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$5,200,000
Est. payment /mo
2 Beds
2 Baths
0.49 Acres Lot
UPDATED:
11/20/2024 04:43 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24232376
Bedrooms 2
HOA Y/N No
Lot Size 0.491 Acres
Type of Financing Cash
Property Description
Long time Owners! First time on the market in 47 years!! This rare 17-unit property in Montebello, CA, features all 2-bedroom, 2-bathroom units in a highly sought-after, low-vacancy area. Each unit is separately metered for electricity and gas, with a single water meter, and includes on-site laundry units owned and included in the sale for additional income. With 26 parking spaces, each unit comes with its own designated spot, while nine extra spaces generate $90 monthly each. The property is securely gated in both the front and back, with convenient alley access and a remote-controlled gate at the rear. Centrally located with quick access to the 60, 710, and 5 freeways, its just 1.3 miles from Montebello Country Club and 2.2 miles from Topgolf Montebello.
Long time Owners! First time on the market in 47 years!! This rare 17-unit property in Montebello, CA, features all 2-bedroom, 2-bathroom units in a highly sought-after, low-vacancy area. Each unit is separately metered for electricity and gas, with a single water meter, and includes on-site laundry units owned and included in the sale for additional income. With 26 parking spaces, each unit comes with its own designated spot, while nine extra spaces generate $90 monthly each. The property is securely gated in both the front and back, with convenient alley access and a remote-controlled gate at the rear. Centrally located with quick access to the 60, 710, and 5 freeways, its just 1.3 miles from Montebello Country Club and 2.2 miles from Topgolf Montebello.
Long time Owners! First time on the market in 47 years!! This rare 17-unit property in Montebello, CA, features all 2-bedroom, 2-bathroom units in a highly sought-after, low-vacancy area. Each unit is separately metered for electricity and gas, with a single water meter, and includes on-site laundry units owned and included in the sale for additional income. With 26 parking spaces, each unit comes with its own designated spot, while nine extra spaces generate $90 monthly each. The property is securely gated in both the front and back, with convenient alley access and a remote-controlled gate at the rear. Centrally located with quick access to the 60, 710, and 5 freeways, its just 1.3 miles from Montebello Country Club and 2.2 miles from Topgolf Montebello.
Location
State CA
County Los Angeles
Area Montebello (90640)
Zoning Public Rec
Building
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $359
Acceptable Financing Cash
Space Rent $34,479
Listing Terms Cash
CFD/Mello-Roos Fee $4, 319
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Listed by KW Executive
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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