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$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

$1,395,000
6 Beds 5 Baths 26701169 MLS Active Status
We're pleased to present for sale Property 5 of 6 in this exclusive multi-property portfolio, a family-owned and operated asset offering a unique investment opportunity ideally suited for buyers seeking a strong 1031 exchange (upleg) in a high-demand rental pocket. Located in prime North Montebello, just north of Whittier Blvd, the property features an attractive unit mix consisting of one free-standing 2-bedroom, 1-bath home and four 1-bedroom, 1-bath units, catering to a broad tenant base. The asset benefits from pride of ownership, on-site garage parking, and a "Very Walkable" location (Walk Score 79) with convenient access to nearby shops and dining. Additional upside exists through ADU potential, allowing investors to further increase income and overall value. With excellent connectivity to the 60, 5, 710, and 605 freeways, and subject only to AB 1482 with no local rent control, this property offers a compelling combination of stable income, desirable fundamentals, and future growth potential. As part of a 6-property, 47-unit portfolio, investors also have the flexibility to acquire this asset individually or as part of a larger strategic investment. Properties do not have to be sold together. ** Check out the property video link.

125 N 4th Street, Montebello

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.