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- ML#AR20209555
- TypeIncome
- CountyLOS ANGELES
- CityMontebello
- AreaMontebello
- Zip90640
- StyleBungalow
- Price$ 4,280,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12414
- Lot Size0.94 Acres
Listing Provided Courtesy Of:
Amy Wang with Coldwell Banker George Realty.
Property Description
Great investment opportunity to purchase a bungalow style single story 17 unit multi family apartment building situated on a huge 40,740 SF lot. Prime Montebello Area. Close to transportation, bus and metro link. NO vacancies, no unpaid rents, 100% occupied, plenty of parking spaces and garages. 9 buildings, great unit mix, one house 3 bedrooms/2 baths, one car garage and one parking space, 13 units 2 bedrooms/1 bath each with an attached one car garage and one parking space, and 3 units 1 bedroom/ 1 bath with one parking space. Each unit has it's own yard, common area laundry facility and an on site manager. Marketable rent, high cap, low maintenance, easy to manage, and separate utility meters. Also an excellent investment and development opportunity for a 1031 exchange Buyer.
Price History | |
---|---|
10/6/2020 | Listed $4,280,000 |
General Features
Appliances | Water Heater |
---|---|
Architectural Style | Bungalow |
Attached Structure | Detached |
Community Features | Street Lights |
Construction Materials | Board & Batten Siding, Stucco |
Cooling | Wall/Window Unit(s) |
Directions | S/ Whittier Blvd El Garfield Ave. |
Flooring | Laminate, Wood |
Garage Spaces | 14.00 |
HOA Fee | 0.00 |
Listagentaor | Arcadia |
Listing Agent | Amy Wang - BRE#01349731 |
Listing Agent State License | 01349731 |
MLS Area | 674 - Montebello |
Parking Features | Assigned, Garage - Single Door, On Site, Parking Space |
Pool Features | None |
Price Per Square Foot | 344.77 |
Roof | Shingle |
Security Features | Resident Manager |
Sewer | Public Sewer |
Source System | CRMLS |
Spa Features | None |
Special Listing Conditions | Standard |
Total Units | 17 |
View | None |
Zoning | MNR3YY |
Interior Features
1st Bedroom Area | 349 |
---|---|
1st Bedroom Area Unit Type | Square Feet |
2nd Bedroom Area | 800 |
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area | 1000 |
3rd Bedroom Area Unit Type | Square Feet |
Air Conditioning Y/N | Yes |
Appliances Y/N | Yes |
Common Walls | No Common Walls |
Laundry Features | Community, Dryer Included, Washer Included |
Laundry Y/N | Yes |
Room Type | Main Floor Bedroom |
Studio Area Unit Type | Square Feet |
Total Stories | 1 |
Exterior Features
Building Area Total | 12414.00 |
---|---|
Fence Y/N | Yes |
Fencing | Block, Chain Link, Wood |
Lot Features | Lot Over 40000 Sqft, Walkstreet |
Lot Size Acres | 0.9353 |
Lot Size Area | 40740.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 40740.00 |
Lot Size Units | Square Feet |
Number of Buildings | 9 |
Number of Separate Electric Meters | 18 |
Number of Separate Gas Meters | 16 |
Number of Separate Water Meters | 2 |
Parking Y/N | Yes |
Total Parking | 34.00 |
Uncovered Spaces | 20.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool