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123 S 5th Montebello CA 90640 123 S 5th St 3 Unit Apartment Building $775,000 ($258,333/Unit) Montebello, CA 90640
Executive Summary
Investor opportunity in the City of Montebello! This triplex features three units across two buildings with approximately 1,784 sq. ft. of living space situated on a 5,939 sq. ft. lot. The property was involved in a prior fire, and the rear unit has been deemed uninhabitable by the applicable city/county authorities. The property is zoned R3 - The new investor may develop. The property is being sold AS-IS, and buyers are encouraged to conduct their own inspections and due diligence regarding the property's condition, occupancy status, permits, zoning, repairs, and any governmental requirements. Conveniently located near shopping, dining, schools, and major transportation routes, this property presents an opportunity for investors or buyers seeking a project with future potential.
Property Facts
| Price | $775,000 | Building Class | C |
| Price Per Unit | $258,333 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 1,784 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1946 |
| Property Subtype | Apartment | Parking Ratio | 2.67/1,000 SF |
| Apartment Style | Single-Family Home |
| Price | $775,000 |
| Price Per Unit | $258,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,784 SF |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 2.67/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,300 | - |
| 1+1 | 2 | $1,300 | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 6349-005-021 | Improvements Assessment | $142,226 |
| Land Assessment | $507,470 | Total Assessment | $649,696 |
Property Taxes
Parcel Number
6349-005-021
Land Assessment
$507,470
Improvements Assessment
$142,226
Total Assessment
$649,696
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123 S 5th Montebello CA 90640 | 123 S 5th St