723 W Mines AVE Pending

Montebello,CA 90640

$ 1199000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRDW24249652

Originating Board California Regional MLS

Year Built 1948

Lot Size 5,618 Sqft

Property Sub-Type Fourplex

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

Area 674 - Montebello

Interior

Heating Other,Multi Type,Wall Furnace

Cooling Other,Window / Wall Unit

Flooring Laminate

Laundry 30,38

Exterior

Parking Features Garage,Other

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 6349028016

Special Listing Condition Not Applicable

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