Welcome to Montebello's newest investment opportunity! This charming COTTAGE STYLE single-story 11-unit/HOME STYLE complex. UPSIDE GALORE. These buildings are nestled in a prime location in the heart of the city, providing easy access to shopping, dining, and entertainment options that Montebello has to offer. The property features 11 spacious units, are well-maintained and are in good condition. Long standing tenancy. 10 of the UNITS are 2 bedroom and 2 bathroom. 1 unit is 3 bedroom and 2 bathroom, each with an attached garage. All units are fully occupied. The property is designed with tenant convenience in mind, featuring 10 car garages with easy access to each unit and an additional separate parking spaces. Huge lot up front for play or further development. One of the most attractive features of this property is its separately metered utilities, making it easy for tenants to manage their own bills and ensuring a hassle-free experience for the landlord. This can help to attract long-term tenants and reduce turnover, providing a stable and reliable source of income for the savvy investor. This building is in R3 zoning and property lot size is just under one acre. Close by to the bus line running on S Greenwood Ave and the Montebello/Commerce Metrolink Station. Overall, this 11-unit complex apartment building is an exceptional investment opportunity that checks all the boxes for both seasoned investors and those looking to enter the market for the first time. Don't miss your chance to own this hidden gem in Montebello - schedule a viewing today!
Listing courtesy of Listing Agent: Julie Newman (firstname.lastname@example.org) from Listing Office: Keller Williams Realty-Studio City.
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.