Montebello, CA 90640,723 W Mines Avenue
Montebello, CA 90640,723 W Mines Avenue
Montebello, CA 90640,723 W Mines Avenue
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$1,199,000
Est. payment /mo
5 Beds
2,717 SqFt
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UPDATED:

01/30/2025 02:14 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,717 sqft

Price per Sqft $441

MLS Listing ID CRDW24249652

Bedrooms 5

HOA Y/N No

Year Built 1948

Lot Size 5,618 Sqft

Acres 0.13

Property Description

Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!

Location

State CA

County Los Angeles

Zoning MNR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s), Other, ENERGY STAR Qualified Equipment

Flooring Laminate

Fireplace No

Laundry Other

Exterior

Exterior Feature Front Yard

Utilities Available Sewer Connected

Total Parking Spaces 5

Building

Lot Description Front Yard

New Construction No

Others

Tax ID 6349028016


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Bridge MLS
Listed by Aldo Baltodano • Greenpoint Real Estate Services

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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723 W Mines Avenue