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    1009 W Los Angeles Avenue

    Montebello, CA 90640
    • $1,895,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: AR21181111
    Price Reduced
    UPDATED: 19 min ago
    $1,895,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    An investors dream, first time in the market in two generations! Lovingly maintained Highly desirable long term investment property ready for its new owner. The property has been well cared for and shows pride of ownership. This property consists of six one bedroom, one-bathroom individual apartments, approximately 450 sq.ft. each, the generous sized lot is 15,839 sq. ft. Four of the six units are currently rented with two unit vacant. Property is in a residential neighborhood just minutes from shopping, restaurants, markets, public transportation, and schools. The property is freeway close to the 10 and 60 Freeways, located 8 miles east of downtown Los Angeles. Truly a rare opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T13:29:26.097. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/120533921
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    1009 W Los Angeles Avenue Montebello, CA 90640

    • Price: $1,895,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: AR21181111
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    1947
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    An investors dream, first time in the market in two generations! Lovingly maintained Highly desirable long term investment property ready for its new owner. The property has been well cared for and shows pride of ownership. This property consists of six one bedroom, one-bathroom individual apartments, approximately 450 sq.ft. each, the generous sized lot is 15,839 sq. ft. Four of the six units are currently rented with two unit vacant. Property is in a residential neighborhood just minutes from shopping, restaurants, markets, public transportation, and schools. The property is freeway close to the 10 and 60 Freeways, located 8 miles east of downtown Los Angeles. Truly a rare opportunity.
    Exterior Features

    Lot Features Street Level Number Of Separate Electric Meters 6 Parking Features Garage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

    Interior Features

    Common Walls No Common Walls Fireplace Features None Fireplace YN No

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 94800 Gross Scheduled Income 94800 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 58962 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 35838 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Mnr3yy

    Listing provided courtesy of Steven Sattler of Coldwell Banker George Realty and Michelle Olsen of Coldwell Banker George Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T13:29:26.097. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505