Montebello, CA 90640,517 S 6th St
Montebello, CA 90640,517 S 6th St
Montebello, CA 90640,517 S 6th St
13
$1,097,500
$1,150,000
4.6%
Est.Price: ?

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8 BD
4 BA
3,248 SqFt

517 S 6th St Montebello, CA 90640

Est. payment /mo
SOLD DATE : 07/15/2021

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

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Chris Mardelli

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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