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For Sale

$1,295,000

2,674 sqft$484/sqft208 days on market

125 N 4th Street

Montebello, CA 90640

· 8% down, 7% APR, 30yr fixed

6

Beds

5

Baths

2,674

Square feet

1953

Built

Listing narrative

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.

Listing agent (MLS): Shant Sherbetdjian · Listing brokerage (MLS): Remax Commercial and Investment Realty

Property Details

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Price

$1,295,000

Beds

6 bd

Type

House

Home Size

2,674 sqft

Baths

5

Lot Size

0.14 acres

Year

1953

Status

For Sale

Days on Market

208

$ / Sqft

$484

· 8% down, 7% APR, 30yr fixed
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Courtesy of Remax Commercial and Investment Realty