252 S 7th St - Apartments FOR SALE


Montebello, CA 90640 | 
$1,275,000 USD
213-864-2862
252 S 7th St, Montebello, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/13
null | 6.25% Cap Rate

252 S 7th St
Montebello, CA 90640


HIGHLIGHTS

  • Clean Six (6) Units in Montebello
  • All 1 Bedroom / 1 Bath Units
  • Nice Residential Neighborhood
  • RUBS Included
  • No Rent Control
  • Extensively Renovated in 2020

OVERVIEW

Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$553 USD /SF

# OF UNITS

6

PRICE/UNIT

$212,500

CAP RATE

6.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Units in Montebello

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,502 SF

ZONING

MNR3*

APN/PARCEL ID

6349-009-026

ASK ABOUT THIS PROPERTY

Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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