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Listing Details

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MLS #
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School Ratings & Info

Description

We are pleased to present 3 single story units in excellent North Montebello location, just 1/2 block south of Beverly Blvd. First time offered for sale in almost 20 years. With opportunity to add-value, this property qualifies for residential financing and has a substantial rental upside potential of +/- 71%. These easy-to-rent spacious single story 1 bedroom units have laundry hook-ups in each unit and are separately metered for gas and electricity. Tenants enjoy the ease and comfort of garage parking and location of a quiet street close to single family homes, as well as walking distance to shops and restaurants on Beverly Blvd.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T18:42:44.9. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/120904915
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1521 W Beverly Ter Montebello, CA 90640

  • Price: $800,000
  • Status: Active
  • Updated: 37 min ago
  • MLS #: 21-777600
3
Beds
0
Baths
0
½ Baths
0.16
Acres
1,793
SQFT
$446
$/SQFT
1948
Built
Neighborhood:
Montebello
County:
Los Angeles
Area:
Montebello
Property Description
We are pleased to present 3 single story units in excellent North Montebello location, just 1/2 block south of Beverly Blvd. First time offered for sale in almost 20 years. With opportunity to add-value, this property qualifies for residential financing and has a substantial rental upside potential of +/- 71%. These easy-to-rent spacious single story 1 bedroom units have laundry hook-ups in each unit and are separately metered for gas and electricity. Tenants enjoy the ease and comfort of garage parking and location of a quiet street close to single family homes, as well as walking distance to shops and restaurants on Beverly Blvd.
Exterior Features

Lot Size Area 6860 Other Structures None Parking Garage Garage Total Parking 3

Interior Features

Baths Total 3.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 330929 Gross Income 34800 Gross Operating Income 33756 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 16932.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 16824 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Mnr3yy

Listing provided courtesy of Shant Sherbetdjian DRE#01713570 of Remax Commercial And Investment Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T18:42:44.9. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210