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804 N Garfield Ave
Montebello, CA 90640
28 UNITS | NORTH MONTEBELLO | ASSUMABLE LOAN · Multifamily Property For Sale
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28 Units
Investment Highlights
- Excellent North Montebello Location | Two Blocks From Monterey Park
- Across Top Golf, Quiet Cannon Golf Course and is Walking Distance to Montebello Plaza
- Assumable CHASE Loan at 3.65% Interest Rate Until August 2028 | Apprx. Balance $4,326,538
- (12) 2 Bed + 1.75 Bath Units, (8) 2 Bed + 1.5 Bath Townhome Style Units, (8) 1 Bed+ 1 Bath Units
- Most Tenants are Eligible for Rent Increases | Realistic Rental Upside of +/- 22%
- Charming Landscape & Architecture | All Units Have a Balcony or Patio | On-Site Covered Parking
Property Facts
| No. Units | 28 | Lot Size | 0.79 AC |
| Property Type | Multifamily | Building Size | 27,892 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | ||
| Zoning | MNR3YY | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 27,892 SF |
| No. Stories | 3 |
| Year Built | 1963 |
| Zoning | MNR3YY |
Amenities
Unit Amenities
- Refrigerator
- Range
- Carpet
Site Amenities
- Courtyard
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,871 | 600 |
| 2+1.5 | 8 | $2,184 | 800 |
| 2+2 | 12 | $2,103 | 900 |
Property Taxes
| Parcel Number | 5268-002-020 | Improvements Assessment | $3,617,565 |
| Land Assessment | $1,922,956 | Total Assessment | $5,540,521 |
Property Taxes
Parcel Number
5268-002-020
Land Assessment
$1,922,956
Improvements Assessment
$3,617,565
Total Assessment
$5,540,521
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