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Key Details
Sold Price $910,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22037117
Sold Date 04/28/22
Bedrooms 4
HOA Y/N No
Lot Size 7,540 Sqft
Property Description
Great opportunity to own a triplex in the heart of Montebello!!! This property features a 2 bedroom 2 bath unit up front and two, 1 bedroom 1 bath units behind and a detached 1 car garage for each unit. All unit are occupied by long time renters however they are month to month. The rents are well below market and have a big opportunity to increase. The 2 bedroom has not been renovated but is in very good condition. The one bedroom behind it was renovated 5 years ago and is in good condition. The last one bedroom has a long term tenant living that has been there for the past 27 years. The wood floors need to be refinished and the kitchen needs to be updated. The bathroom was updated sometime in the past.
Great opportunity to own a triplex in the heart of Montebello!!! This property features a 2 bedroom 2 bath unit up front and two, 1 bedroom 1 bath units behind and a detached 1 car garage for each unit. All unit are occupied by long time renters however they are month to month. The rents are well below market and have a big opportunity to increase. The 2 bedroom has not been renovated but is in very good condition. The one bedroom behind it was renovated 5 years ago and is in good condition. The last one bedroom has a long term tenant living that has been there for the past 27 years. The wood floors need to be refinished and the kitchen needs to be updated. The bathroom was updated sometime in the past.
Location
State CA
County Los Angeles
Area Montebello (90640)
Zoning Public Rec
Building
Lot Description Corner Lot, Curbs, Sidewalks
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Space Rent $1,350
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Bought with Herbert Diaz • PLF Real Estate Solutions
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