3101 Via San Delarro - Apartments FOR SALE


Montebello, CA 90640
$2,275,000 USD
626-427-0786
3101 Via San Delarro, Montebello, CA for Sale
$2,275,000 USD
Apartments - FOR SALE
1/9
null | 5.28% Cap Rate

3101 Via San Delarro
Montebello, CA 90640


HIGHLIGHTS

  • EXCELLENT LOCATION & PROPERTY CONDITION!
  • Unit Mix: (3) 2-Bed/1-Bath & (6) 1-Bed/1-Bath Units
  • Three Individual Tri-Plex Structures
  • 6 Single-Level Units | 3 Units Above Garage Parking
  • Onsite Garage Parking & Private Laundry Hookups
  • SELLER WILL CONSIDER PRIVATE-SELLER FINANCING FOR A Well Qualified Buyer!

OVERVIEW

Kristopher German of The Apartment Dealer is pleased to offer a rare opportunity to acquire a pride-of-ownership 9-unit apartment property in a highly desirable North Montebello location, just north of Beverly Boulevard and steps from Quiet Cannon Golf Course. Offering an excellent combination of location, property condition, and desirable unit sizes, this well-maintained asset is ideally positioned for investors seeking a quality long-term multifamily investment. The property is comprised of three individual triplex structures with an attractive unit mix of three 2-Bedroom/1-Bath units and six 1-Bedroom/1-Bath units. Six of the units feature desirable single-level construction, while three units are positioned above garage parking. In total, the property offers approximately 5,439 rentable square feet on an 11,512 sq. ft. lot. The property has benefited from numerous improvements, including updated electrical subpanels throughout and updated interiors in most units, reducing near-term capital needs and reinforcing its pride-of-ownership condition. Residents enjoy onsite garage parking and private laundry hookups, while electricity and gas are separately metered and paid directly by the tenants. Located in one of Montebello's most desirable rental pockets, with convenient access to shopping, dining, schools, major transportation routes, and recreational amenities, this property offers the combination investors look for: strong rental fundamentals, desirable construction, quality improvements, and an exceptional North Montebello location. Seller may offer private financing to a well qualified buyer.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$418 USD /SF

# OF UNITS

9

PRICE/UNIT

$252,778

CAP RATE

5.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime 9 Units North Montebello!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,512 SF

ZONING

MNR1YY

APN/PARCEL ID

5267-026-044

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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