A lucrative investment opportunity! This property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. Additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. Situated in a desirable Montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. This property boasts commercial zoning, providing exceptional versatility and investment potential.
Property Details
Price:
$1,000,000
MLS #:
SR24237844
Status:
Active
Baths:
0
Address:
1401 W Olympic Boulevard
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
674montebello
City:
Montebello
Listed Date:
Nov 8, 2024
State:
CA
ZIP:
90640
Lot Size:
4,737 sqft / 0.11 acres (approx)
Year Built:
1952
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Park, Sidewalks, Suburban
Electric
Standard
Garage Spaces
4.00
Lot Features
Corner Lot, Park Nearby
Parking Features
Attached Carport, Garage – Two Door
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Insurance
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1401 W Olympic Boulevard Montebello CA
- Area674 – Montebello
- CityMontebello
- CountyLos Angeles
- Zip Code90640
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Courtesy of Luxury Collective. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1401 W Olympic Boulevard
Montebello, CA
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