133 N 2nd St - Apartments FOR SALE


Montebello, CA 90640
$1,650,000 USD
714-222-7100
133 N 2nd St, Montebello, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/22
null | 4.08% Cap Rate

133 N 2nd St
Montebello, CA 90640


OVERVIEW

5 Unit Complex in the City of Montebello. Each unit is two bedrooms, one bathroom, one single car garage. Units 1, 2 and 3 are downstairs units, with units 4 & 5 located upstairs. All units have tile flooring throughout installed in 2018 , newer gas stoves/ovens, new electrical panels for each unit installed in 2019/2020, new windows and roof installed approx in 2009, and water heater installed in 2019, along with extensive termite work done & maintained annually. Each unit is equipped with it's own electric & gas meters. NO vacancies, 100% occupied, tenants pay their own gas & electric, no pets. Centrally located to 605, 5 and 60 freeways. Close by to shopping, dining and Adventist Health White Memorial Hospital, & Whittier Narrows Recreation Area, Walk Score of 83. Property is subject to statewide AB1482 rent ordinance - has no local rent control.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

5

PRICE/UNIT

$330,000

CAP RATE

4.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Complex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,133 SF

ZONING

MNR3YY

APN/PARCEL ID

6346-022-010

ASK ABOUT THIS PROPERTY

Carlos BarronTNG Real Estate ConsultantsMore Info
714-222-7100

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Carlos BarronTNG Real Estate ConsultantsMore Info
714-222-7100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.