8 Units | Montebello
An exceptional pride-of-ownership opportunity in one of Montebello’s most desirable neighborhoods. This rare property has been family-owned for nearly four decades and is now being offered for the first time in 38 years. Featuring spacious units, garage parking, and a garden-style layout, it sits on a corner lot with excellent walkability and strong curb appeal. Click to watch the video!
Investment Highlights
- This exceptional property is situated in the highly desirable North Montebello area, conveniently located between Beverly Boulevard and Whittier Boulevard, offering residents easy access to shops, restaurants, and community amenities.
- Comprising 8 oversized units within two side-by-side fourplexes, the property provides spacious living accommodations and represents a true pride-of-ownership opportunity.
- Owned and meticulously cared for by the same family since 1987, this asset is being offered for sale for the very first time in 38 years, making it a rare and unique investment opportunity.
- With two separate parcels, each unit is enhanced by private garage parking, and there is also potential for additional value through the addition of ADUs.
- Every unit is separately metered for gas and electricity and equipped with its own water heater, reducing ownership expenses and ensuring straightforward utility management.
- Electrical panels fully updated, eliminating costly concerns for new owners.
- Positioned on a prominent corner lot, the property boasts excellent curb appeal and an impressive 80 Walk Score, highlighting its pedestrian-friendly location and overall desirability.
- Governed solely by the statewide AB1482 Rent Ordinance, the property is not subject to any additional local rent control restrictions, offering investors greater flexibility in management and operations.