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$1,148,000
22 Days On Site
698 W OlympicMontebello, CA 90640
For Sale|Apartment|Active
0
Beds
0
Total Baths
2,304
SqFt
$498
/SqFt
1915
Built
County:
Los Angeles
Listed by Pat Swanson of Pat Swanson pat.swanson@streamrealty.com
Call Now: 951-203-4426
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951-203-4426
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Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.
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Listing Snapshot
Price
$1,148,000
Days On Site
22 Days
Bedrooms
N/A
Inside Area (SqFt)
2,304 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1264 Acres
Year Built
1915
MLS® Number
OC26203738
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 days ago | Price changed to $1,148,000 | |
| 4 days ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Status changed to Active | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.1264
Land Lease
No
Number Of Stories
2
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
2304
Water Source
Public
Interior Features
Laundry Features
None
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Exterior Features
Pool Features
None
Community Features
Community Features
SuburbanSidewalks
MLS Area
674 - Montebello
Building Access
Ground
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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