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Map
$1,377,263*
●
Multifamily -
Off Market
252 South 7TH Street
Montebello, CA 90640
5 Beds
6 Baths
2305 Sqft
$855,000 - $1,045,000
Reference Base Price*
44.98%
Since Feb 1, 2020
CA-Los Angeles
Primary Model
About This Property
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.
The manager has listed the unit size as 2305 square feet.
The manager has listed the unit size as 2305 square feet.
Unit Size
2,305Ft²
Days on Market
-
Land Size
5,502.00 acres
Price per sqft
$412
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1915
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 18, 2020 | No longer available | - | |
No longer available | |||
Jan 8, 2020 | Price Decreased |
$950,000
↓ $100K
(9.5%)
|
|
Price Decreased | |||
Nov 12, 2019 | Listed | $1,050,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
5
Beds
3
Baths
1,926 ft²
$428/ft²
$825,000
Mar 24, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/10/2023
|
|
6 Bed
|
-
|
-
|
$1,460,000
6 Bed
-
|
-
-
|
-
|
Shant Sherbetdjian
Remax Commercial and Investment Realty
|
11/12/2019
|
|
5 Bed
|
6 Bath
|
2305 ft²
|
$1,050,000
5 Bed
6 Bath
2305 ft²
|
-
-
|
-
|
-
|