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Nicole Van Parys & Gary Nesen

[email protected] +1(805) 795-1880

Listed by Aldo Baltodano • Greenpoint Real Estate Services

$ 1,199,000

Est. payment -/mo

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723 West Mines Avenue Montebello, CA 90640

2,717 SqFt

UPDATED:

12/21/2024 01:33 AM

Key Details

Property Type Single Family Home

Listing Status Active

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

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

Nicole Van Parys & Gary Nesen

723 West Mines Avenue Montebello, CA 90640

Key Details

Location

Interior

Exterior

Building

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723 West Mines Avenue