About This Home
This 6-bedroom, 5-bathroom residential multi family at 125 N 4th St in Montebello, CA is listed for $1,295,000 ($484 per sqft). Built in 1953, the home offers 2,674 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1953
- 0.14 acre lot
- 2 stories
- 6 parking spaces
Property Details
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.
Monthly Cost Estimate
$6,926/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
125 N 4th St
Montebello, CA 90640
Property Details
Parking
Questions & Answers
This 6-bedroom, 5-bathroom residential multi family at 125 N 4th St is listed at $1,295,000 ($484/sqft). The estimated monthly payment is $6,926 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1953, 0.14 acre lot, 2 stories, 6 parking spaces.
This property is listed by Shant Sherbetdjian and can be reached at 6266578150.