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Listed by Kirk Mulhearn • Mark 1 Real Estate Inc
$1,525,000
Est. payment /mo
2,304 SqFt
Active
252 S 7th Street Montebello, CA 90640
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $661
MLS Listing ID CRRS25194732
HOA Y/N No
Year Built 1915
Lot Size 5,504 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Property was recently renovated in 2023, Note this listing has a 3.28% assumable 1st TD. Whether you’re a new buyer seeking a stable income property in a prime location or a seasoned investor looking to expand your portfolio or place a 1031 exchange, these units offer the perfect blend of current cash flow and future appreciation. Because of stable tenant demand for this neighborhood with historically low vacancy rates, this property is currently full. Excellent long-term growth potential. Situated on a quiet residential street yet conveniently close to shopping, dining, schools. It combines neighborhood charm with urban accessibility with classic curb appeal on a corner location. A rare chance to acquire this well-maintained two-story, six-unit apartment building in the heart of Montebello, one of Los Angeles County’s most desirable rental markets. Easy freeway access, the building is located equi-distant from the 60, 5 and 605 freeways.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Laundry No Hookups
Exterior
View None
Handicap Access Other
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