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825 S Greenwood Ave 11 Unit Apartment Building $3,380,000 ($307,273/Unit) 5.06% Cap Rate Montebello, CA 90640
Executive Summary
First time on the market in 47 years!! 11 Bungalow buildings each features a 2-bedroom, 1-bathroom unit with an attached garage. Each unit isseparately metered for electricity and gas, with a single water meter. Potentially, additional units may be able to be built in the vacant vacant landin the front
Property Facts
| Price | $3,380,000 | Apartment Style | Low-Rise |
| Price Per Unit | $307,273 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.94 AC |
| Cap Rate | 5.06% | Building Size | 7,904 SF |
| Gross Rent Multiplier | 12.69 | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | ||
| Zoning | R3 | ||
| Price | $3,380,000 |
| Price Per Unit | $307,273 |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| Gross Rent Multiplier | 12.69 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 7,904 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1961 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 11 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 6353-010-010 | Improvements Assessment | $380,512 |
| Land Assessment | $276,316 | Total Assessment | $656,828 |
Property Taxes
Parcel Number
6353-010-010
Land Assessment
$276,316
Improvements Assessment
$380,512
Total Assessment
$656,828
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825 S Greenwood Ave