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405 S 6th Street

Montebello, CA 90640
  • $1,650,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: P1-16420
$1,650,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Listing Agent(s): Vicken Tasmajian of Beverly and Company, Inc. ((626) 835-4414)


Description

This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T00:28:16.61. 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 deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/147297656
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405 S 6th Street Montebello, CA 90640

  • Price: $1,650,000
  • Status: Active
  • On Site: 15 Days
  • ID#: P1-16420
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1975
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
674 - Montebello
Property Description
This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity
Exterior Features

Carport YN Yes Fencing None Lot Features Front Yard Number Of Separate Electric Meters 4 Parking Features AssignedCarport Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Common Interest None Community Features Street Lights Electric Expense 480 Fuel Expense 456 Garage YN Yes Gross Income 105600 Gross Scheduled Income 105600 Insurance Expense 3800 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHA Net Operating Income 80820 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 24780 Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1440 Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T00:28:16.61. 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 deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Vicken Tasmajian of Beverly and Company, Inc. ((626) 835-4414)