8
See all 8 photos
$1,250,000
Est. payment /mo
5 Beds
4 Baths
0.33 Acres Lot
New
724 Date Montebello, CA 90640
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26222717
Bedrooms 5
Lot Size 0.326 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Five-unit residential apartment situated on an approximately 14,212-square-foot lot in Montebello, California. The property consists of two separate single-story buildings, offering a functional layout and convenient access for residents. Each unit is separately metered for gas and electricity and features their own water heater and access to a wall-mounted air conditioning unit. The front residence offers a 2-bedroom, 1-bathroom layout with a private backyard, while the four rear units each feature a 1-bedroom, 1-bathroom layout and share an open common area that provides additional outdoor space for residents. The property's generous lot size offers potential for future income-producing improvements, including possible storage units, subject to applicable zoning and city approvals. The existing detached garage is currently in the owner's possession and may present an additional opportunity for future ADU development, subject to feasibility and required approvals. This property presents investors with an opportunity to acquire a five-unit multifamily asset with potential rental income upside. The combination of existing rental units and potential future improvements offers an opportunity to enhance the property's income-producing capabilities and long-term investment value.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Near the Intersection of Montebello Blvd and Date St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6352002057
Listed by Carlos Skubacz, DRE#01474295 RE/MAX 2000
NEARBY SCHOOL & BUSINESS
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