400 South Maple Avenue, Montebello, CA 90640

$1,549,000 Approx. USD 0 beds, 0 baths
6,504 sqft

Agent Remarks

Back on Market with a huge price reduction. 11 unit apartment complex in the center of Montebello, within walking distance of Montebello City Hall, major commerce & industrial businesses, Metrolink Station and Montebello City Park. Great potential for some serious cash flow with some updating and raising rents that some have not been raised in several years. Each unit is separately metered for electric & gas and the water is master metered. The complex has 10 parking spaces in a central parking lot in the rear. Most of the windows are newer and at least half of the water heaters are newer with some units having copper plumbing. This is a great property with tons of potential that can complement your investment portfolio. Public records show all units as 1 bedroom but 3 units have been converted to 2 bedroom units by a previous owner.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW15262261
List price is $1,549,000 Reduced by $66,000 on 5/18/2016
Beds: 0
Baths: 0
Built in 1949
6,504 sqft
2 stories
0.30 acres
Lot size: 13293.000
County: Los Angeles
MLS area: 674 - Montebello

Last Updated: 7/8/2016

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This listing belongs to the 674 - Montebello MLS area

Lat/Long: 34.007229, -118.117691.
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Broker: Courtesy of T.N.G. Real Estate Consultants
Listing Agent: Carlos Barron

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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