1236 S Greenwood Ave, Montebello, CA 90640

Property Description

We are pleased to present this rare investment offering, 12-unit multi-family property located at 1236 South Greenwood Avenue in the city of Montebello, California. Built in 1987, this two story property is situated on a 0.56 acre lot and has approximately 11,296 rentable square feet. The property is comprised of two buildings with 12 spacious units. The apartments consist of an excellent unit mix of 100 percent two-bedroom/two-bathroom units of approximately 941 square feet. One of the bathrooms in each unit is connected to the bedroom. Two of the downstairs units have direct access to the garages. The building offers 12, two car enclosed garages and an additional nine parking spaces in the back for guests. All units are individually metered for gas and electricity. Each unit has washer and dryer hook-ups and central air conditioning and heat. The well-manicured property has been professionally managed and has gone through many renovations such as new water heaters, a new HAVC system and new flooring in the living room and kitchen areas in selected units. The subject property is located in the city of Montebello off Greenwood Avenue and Date Street, within 10 miles from downtown Los Angeles. Tenants enjoy close proximity to Interstate 5, 605 and 60.