Nalren
Open in App

6-Bedroom Residential Income - 125 N 4th Street, Montebello, CA

$1,295,000

125 N 4th Street, Montebello, CA

View in Nalren App Get the App

Description

5-units in North Montebello (located north of Whittier Blvd), presenting an 11.98 GRM and a 5.40% Cap Rate, MOTIVATED SELLER with only 2 properties left in this Family-Owned Portfolio Sale. Attractive investment opportunity, great for 1031 exchange replacement property. Consisting of (1) detached 2 bed + 1 bath house and (4) 1 bed + 1 bath units, all 100% occupied. On-site garage parking (ADU Potential), owner-owned coin-operated laundry machines, very walkable location (79 Walk-Score) with convenient access to shopping, dining, and the 60, 5, 710, and 605 freeways. The property is only subject to AB 1482 with no local rent control. The SB721 (Balcony Law) Inspection Report Completed. A solid combination of current income and future growth potential creating for a favorable purchase. **Check out the property video.

Property details

Bedrooms
6
Bathrooms
5
Square feet
2,674
Year built
1953
Property type
Residential Income
Lot size
6,255 sqft

Location

125 N 4th Street • Montebello, CA 90640

More homes for sale and rent in Montebello, CA →

Listed by

Shant Sherbetdjian · Remax Commercial and Investment Realty

Similar Listings

Recent sales near 125 N 4th Street

Closed sales reported in 90640, nearest first, last 12 months. All recent sales in Montebello →

Sale history for 125 N 4th Street →