1504 W Beverly Blvd | Montebello, CA 90640
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1504 W Beverly Blvd
Montebello, CA 90640
Price Reduced $140K | 13.06 GRM | $220K/Unit · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Highly Desirable North Montebello Location (North of Beverly Blvd)
- Family Owned and Operated Since 1982 | Under the Same Ownership for Over 40 Years!
- Minimal Landlord Maintenance | Separately Metered for Gas & Electricity
- Desirable Unit Mix of Spacious (Two) 2 Bed + 1 Bath and (Three) 1 Bed + Bath Units
- All Units Have On-Site Covered Parking | Separate Water Heaters for Each Unit
- Value-Add Opportunity with Realistic Rental Upside Potential of +/- 50%
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,583 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1955/1959 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | MNR3* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,583 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/1959 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | MNR3* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,566 | - |
| 1+1 | 3 | $1,350 | - |
PROPERTY TAXES
| Parcel Number | 5294-014-036 | Improvements Assessment | $285,280 |
| Land Assessment | $101,652 | Total Assessment | $386,932 |
PROPERTY TAXES
Parcel Number
5294-014-036
Land Assessment
$101,652
Improvements Assessment
$285,280
Total Assessment
$386,932
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