1504 W Beverly BLVD new

Montebello,CA 90640

$ 1240000

7 Beds

5 Baths

3583 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,583 sqft

Price per Sqft $346

MLS Listing ID 25569469

Bedrooms 7

HOA Y/N No

Year Built 1955

Lot Size 6,364 Sqft

Property Description

Proudly offered for the first time in over 40 years, this well-maintained Value Add 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry None

Exterior

Parking Features Attached Carport

Total Parking Spaces 5

Building

Faces South

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

School District Montebello Unified

Others

Senior Community No

Tax ID 5294014036

Special Listing Condition Standard

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