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233 N 7th St | Montebello CA | 7392116696

Shant Sherbetdjian

This listing was posted on RealtyWW.

$2,388,000

N Th St, Montebello, Home For Sale

Price:
$2,388,000
BR/BA:
10+ BR, 10+ BA
Location:
233 N 7th St, Montebello, CA
Description:

We are pleased to present for sale, 6 Deluxe units in a highly desirable North Montebello location, consisting of spacious 2 and 3 bedroom units. Situated just North of Whittier Blvd, this investment opportunity yields excellent cash flow with a 6.23% Cap Rate and 10.99 GRM on scheduled rents. The building has a desirable unit mix of (Four) 3 bed + 1.75 bath and (Two) 2 bed + 1 bath units. With many recent capital improvements, some units have been renovated with new paint, windows, floors, shower, vanity and more. Tenants enjoy the convenience of on-site laundry and covered parking. The upper level units have vaulted ceilings. This property is a short distance to many shops and restaurants on Whittier Blvd. Buyer has the option to Assume the Current CHASE Loan ($925, 000) at 3.41% Interest Rate Fixed until 12/2025. Property is subject to the statewide AB1482 rent ordinance, with no local rent control.For more details: https://realtyww.info/homes_montebello-d531293/for-sale_i75576605
Property Type:
Single-Family Houses
Amenities:
Parking
Posted:
September 5 on RealtyWW
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More About this Listing: N Th St, Montebello, Home For Sale
N Th St, Montebello, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale at 233 N 7th St in Montebello CA. Find other listings like N Th St, Montebello, Home For Sale and listings near 233 N 7th St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Montebello CA.