Back to Search Nalren

$1,148,000

FOR SALE
Active

698 W Olympic

Montebello, CA

MLS# OC26203738

Apartment
49 days on marketNalren refreshed

Listing Agent

Pat Swanson

Listing Agent

Pat Swanson

DRE #: 01382974

(213) 864-2862

Brokerage: Pat Swanson

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1915

Year Built

5,504 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.

Facts & Features

Interior

Laundry Features
None

Exterior

Private Pool
No
Lot Features
Six To Ten Units Acre

Building

Year Built
1915
Building Area Total
2,304
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
0

Similar Listings

Recent sales near 698 W Olympic

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