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424 W Lohart Ave
Montebello, CA 90640
6 Units | 1-Vacant | ADU Potential | Upside · Multifamily Property For Sale · 6 Units

Investment Highlights

  • 100% Two-Bedroom, One-Bathroom Units
  • 1-Unit Currently Vacant
  • 14 Parking Spaces
  • Approximately 30% Upside in Rents after Unit Renovations
  • 3 Detached Garages & Tuck Under Parking with potential for ADU Conversion
  • AB1482 Rent Control allowing 5% Annual Increases plus CPI

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,578 SF
Average Occupancy 83%
No. Stories 2
Year Built 1979
Parking Ratio 2.83/1,000 SF
Zoning R3, Montebello - restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Balcony

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,949 750

Property Taxes

Property Taxes

Parcel Number
6349-020-052
Land Assessment
$1,042,249
Improvements Assessment
$607,598
Total Assessment
$1,649,847
  • Listing ID: 34777002

  • Date on Market: 2/10/2025

  • Last Updated:

  • Address: 424 W Lohart Ave, Montebello, CA 90640

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