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Listed by: Shant Sherbetdjian (626) 657-8150 DRE #01713570 | Remax Commercial and Investment Realty (213) 817-1000
$2,638,000
22 Beds
- 22 Baths
10,556sqft
500 S 6Th St, Montebello, CA 90640
$2,638,000
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Multi Family
Built in 1962
$-- HOA
16,418 sqft lot
$250/sq.ft
Description
PRICE REDUCED $262,000 ! We are pleased to present for sale Property 4 of 6 within a newly launched 47-unit multifamily portfolio. This well-positioned multifamily asset features 11 spacious two-story, townhome-style units, each offering 2 bedrooms and 1.5 bathrooms, an attractive layout that continues to appeal to long-term tenants. Situated on a prominent corner location, the property benefits from strong street presence and visibility, and it is being offered for the first time in 13 years, presenting a rare opportunity in a tightly held submarket. Currently bringing in 5.93% Cap Rate and 11.10 GRM on Current Rents. The all-electric building sits on a large 16,417 squa...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
10,556 sqft
Lot Size
16,418 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26698721
MLS Status
Active
Days on Market
90
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