Carrasco

Agent License ID: DRE# 02229520

+1(424) 422-6029

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125 N 4th St