Montebello, CA 90640,517 S 6th ST
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Montebello, CA 90640,517 S 6th ST
Montebello, CA 90640,517 S 6th ST
Montebello, CA 90640,517 S 6th ST
Montebello, CA 90640,517 S 6th ST

$1,097,500

Est. payment /mo

$1,150,000

4.6%
Est.Price: ?

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517 S 6th ST Montebello, CA 90640

6,969 Sqft Lot

SOLD DATE : 07/15/2021

Key Details

Sold Price $1,097,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21742848

Sold Date 07/15/21

HOA Y/N No

Year Built 1959

Lot Size 6,969 Sqft

Property Description

We are pleased to present another great opportunity, a 4 unit income producing property with an excellent unit mix consisting of 2 bedroom + 1 bathroom units. This hard to find and equally impressive property is situated in an attractive Montebello location with low vacancy rental history. It is the first time this property is being offered for sale in over 20 years! Opportunity for growth with realistic rental upside potential of +/- 37%. Many recent capital improvements include newer windows, kitchen, hardwood floors, doors and more. A fully occupied and very well maintained investment that qualifies for 30 year fixed financing. Property consists of garage parking for all units with, separately metered for gas/ electricity and have separate water heaters for each unit. Tenants enjoy the ease and comfort of laundry hookups in each unit. The property provides access to many shopping centers, super markets, banks, entertainment and public transportation off of Montebello Blvd and Greenwood Avenue.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3YY

Interior

Fireplace No

Exterior

Garage Garage

Garage Spaces 4.0

Garage Description 4.0

Parking Type Garage

Total Parking Spaces 4

Building

Story 2

Others

Senior Community No

Tax ID 6349032017

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with KIN YAN LI • PACIFIC STERLING REALTY

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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