Bedrooms
6
Bathrooms
5
Square Feet
2,674
Status
Active
Montebello
125 N 4th Street
About This Property
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.
Neighborhood
This property is located in Montebello. Want to learn more about the area?
Explore CommunitiesListing courtesy of Remax Commercial and Investment Realty
Listing data from CRMLS. Deemed reliable but not guaranteed.
Asking Price
$1,295,000
Listing Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
