Showcasing this exceptional investment opportunity expertly SOLD by Southern California Apartment Group, lead by Shant Sherbetdjian. The successful sale of a pristine 4-unit property in Montebello. With its sought-after single-story design, ideal unit mix, and prime location near schools and amenities, this gem has found its new owner, promising lucrative returns and potential for value addition. For more sold listings and investment opportunities, reach out to us directly!

Transaction Highlights

• Our Creative Marketing Campaign Produced a Total of 7 Offers Just in the First Week of Marketing!
• Shant Sherbetdjian's Strategy to Obtain the Highest and Best Terms Resulted with Offers Over the Asking Price
• Multiple Offers Received
• SOLD at 20.35 GRM & 2.00% Cap Rate on Current Rents
• Our Team Worked Hand-in-Hand with the Seller Preparing Their Books & Records Items in Time for all the Buyer's Inspection
• Closed Escrow at $51,000 OVER THE ASKING PRICE!
• Shant Sherbetdjian Delivers the Very Best Prices for His Clients!
• Long-Time Apartment Owner No Longer Wanted to Deal with California’s Stringent Rent Control Laws
• Another Montebello Apartment Transaction Sold by Shant Sherbetdjian

Investment Highlights

• First Time Property is Being Offered for Sale in Over 27 Years!
• HIGHLY DESIRABLE SINGLE-STORY CONSTRUCTION IN NORTH MONTEBELLO
• EXCELLENT UNIT MIX (2) 2 Bedroom + 1 Bathroom Units &(2) 1 Bedroom + 1 Bathroom Units
• Separately Metered for Gas & Electricity
• Enclosed Garage Parking & Secured Entry
• Four Separate Laundry Rooms | Minimal Landlord Maintenace
• Rental Upside Potential | Opportunity to Add-Value | Property is Subject to Statewide AB1482 Rent Ordinance
• Walking Distance to Many Schools, Shops, Restaurants & Dining on W Beverly Blvd