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$ 1,395,000
Est. payment /mo
New
125 N 4th ST Montebello, CA 90640
6 Beds
5 Baths
2,674 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,674 sqft
Price per Sqft $521
MLS Listing ID 26701169
Bedrooms 6
HOA Y/N No
Year Built 1953
Lot Size 6,255 Sqft
Property Description
We're pleased to present for sale Property 5 of 6 in this exclusive multi-property portfolio, a family-owned and operated asset offering a unique investment opportunity ideally suited for buyers seeking a strong 1031 exchange (upleg) in a high-demand rental pocket. Located in prime North Montebello, just north of Whittier Blvd, the property features an attractive unit mix consisting of one free-standing 2-bedroom, 1-bath home and four 1-bedroom, 1-bath units, catering to a broad tenant base. The asset benefits from pride of ownership, on-site garage parking, and a "Very Walkable" location (Walk Score 79) with convenient access to nearby shops and dining. Additional upside exists through ADU potential, allowing investors to further increase income and overall value. With excellent connectivity to the 60, 5, 710, and 605 freeways, and subject only to AB 1482 with no local rent control, this property offers a compelling combination of stable income, desirable fundamentals, and future growth potential. As part of a 6-property, 47-unit portfolio, investors also have the flexibility to acquire this asset individually or as part of a larger strategic investment. Properties do not have to be sold together. ** Check out the property video link.
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR3*
Interior
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Covered, Garage, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 6
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6346024009
Special Listing Condition Standard
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty #01713570