1409 W Olympic Boulevard , 1-4

    Montebello, CA 90640
    • $1,290,000
    • STATUS: Active
    • ON SITE: 81 days
    • ID#: PW19176146
    Price Reduced
    UPDATED: 41 min ago
    $1,290,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,197
      SQFT
    • $404
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Great investment property in city of Montebello. New remodeled income property with good tenants.Brand new wall mount 2 ton air-condition and heater installed in residence unit. New laundry room ready to hookups for each tenant's own machine.3 residential unit and 1 retail unit. Retail unit with kitchen and shower room.There are 3 remote gate in & out on property. one unit is sec. 8 program.Perfect for living with business buyers for current vacant unit. high% CAP INVESTMENT.!!!~Please do not disturb the tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T07:32:00.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Brad Korb Real Estate Group. Licensed in the State of California, USA.
    www.lacountypropertyinfo.com/homes/97287503

    1409 W Olympic Boulevard , 1-4 Montebello, CA 90640

    • Price: $1,290,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: PW19176146
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,197
    SQFT
    $404
    $/SQFT
    1947
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    Great investment property in city of Montebello. New remodeled income property with good tenants.Brand new wall mount 2 ton air-condition and heater installed in residence unit. New laundry room ready to hookups for each tenant's own machine.3 residential unit and 1 retail unit. Retail unit with kitchen and shower room.There are 3 remote gate in & out on property. one unit is sec. 8 program.Perfect for living with business buyers for current vacant unit. high% CAP INVESTMENT.!!!~Please do not disturb the tenants.
    Exterior Features

    Construction Materials Drywall Walls Fence YN Yes Fencing SecuritySee Remarks Garage Spaces 2.00 Lot Features Paved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained Roof See Remarks Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas OvenGas RangeGas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 600 Average2 Bed Area Units Square Feet Average3 Bed Area 900 Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling See Remarks Cooling YN Yes Door Features Insulated Doors Fireplace Features None Fireplace YN No Flooring Laminate Heating See Remarks Heating YN Yes Interior Features Copper Plumbing PartialStone Counters Laundry Features Common AreaGas Dryer HookupWasher Hookup Levels Two Room Type See Remarks

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features SidewalksStreet LightsUrban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 105000.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 83500.00 New Construction YN No New Taxes Expense 16500.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number Wall AC 4 Number With Disposal 2 Number With Range 3 Operating Expense 21500.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasSee RemarksTelephoneTrash Collection Total Actual Rent 6250.00 Total Expenses 700.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1400.00 Water Source Public Year Built Source Assessor Zoning Mnc2*

    Listing provided courtesy of Weon Kang of Bestway Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T07:32:00.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Brad Korb Real Estate Group. Licensed in the State of California, USA.
     
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