Montebello, CA 90640,840 S Greenwood AVE
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Montebello, CA 90640,840 S Greenwood AVE
Montebello, CA 90640,840 S Greenwood AVE
Montebello, CA 90640,840 S Greenwood AVE
Montebello, CA 90640,840 S Greenwood AVE

$3,100,000

Est. payment /mo

$3,200,000

3.1%
Est.Price: ?

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840 S Greenwood AVE Montebello, CA 90640

0.83 Acres Lot

SOLD DATE : 05/30/2023

Key Details

Sold Price $3,100,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23029056

Year Built 1953

Lot Size 0.831 Acres

Property Description

Welcome to Montebello's newest investment opportunity! This charming single-story 10-unit apartment building has recently undergone a fresh exterior paint job, giving it a new and inviting look. The building is nestled in a prime location in the heart of the city, providing easy access to shopping, dining, and entertainment options that Montebello has to offer.

The property features 10 spacious units, each boasting their own laundry hookups. The units have been well-maintained and are in excellent condition. Additionally, the building has been thoughtfully designed with tenant convenience in mind, featuring 10 car garages with easy access to each unit and an additional 18 separate parking spaces.

One of the most attractive features of this property is its separately metered utilities, making it easy for tenants to manage their own bills and ensuring a hassle-free experience for the landlord. This can help to attract long-term tenants and reduce turnover, providing a stable and reliable source of income for the savvy investor.

Overall, this 10-unit apartment building is an exceptional investment opportunity that checks all the boxes for both seasoned investors and those looking to enter the market for the first time. Don't miss your chance to own this gem in Montebello - schedule a viewing today!

Location

State CA

County Los Angeles

Area 674 - Montebello

Interior

Heating Forced Air

Laundry In Garage, Laundry Room

Exterior

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Leo Betancourt • RE/MAX TerraSol • 714-308-7838
Bought with Matthew Guerra • KW Executive
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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