CA > Montebello
Montebello, CA 90640,233 N 7th Street
Montebello, CA 90640,233 N 7th Street
Montebello, CA 90640,233 N 7th Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
1
Feb
Sun
2
Feb
Mon
3
Feb
Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$2,388,000
Est. payment /mo
5,408 SqFt
Save

UPDATED:

10/05/2024 02:47 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,408 sqft

Price per Sqft $441

MLS Listing ID CL24433013

HOA Y/N No

Year Built 1960

Lot Size 7,819 Sqft

Acres 0.18

Property Description

We are pleased to present for sale, 6 Deluxe units in a highly desirable North Montebello location, consisting of spacious 2 and 3 bedroom units, ALL OCCUPIED UNITS. Situated just North of Whittier Blvd, this investment opportunity yields excellent cash flow with a 6.11% Cap Rate and 11.15 GRM on scheduled rents. The building has a desirable unit mix of (Four) 3 bed + 1.75 bath and (Two) 2 bed + 1 bath units. With many recent capital improvements, some units have been renovated with new paint, windows, floors, shower, vanity and more. Tenants enjoy the convenience of on-site laundry and covered parking. The upper level units have vaulted ceilings. This property is a short distance to many shops and restaurants on Whittier Blvd. Buyer has the option to Assume the Current CHASE Loan ($925,000) at 3.41% Interest Rate Fixed until 12/2025. Property is subject to the statewide AB1482 rent ordinance, with no local rent control.

Location

State CA

County Los Angeles

Area Listing

Zoning MNR3

Interior

Fireplace No

Laundry See Remarks

Building

New Construction No

Others

Tax ID 6346012022

Read Less Info
Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty

GET MORE INFORMATION

agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

Name

Phone*

Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Real Broker, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(510) 410-4050 to obtain direct assistance.

Go tour this home

233 N 7th Street