237 N 7TH Street

    Montebello, CA 90640
    • $840,000
    • STATUS: Pending
    • ON SITE: 33 days
    • ID#: 19500588
    Pending
    UPDATED: 43 min ago
    $840,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,783
      SQFT
    • $302
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    We are pleased to present a Great Opportunity in Excellent North Montebello, Located between the Major Retail Corridors of Beverly Blvd & Whittier Blvd. This Prime Investment Offers a Detached Home in the front, consisting of a 3 Bedroom + 1.75 Bathroom + Den, sizing approximately 1,727 Sq.Ft. and (2) Easy-To-Rent 1 Bedroom + 1 Bathroom Units. Tenants Enjoy the Ease & Comfort of the On-Site Laundry Room and Landlord Enjoys the Minimal Maintenance Expense as All Units are Separately Metered for Gas & Electricity with Water Heaters for Each Unit. An Attractive Garden Layout, this property provides Garage Parking for All Units. Situated nearby Schools, Parks, Shopping, Entertainment & Freeways are Great Benefits for Tenants Use. Providing Realistic Rental Upside in Rents, a great addition to any Investment Portfolio.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T19:46:48.63. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/98049074

    237 N 7TH Street Montebello, CA 90640

    • Price: $840,000
    • Status: Pending
    • Updated: 43 min ago
    • ID#: 19500588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,783
    SQFT
    $302
    $/SQFT
    1952
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    We are pleased to present a Great Opportunity in Excellent North Montebello, Located between the Major Retail Corridors of Beverly Blvd & Whittier Blvd. This Prime Investment Offers a Detached Home in the front, consisting of a 3 Bedroom + 1.75 Bathroom + Den, sizing approximately 1,727 Sq.Ft. and (2) Easy-To-Rent 1 Bedroom + 1 Bathroom Units. Tenants Enjoy the Ease & Comfort of the On-Site Laundry Room and Landlord Enjoys the Minimal Maintenance Expense as All Units are Separately Metered for Gas & Electricity with Water Heaters for Each Unit. An Attractive Garden Layout, this property provides Garage Parking for All Units. Situated nearby Schools, Parks, Shopping, Entertainment & Freeways are Great Benefits for Tenants Use. Providing Realistic Rental Upside in Rents, a great addition to any Investment Portfolio.
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 15.89 Gross Operating Income 51274.00 Improvements Amount 301920 Insurance Expense 1113.00 Land Value 451860 Laundry YN Yes Maintenance Expense 2051.00 Net Operating Income 32539.00 Other Expense 480.00 Special Listing Conditions Standard Total Expenses 18735.00 Trash Expense 1776.00 Water Sewer Expense 624.00 Zoning Mnr3yy

    Listing provided courtesy of Shant Sherbetdjian of Remax Commercial And Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T19:46:48.63. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.
     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003