1031 S Montebello Blvd | Montebello, CA 90640
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- LoopNet Team
1031 S Montebello Blvd
Montebello, CA 90640
New Construction 15 Large Townhomes · Multifamily Property For Sale
·
15 Units
INVESTMENT HIGHLIGHTS
- Brand New 2021 Construction - 100% Occupied and Priced at a 5.05% Cap Rate
- Two-Car Attached Garages, Open Kitchens with Kitchen Island, Private Balconies, Laundry Room with W/D Hook-Ups
- Demand for Multi-Generational Housing Accommodations and Larger Units has Vaulted in Popularity
- All 15 Units are Large 5br/3.75ba TH units (1,750 SF) with Attached Two-Car Garages
- Competitive Advantage in the there are very few Newer Constructed Buildings in this Market Area and Very Few with 5br Units
PROPERTY FACTS
| No. Units | 15 | Building Size | 26,250 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2021 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.52 AC | ||
| Zoning | R3 | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 26,250 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+4 | 15 | $3,775 | - |
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