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$ 1,420,000
Est. payment /mo
Price Dropped by $75K
252 S 7th Montebello, CA 90640
4 Beds
4 Baths
5,504 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26051036
Bedrooms 4
Lot Size 5,504 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
What if your next investment property already came with six renovated units producing stable rental income in one of Montebellos strongest rental markets? We are pleased to present a turn-key 6-unit investment opportunity in the heart of Montebello, offering investors a rare chance to acquire a well-maintained, income-producing property with strong rental demand. The property features six renovated 1-bedroom, 1-bathroom units that are easy to rent and professionally owned and operated, making this an ideal asset for investors seeking stable cash flow and long-term appreciation. Ownership has completed numerous recent renovations and capital improvements, allowing a new owner to step into a low-maintenance, professionally managed asset from day one. Each unit is separately metered for gas and electricity, and the owner has implemented a RUBS (Ratio Utility Billing System) for water and trash, helping reduce operating expenses and improve overall property efficiency. Tenants benefit from the propertys prime central location near Whittier Boulevard, placing them within close proximity to a wide range of shopping, dining, and everyday conveniences. The property also offers excellent regional connectivity with easy access to the 5, 60, 605, and 710 freeways, making commuting throughout Los Angeles County convenient. With renovated units, strong in-place rental income, and a desirable location in the San Gabriel Valley, this property presents an excellent opportunity for investors seeking a stable long-term hold or a strategic 1031 exchange acquisition. Property is subject to AB
Location
State CA
County Los Angeles
Zoning Public Rec
Direction East on Olympic Blvd, corner of 7th Street and Olympic
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6349009026
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by CLARENCE YEUNG, DRE#01897557 eXp Realty of California Inc