Beautiful Homes Real Estate
Daniel Andrade
323-215-9836323-215-9836

432 N Poplar Avenue, Montebello, CA 90640 (MLS # DW20040232)

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PRICE $1,850,000
BEDS n/a
BATHS 0 baths
HOME SIZE 3,916 sq ft
LOT SIZE 15,056 sqft

PRIME 9 UNIT SINGLE STORY INVESTMENT OPPORTUNITY IN THE DESIRABLE AREA OF MONTEBELLO. GENERATING A 5% CAP RATE AND 13.6 GRM ON CURRENT RENTS. THIS FANTASTIC INCOME PRODUCING ASSET IS IN GOOD CONDITION, ACROSS THE STREET FROM THE BEVERLY HOSPITAL AND SOUTH OF BEVERLY BLVD. WITH A UNIT MIX OF EASY TO RENT 1 BEDROOMS (7) AND 2 BEDROOMS (2) UNITS. THE PROPERTY SITS ON A LARGE 15000 + SQUARE FOOT LOT WITH ONE PARKING SPACE PER UNIT. PRIDE IN OWNERSHIP PROPERTY HAS MANY RECENT CAPITAL IMPROVEMENTS (EXTERIOR). PROPERTY IS SEPARATELY METERED FOR GAS AND ELECTRICITY FOR EACH UNIT, PROVIDING NEW OWNER WITH MINIMAL LANDLORD MAINTENANCE. THE PROPERTY'S LOCATION PROVIDES TENANTS WITH ACCESS TO 60 AND 605 FREEWAYS. CONVENIENTLY DISTANCES TO SCHOOLS, SHOPPING, PARKS, DINING AND ENTERTAINMENT. ALL SHOWINGS ARE SUBJECT TO ACCEPTED OFFER. PLEASE E-MAIL FOR MORE INFORMATION AND OFFERING MEMORANDUM.

DAYS ON MARKET 43 LAST UPDATED 3/24/2020
YEAR BUILT 1949 COMMUNITY Montebello
COUNTY Los Angeles TOTAL PARKING 9
STATUS Active PROPERTY TYPE(S) ResidentialIncome

PRICE HISTORY
Prior to Mar 24, '20 $1,800,000
Mar 24, '20 - Today $1,850,000


ADDITIONAL DETAILS
BUILDINGAREAUNITS Square Feet
COMMONINTEREST None
COMMONWALLS No Common Walls
COMMUNITYFEATURES Suburban
ELEVATIONUNITS Feet
GARAGESPACES 0.00
LANDLEASEYN 0
LAUNDRYFEATURES None
LEVELS One
LISTAGENTSTATELICENSE 01805497
LOTFEATURES 0-1 Unit/Acre
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 674 - Montebello
PARCELNUMBER 6347001003
PARKINGFEATURES Assigned
POOLFEATURES None
PRICEPERSQUAREFOOT 472.42
PROPERTYTYPE Residential Income
SENIORCOMMUNITYYN 0
SEWER Public Sewer
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER 5301
WATERSOURCE Public




 
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Listing provided by : David Gomez License # 01805497, Realty Executives Com. & Res.

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/5/20 5:20 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information