Montebello, CA 90640,520 N 3rd St
Montebello, CA 90640,520 N 3rd St
Montebello, CA 90640,520 N 3rd St
18
$1,015,000
$995,000
2.0%
Est.Price: ?

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5 BD
4 BA
2,999 SqFt

520 N 3rd St Montebello, CA 90640

Est. payment /mo
SOLD DATE : 07/14/2021

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Key Details

Sold Price $1,015,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,999 sqft

Price per Sqft $338

MLS Listing ID 21-746854

Bedrooms 5

Year Built 1954

Lot Size 7,404 Sqft

Property Sub-Type Multi-Family

Property Description

It is our great pleasure to present for the sale the North 3rd Street Apartments. A true trophy investment that's been family built, owned and operated for over 67 years! This beautifully maintained multi-family asset provides an excellent unit mix of ONE (2 Bedroom), TWO (1 Bedroom) and ONE (Studio) units. The property is located on north 3rd Street (Between Beverly Blvd and Victoria Ave). The new owner will benefit from the extremely desirable and sought after rental market of this North Montebello Neighborhood, capturing a tremendous rental upside potential of +/- 219%*. The property has great characteristics such as single story construction, a low density layout, garage parking for most units and many recent capital improvements. This property sits on a quiet street close to a majority of single family homes. Tenants enjoy the ease and comfort knowing they are conveniently near many shops and restaurants on West Beverly Blvd and North Montebello Blvd. The property is fully occupied, so please do not disturb tenants and do not walk on property, your discretion is greatly appreciated.

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, Other

Garage Spaces 3.0

Building

Story 1

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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