Montebello, CA 90640,252 S 7TH ST
Montebello, CA 90640,252 S 7TH ST
Montebello, CA 90640,252 S 7TH ST
14
$905,000
$950,000
4.7%
Est.Price: ?

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5,662 Sqft Lot

252 S 7TH ST Montebello, CA 90640

Est. payment /mo
SOLD DATE : 02/26/2020

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Key Details

Sold Price $905,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 19529196

Sold Date 02/26/20

HOA Y/N No

Year Built 1915

Lot Size 5,662 Sqft

Acres 0.13

Property Description

We are pleased to present another great opportunity, a 6 Unit Income Property in Desirable Central Montebello Location. First Time Property is being Offered For Sale in Over 47 Years! Easy To Rent Units Consisting of (5) 1 Bedroom Units and (1) Studio. Lowest Price Per Unit in the City; Priced at $158,333 Per Unit with Substantial Rental Upside of +/- 46%. A Professionally Managed Property with a History of a Low-Vacancy Rental Rate. These Units are Separately Metered for Gas & Electricity; a Low-Maintenance Property for any Investor. With Quick Access to the major freeways like the 5, 605, 60 & 710 Freeways; commuting to/from work for your tenants is at ease. This is a Good Rental area of Montebello with Plenty of Places to Shop and Eat, and Conveniently located within Walking Distance to many Shops & Restaurant on Whittier Blvd. A Short walk to nearby Rodriguez Park and the Montebello City Park. California recently passed a state-wide rent control in Assembly Bill 1482.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3*

Interior

Fireplace No

Exterior

Garage One Space

Parking Type One Space

Building

Story 2

Others

Senior Community No

Tax ID 6349009026

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with Shant Sherbetdjian • Remax Commercial and Investment Realty

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Cher Team

Broker | License ID: 02094241

+1(949) 683-7472

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