Property Detail

415 6th

Montebello CA 90640

$1,199,000

Status: Active

Property Details

Description

INVESTOR OPPORTUNITY IN MONTEBELLO! This well positioned fourplex offers an excellent opportunity to acquire an income producing multifamily asset in a desirable Montebello location. The property features four spacious 2-bedroom, 1-bathroom units, totaling approximately 3,630 square feet of living area, situated on a 7,315 square foot lot. Each unit provides a practical layout designed for long-term rental appeal, while the property offers 8 total parking spaces, including 4 garage/carport spaces. The property currently has 2 occupied units by long term tenants, providing an investor with an existing rental operation from day one. With its four-unit configuration, strong parking component, and established tenant base, this property presents an opportunity for investors seeking to add a multifamily asset to their portfolio while evaluating future income and value add potential. Conveniently located near shopping, dining, transportation, and major employment corridors, the property benefits from Montebello's central position within the greater Los Angeles area. Property to be sold as-is with tenants in place, buyer to independently verify all property, financial, zoning, rental, and income information. A compelling opportunity for investors looking for scale, existing rental income, and long-term multifamily potential in Montebello.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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