125 N 4th Street, Montebello, CA 90640

$1,395,000
6
BD
5
BA
2,674
SqFt

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List Price
$1,395,000
Status
ACTIVE
MLS#
26701169
Year Built
1953
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,674
Lot Size
6,255
Acres
0.14
Days on Market
107
Property Type
Multifamily
Stories
Multi Level

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.

Additional Information

Garage Spaces Total
4
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Shant Sherbetdjian (ss@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.