Now Sold! This rare 5-unit property north of Beverly Blvd has officially changed hands after more than four decades of family ownership. Featuring a desirable mix of spacious two-bedroom and one-bedroom units, the property offered residents covered parking, individual water heaters, and separately metered utilities for minimal landlord responsibilities. Additional income was provided through on-site laundry facilities, while its prime location near Beverly Blvd gave tenants easy access to shopping, dining, and conveniences. Governed only by statewide rent regulations, this sale represented a truly exceptional ownership opportunity in one of the area’s most sought-after neighborhoods.

Transaction Highlights

• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!
• TRANSACTIONAL HIGHLIGHT COMING SOON!

Investment Highlights

• Highly Desirable North Montebello Location | Situated North of Beverly Blvd
• Desirable Unit Mix of Spacious (Two) 2 Bed + 1 Bath and (Three) 1 Bed + 1 Bath Units
• Family Owned & Operated Since 1982 | Under the Same Ownership for Over 40 Years!
• All Units have On-Site Covered Parking | Separate Water Heaters for Each Unit
• Minimal Landlord Maintenance | Separately Metered for Gas & Electricity
• Value-Add Opportunity with Realistic Rental Upside Potential of +/- 55%
• 85 Walk Score' Very Walkable | Walking Distance to Shops & Restaurants on Beverly Blvd
• Only Subject to the Statewide AB1482 Rent Ordinance | No Local Rent Control