6 Units | Montebello
Features
- An income-producing asset added onto Buyer’s real estate portfolio | Buyer purchased a very walkable property (80 Walk Score)
- Another Montebello apartment transaction represented by Shant Sherbetdjian | Delivered property fully occupied at close of escrow
- Easy-to-rent spacious 1 Bed + 1 Bath Units | Located in a desirable Montebello neighborhood
- Family owned and operated | Garage parking & recent upgrades | All units are separately metered for gas and electricity
- Off-Market Sale | Represented Buyer on this purchase | Closed escrow with a 3.70% cap rate and 14.73 GRM on current rents
- Walking distance to many shops and restaurants on Whittier Blvd | Minimal landlord maintenance providing a better return on investment
