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121 4th Street, Montebello, CA 90640

9 Bed, 4 Bath Multi-Family Home For Sale

121 4th Street, Montebello, CA 90640 House For Sale - MLS #17292190
Under Agreement
$995,000
9
4
Multi-Family
4 Family
This listing is courtesy of Shant Sherbetdjian from Remax Commercial and Investment Realty.

Property Description for 121 4th Street, Montebello, CA 90640

Just Listed - 4 Newer Constructed Units in North Montebello, situated on a 6,263 square foot lot. Property is comprised with an Excellent Unit mix of Spacious 2 and 3 bedroom units; with (1) 3 bed + 1.75 bath; (2) 2 bed + 1.75 bath; (1) 2 bed + 1 bath units. Newer Constructed building, built in 1977 with upgraded plumbing. All units have Central A/C and are separately metered for gas and electricity. The on-site Laundry Room is temporarily shut down but can be reinstated for additional income. Property is Not Subject to Rent Control; providing the new investor with Realistic Rental Upside of +/- 28%. Building comes with secured entry & secured parking; with access to garages from alley.

Interior Details

3,774 sq. ft.
$263.65/sq. ft.
Other

Exterior Details

0.14 acres
6,263 sq. ft.
6

Other Details

17292190
1977

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,600     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,200     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,300     

Unit #4
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,300     

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(20%)

Monthly Mortgage Payments

$4,520
$6,295

Town Description

Before the arrival of the Spaniards, the land along the Rio Hondo River was populated by the Tongva (Gabrielino) part of the Uto-Aztecan family Native Americans. The Tongva occupied much of the Los...

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