723 West Mines Avenue Save Request In-Person Tour Request Virtual Tour
Montebello,CA 90640
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,717 sqft
Price per Sqft $441
MLS Listing ID DW-24249652
Year Built 1948
Lot Size 5,618 Sqft
Property Description
Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!
Location
State CA
County Los Angeles
Zoning MNR3YY
Interior
Heating Wall Furnace,Combination,ENERGY STAR Qualified Equipment
Cooling ENERGY STAR Qualified Equipment,Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup,Washer Hookup
Exterior
Parking Features Garage,Driveway
Garage Spaces 1.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected,Water Connected,Electricity Connected,Natural Gas Connected
Building
Lot Description Front Yard
Sewer Public Sewer