$1,265,000
$1,350,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
6 Baths
3,786 SqFt
SOLD DATE : 06/17/2020
Key Details
Sold Price $1,265,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,786 sqft
Price per Sqft $334
MLS Listing ID AR20029939
Sold Date 06/17/20
Bedrooms 9
Full Baths 6
HOA Y/N No
Year Built 1973
Lot Size 6,534 Sqft
Property Description
Please Do Not Disturb Tenants and Neighbors. Newly Renovated Building. 5.05% Cap Rate. Investors Dream. True Cash Cow. Current Yearly Rent $88200 plus Coin Laundry Income. Turn Key Rental. R3 ZONED. 4 Units Total Fully Occupied. All with Separate Meters. The Front Master Unit has a 3 bed 2.5 bath with Central A/C. The other Units have 2 bed 1 bath. All Units have been recently updated. New Flooring, New Roof Dec of 2019, New Dual Panel Windows, Updated Plumbing and New Water Heater, Termite has been serviced July of 2019. Central AC has been serviced Dec of 2019. 4K Security Cameras System Installed, Incredible Opportunity! Possible to Live in Owner’s Unit and Rent out 3 Units or Rent all 4! Rent is Always On Time and Current. Low Maintenance plus additional income from Coin Laundry Room. Tenants paying their own Utilities, Landlord covers only Water and Trash. Centrally located near Downtown Los Angeles. Ideally located down a quiet street in the heart of Montebello. Walking distance from Supermarket, Shopping Centers, Restaurants, Coffee Shops, Parks and School. Extremely High Demand for Rental in this area.
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR3*
Rooms
Main Level Bedrooms 6
Interior
Interior Features Bedroom on Main Level
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Attached Carport, Carport, Detached Carport
Carport Spaces 6
Pool None
Community Features Rural, Suburban
View Y/N Yes
View Mountain(s), Neighborhood
Parking Type Attached Carport, Carport, Detached Carport
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Montebello Unified
Others
Senior Community No
Tax ID 6345024024
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with HAGOP YAPOUJIAN • HYNET REALTY
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com