723 W Mines Avenue, Montebello, CA 90640

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Jan

Thu

Jan

Fri

Jan

Glen Henderson

[email protected] +1(619) 889-7646

$1,199,000

Est. payment - /mo

5 Beds

4 Baths

5,618 Sqft Lot

Save

UPDATED:

12/21/2024 07:35 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24249652

Bedrooms 5

HOA Y/N No

Lot Size 5,618 Sqft

Type of Financing Cash

Property Description

Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!
Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!

Location

State CA

County Los Angeles

Area Montebello (90640)

Zoning Assessor

Interior

Cooling Wall/Window

Appliance Combination Heating

Air Conditioning Wall/Window

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $164

Acceptable Financing Cash

Space Rent $2,900

Listing Terms Cash

CFD/Mello-Roos Fee $1, 973

Read Less Info

Listed by Aldo Baltodano • Greenpoint Real Estate Services

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

723 W Mines Avenue Montebello, CA 90640

Glen Henderson

Key Details

Location

Interior

Building

Others

Get More Information