Montebello, CA 90640,411 W LOHART AVE
Montebello, CA 90640,411 W LOHART AVE
Montebello, CA 90640,411 W LOHART AVE
26
$2,350,000
$2,430,000
3.3%
Est.Price: ?

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20 BD
20 BA
8,236 SqFt

411 W LOHART AVE Montebello, CA 90640

Est. payment /mo
SOLD DATE : 04/07/2020

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Key Details

Sold Price $2,350,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,236 sqft

Price per Sqft $285

MLS Listing ID 19-537318

Bedrooms 20

Year Built 1973

Lot Size 0.299 Acres

Property Sub-Type Multi-Family

Property Description

We are pleased to present a great opportunity to own in Desirable Montebello. A well-maintained 10 Unit Townhome-Style Apartment Building with an Excellent Unit Mix of ALL 2 Bedroom & 1.5 Bathroom units. Property features Newer 1973 Construction, Large Units Averaging 823 Sq.Ft. with Private Balcony, On-Site Secured Parking and Secured Entrance with Additional Income Procured from On-Site Laundry Room. This investment offering provides Strong In-Place Rents, Attractive Cash-flow with Rental Upside Potential of +/- 28%. Great addition to any Investment Portfolio or Exchange Upleg Purchase. Centrally located to many Shops, Restaurants on Whittier Blvd. Quick and convenient access to the Major 5, 605, 60 & 710 Freeways. Please note, California recently passed state-wide rent control in Assembly Bill 1482. Please be sure to review these new laws to ensure that you are compliant with their restrictions.

Location

State CA

County Los Angeles

Area Montebello

Zoning MNR3

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Covered Parking

Garage Spaces 13.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Remax Commercial and Investment Realty

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Chris Mardelli

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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