Montebello (674) Homes with Uncovered Parking features

Montebello (674) Homes with Uncovered Parking features

Welcome to Montebello, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich history and diverse culture, Montebello offers a unique blend of suburban charm and urban convenience. With its picturesque neighborhoods, lush parks, and a variety of shopping and dining options, Montebello is a hidden gem waiting to be discovered.

One of the standout features of homes in this area is the availability of uncovered parking. In a region where space is at a premium, having easy access to parking can make all the difference. Many of the homes in Montebello come equipped with uncovered parking options, allowing residents the freedom to park their vehicles conveniently and without hassle. This feature is especially beneficial for families or those who frequently entertain guests, providing ample room for multiple vehicles.

Montebello's strategic location offers quick access to major highways and public transportation, making it an ideal choice for commuters heading into downtown Los Angeles or other nearby areas. The city boasts a variety of recreational activities, including beautiful parks and community events that foster a strong sense of community.

Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, Montebello's homes with uncovered parking present an attractive option. Explore the possibilities of living in this dynamic city, where comfort, convenience, and community come together in perfect harmony. Discover your dream home in Montebello today!

Newest Montebello (674) Homes with Uncovered Parking features

$2,638,000
22 Beds 22 Baths 26698721 MLS Active Status
PRICE REDUCED $262,000 ! We are pleased to present for sale Property 4 of 6 within a newly launched 47-unit multifamily portfolio. This well-positioned multifamily asset features 11 spacious two-story, townhome-style units, each offering 2 bedrooms and 1.5 bathrooms, an attractive layout that continues to appeal to long-term tenants. Situated on a prominent corner location, the property benefits from strong street presence and visibility, and it is being offered for the first time in 13 years, presenting a rare opportunity in a tightly held submarket. Currently bringing in 5.93% Cap Rate and 11.10 GRM on Current Rents. The all-electric building sits on a large 16,417 square foot lot, providing operational efficiency along with long-term upside potential. With solid in-place income and approximately 39% rental upside, investors have a clear value-add opportunity through strategic rent increases. Additional features include on-site parking, secured entry, private outdoor spaces in select units, and an on-site laundry facility readily available to add machines and generate supplemental income. The property also offers convenient access to the 60, 605, 710, and 5 freeways, enhancing its appeal to commuters. Subject only to AB 1482 and not local rent control, this asset provides a favorable regulatory environment, making it a strong opportunity to acquire a stable, income-producing property with meaningful upside. As part of a six-property, 47-unit portfolio, investors also have the flexibility to purchase individually or as part of a larger investment strategy. Properties do not have to be sold together. ** Check out the property video link.

500 S 6th Street, Montebello

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.