1401 W Olympic BLVD new Save Request In-Person Tour Request Virtual Tour
Montebello,CA 90640
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24237844
Year Built 1952
Lot Size 4,734 Sqft
Property Description
A lucrative investment opportunity! This property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. Additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. Situated in a desirable Montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. This property boasts commercial zoning, providing exceptional versatility and investment potential.
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNC2*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Attached Carport,Door-Multi,Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban,Sidewalks,Park
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Building
Lot Description Corner Lot,Near Park
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard