405 6th Street, Montebello

$1,499,000

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8 Beds
4 Baths
.19 Acre
1 Garage

This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity

Essential Information

MLS® #
P1-16420
Price
$1,499,000
Bedrooms
8
Bathrooms
4.00
Acres
0.19
Year Built
1975
Type
Residential Income
Sub-Type
Quadruplex
Status
Active

Community Information

Address
405 6th Street
Area
674 - Montebello
Subdivision
Not Applicable
City
Montebello
County
Los Angeles
Zip Code
90640
Community Features
Street Lights
Senior Community
N

Amenities

Parking Spaces
5
Parking
Assigned, Carport
# of Garages
1
Garages
Assigned, Carport
View
None
Pool
None

Interior

Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Fireplaces
None
# of Stories
1

Exterior

Lot Description
Front Yard

Additional Information

Date Listed
February 5th, 2024
Days on Market
88

Listing Details

Agent
Vicken Tasmajian
Office
Beverly and Company, Inc.
Property History
Price Reduced from $1,599,000 to $1,499,000
Price Reduced from $1,650,000 to $1,599,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 12:37pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.