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$ 1,395,000
Est. payment /mo
Active
125 N 4th Street Montebello, CA 90640
2,674 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,674 sqft
Price per Sqft $521
MLS Listing ID CL26701169
HOA Y/N No
Year Built 1953
Lot Size 6,255 Sqft
Acres 0.1436
Property Sub-Type Other
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
Zoning MNR3*
Interior
Fireplace No
Laundry Laundry Room
Building
New Construction No
Others
Tax ID 6346024009
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Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty