252 South 7th Street Active Save Request In-Person Tour Request Virtual Tour
Montebello,CA 90640
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $661
MLS Listing ID RS-25194732
Style Contemporary
Year Built 1915
Lot Size 5,504 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
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
Area 674 - Montebello
Zoning MNR3*
Interior
Heating Wall Furnace
Flooring Laminate
Fireplaces Type None
Laundry None
Exterior
Parking Features Private,Asphalt,Assigned,Auto Driveway Gate
Pool None
Community Features Curbs,Gutters,Sidewalks,Storm Drains,Street Lights,Suburban
Utilities Available Water Connected,Electricity Connected,Natural Gas Connected
View Y/N No
View None
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer