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517 S 6th St Montebello, CA 90640
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Key Details
Sold Price $1,097,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $337
MLS Listing ID 21-742848
Bedrooms 8
Year Built 1959
Lot Size 6,981 Sqft
Property Sub-Type Multi-Family
Property Description
We are pleased to present another great opportunity, a 4 unit income producing property with an excellent unit mix consisting of 2 bedroom + 1 bathroom units. This hard to find and equally impressive property is situated in an attractive Montebello location with low vacancy rental history. It is the first time this property is being offered for sale in over 20 years! Opportunity for growth with realistic rental upside potential of +/- 37%. Many recent capital improvements include newer windows, kitchen, hardwood floors, doors and more. A fully occupied and very well maintained investment that qualifies for 30 year fixed financing. Property consists of garage parking for all units with, separately metered for gas/ electricity and have separate water heaters for each unit. Tenants enjoy the ease and comfort of laundry hookups in each unit. The property provides access to many shopping centers, super markets, banks, entertainment and public transportation off of Montebello Blvd and Greenwood Avenue.
Location
State CA
County Los Angeles
Area Montebello
Zoning MNR3YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with PACIFIC STERLING REALTY
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