$1,700,000
$1,795,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
137 N 3rd St Montebello, CA 90640
10 Beds
5 Baths
4,032 SqFt
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,032 sqft
Price per Sqft $421
MLS Listing ID 25508355
Sold Date 04/21/25
Bedrooms 10
Year Built 1965
Lot Size 6,246 Sqft
Acres 0.1434
Property Sub-Type Multi-Family
Property Description
We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.29 GRM and a 5.43% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).
Location
State CA
County Los Angeles
Area Montebello
Zoning MNR3YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Wall Unit(s)
Equipment Other
Exterior
Parking Features Garage
Garage Spaces 5.0
Building
Story 2
Level or Stories Two
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 Berkshire Hathaway Home Servic
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