What a fantastic opportunity to own a recently renovated 6-unit investment property with assume financing. This building is situated in the city of Montebello with onsite gated parking. Such a turn-key value to add onto anyone’s real estate portfolio. All units consist of 1 Bedroom + 1 Bathroom and assist the property owner with the utility costs (via RUBS system). Call or click below for more details.

Transaction Highlights

• HIGHEST RECORD-BREAKING SALE OF $633.68 PER SQUARE FEET | SOLD AT $243,333 PER UNIT
• Escrow closed at 100% full asking price
• Seller's pre-payment penalty waived as buyer assumed the current loan
• Our Team worked hand-in-hand with the Seller preparing their books & records items in time for Buyer's inspection
• Shant represented both buyer and seller in transaction

Investment Highlights

• Prime Turn-Key Investment Purchase located in a desirable central Montebello
• Easy to rent renovated 1 Bedroom + 1 Bathroom Units that are Professional owned, managed and operated
• Two-story building with easy-to-rent spacious 1 Bed + 1 Bath units
• Assumable Loan with 25% Down Payment @ 3.28% Interest Rate, Fixed to April 30, 2027
• Property is subject to AB1482 (Currently 8.8% Annually)
• Walking distance to shopping and dining on Whittier Blvd | Easy Access to the 5, 605, 60 & 710 Freeways