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840 S Greenwood AVE Montebello, CA 90640
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Key Details
Sold Price $3,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23029056
Sold Date 05/30/23
HOA Y/N No
Year Built 1953
Lot Size 0.831 Acres
Lot Dimensions Assessor
Property Description
Welcome to Montebello's newest investment opportunity! This charming single-story 10-unit apartment building has recently undergone a fresh exterior paint job, giving it a new and inviting look. The building is nestled in a prime location in the heart of the city, providing easy access to shopping, dining, and entertainment options that Montebello has to offer.
The property features 10 spacious units, each boasting their own laundry hookups. The units have been well-maintained and are in excellent condition. Additionally, the building has been thoughtfully designed with tenant convenience in mind, featuring 10 car garages with easy access to each unit and an additional 18 separate parking spaces.
One of the most attractive features of this property is its separately metered utilities, making it easy for tenants to manage their own bills and ensuring a hassle-free experience for the landlord. This can help to attract long-term tenants and reduce turnover, providing a stable and reliable source of income for the savvy investor.
Overall, this 10-unit apartment building is an exceptional investment opportunity that checks all the boxes for both seasoned investors and those looking to enter the market for the first time. Don't miss your chance to own this gem in Montebello - schedule a viewing today!
Location
State CA
County Los Angeles
Area 674 - Montebello
Interior
Heating Forced Air
Fireplace No
Laundry In Garage, Laundry Room
Exterior
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Total Parking Spaces 18
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6352022005
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Trust
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Bought with Matthew Guerra • KW Executive