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137 N 3rd St
Montebello, CA 90640
5 Units North Montebello 100% 2bed/1bath · Multifamily Property For Sale
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5 Units
Investment Highlights
- Desirable North Montebello Location | Situated North of Whittier Blvd | First Time Offered For Sale in 15 Years!
- On-Site Laundry Room (with Owner-Owned Laundry Machines) | Separately Metered for Gas & Electricity | Garage Parking for All Units
- Considered Very Walkable (83 Walk Score) | Walking Distance to Shops & Restaurants on Whittier Blvd | Conveniently Located Near the 5, 60 and 605 Free
- Excellent Unit Mix Consisting of Spacious 2 Bedroom + 1 Bathroom Units | Strong In-Place Rents with Rental Upside Potential
- 12.29 GRM & 5.43% Cap Rate on Current Rents | Capital Improvements (Full Copper Plumbing, Updated Electrical Panels, All New Vinyl Windows)
- Property is only Subject to Statewide AB1482 Rent Control | No Local Rent Control
Property Facts
| No. Units | 5 | Building Size | 4,032 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | MNR3YY | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,032 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | MNR3YY |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $2,382 | 806 |
Property Taxes
| Parcel Number | 6346-023-012 | Improvements Assessment | $693,600 |
| Land Assessment | $1,040,400 | Total Assessment | $1,734,000 |
Property Taxes
Parcel Number
6346-023-012
Land Assessment
$1,040,400
Improvements Assessment
$693,600
Total Assessment
$1,734,000
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