A rare opportunity to own a well maintained 5-unit property in a highly sought after location north of Beverly Blvd. Featuring a desirable mix of spacious two-bedroom and one-bedroom units, this property has been under the same family ownership for over four decades. Residents enjoy the convenience of covered parking, individual water heaters, and separately metered utilities, ensuring minimal landlord responsibilities. Additional income potential comes from on-site laundry facilities, while the property’s proximity to Beverly Blvd offers easy access to local shops and dining. Subject to statewide rent regulations, this is an offering you won’t want to miss.

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