Bought with YVONNE MATLOFF • TSE REALTY & MANAGEMENT SERVIC
$4,500,000
$4,500,000
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819 S Greenwood Avenue Montebello, CA 90640
12,414 SqFt
Key Details
Sold Price $4,500,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 12,414 sqft
Price per Sqft $362
MLS Listing ID CRAR21028088
Year Built 1959
Lot Size 0.935 Acres
Property Sub-Type Other
Property Description
Great investment opportunity to purchase a bungalow style single story 17 unit multi family apartment building situated on a huge 40,740 SF lot. Prime Montebello Area. Close to transportation, bus and metro link. NO vacancies, no unpaid rents, 100% occupied, plenty of parking spaces and garages. 9 buildings, great unit mix, one house 3 bedrooms/2 baths, one car garage and one parking space, 13 units 2 bedrooms/1 bath each with an attached one car garage and one parking space, and 3 units 1 bedroom/ 1 bath with one parking space. Each unit has it's own yard, common area laundry facility and an on site manager. Marketable rent, high cap, low maintenance, easy to manage, and separate utility meters. Also an excellent investment and development opportunity for a 1031 exchange Buyer.
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate, Wood
Laundry Community Facility, Dryer, Washer
Exterior
View None
Building
Water Public
Read Less
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