Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!
MLS #
CRDW24249652
MLS Source
California Regional MLS
Days on Site
4
Flooring
Laminate
Cooling
Other, Window/Wall Unit
Heating
Multi Type, Other, Wall Furnace
Pool
None
Garage/Parking
Garage, Other, Garage: 1 Car(s)
HOA Fee
$0
Listing Agent
Aldo Baltodano
Greenpoint Real Estate Services
License #: 01879659
Phone: (951) 833-1030
Co-Listing Agent
Tracy Ly
Greenpoint Real Estate Services
License #: 02076053
Phone: (714) 869-5554
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 2 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 615 | – | 0/0 | – |
2 | 1,168 | – | 0/0 | – |
723 W Mines Ave is a Residential Income in Montebello, CA 90640. This – square foot property sits on a 5,618 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,199,000 and was built in 1948.
This address can also be written as 723 W Mines Ave, Montebello, CA 90640.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Aldo Baltodano, (951) 833-1030