List Price: $1.4M

Listing Status: Active

Days on Market: 0

6 Bedrooms · 5 Bathrooms · 2,674 sq ft

Property Type: ResidentialIncome

Year Built: 1953

Lot Size: 6,255 sq ft

Garage Spaces: 4

MLS Number: 26701169

About This Property

We're pleased to present for sale Property 5 of 6 in this exclusive multi-property portfolio, a family-owned and operated asset offering a unique investment opportunity ideally suited for buyers seeking a strong 1031 exchange (upleg) in a high-demand rental pocket. Located in prime North Montebello, just north of Whittier Blvd, the property features an attractive unit mix consisting of one free-standing 2-bedroom, 1-bath home and four 1-bedroom, 1-bath units, catering to a broad tenant base. The asset benefits from pride of ownership, on-site garage parking, and a "Very Walkable" location (Walk Score 79) with convenient access to nearby shops and dining. Additional upside exists through ADU potential, allowing investors to further increase income and overall value. With excellent connectivity to the 60, 5, 710, and 605 freeways, and subject only to AB 1482 with no local rent control, this property offers a compelling combination of stable income, desirable fundamentals, and future growth potential. As part of a 6-property, 47-unit portfolio, investors also have the flexibility to acquire this asset individually or as part of a larger strategic investment. Properties do not have to be sold together. ** Check out the property video link.

Property Photos