45
See all 45 photos
$1,199,000
Est. payment /mo
5,618 Sqft Lot
Pending
723 W Mines AVE Montebello, CA 90640
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UPDATED:
03/05/2025 07:19 PM
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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Listed by Aldo Baltodano • Greenpoint Real Estate Services