$1,400,000
$1,345,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
405 S 6th ST Montebello, CA 90640
8 Beds
4 Baths
3,630 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,630 sqft
Price per Sqft $385
MLS Listing ID 22198113
Sold Date 10/28/22
Bedrooms 8
HOA Y/N No
Year Built 1975
Lot Size 8,219 Sqft
Property Description
We are pleased to present a prime Montebello fourplex being offered for sale for the first time in 22 years! All units are 2 Bedroom + 1 Bathroom measuring over 900 square feet each. Take advantage of this great chance to own a 4 unit income property, newly constructed in 1975 and sitting on a large 8,218 square foot lot zoned MNR3*. This is a fully occupied and very well maintained investment that qualifies for 30 year fixed financing. With many recent capital improvements include exterior paint, roof, etc., this investment bring in an attractive cash flow plus rental upside potential. All units are separately metered for gas and electricity, so the minimal landlord maintenance gives a new investor an easier transition into their new managerial position. This hard to find and equally impressive property is situated in an attractive central Montebello location which is walking distance to nearby Parks, Schools and Shopping. Tenants enjoy the convenience of on-site laundry, covered parking and a short drive to the 5, 60 and 605 Freeways going to and from work and school.
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR3*
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Covered
Total Parking Spaces 5
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 6349021015
Special Listing Condition Standard
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Bought with Shant Sherbetdjian • Remax Commercial and Investment Realty