137 N 3rd Street Montebello, CA 90640
10 bed / 5 bath / 4,032 Sq. Ft. / 6,247 Sq. Ft., 0.143 acres lot size / Other
Status: Sold
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We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.29 GRM and a 5.43% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).
property details
Type
Other
Status
Closed
County
Los Angeles
Year Built
1965
Beds
10
Sq. Ft.
4,032
Lot Size
6,247 Sq. Ft., 0.1 acres
Listing Id
25508355
Courtesy Of
Shant Sherbetdjian - Remax Commercial and Investment Realty +1 213 817 1000
List Office Phone
+1 213 817 1000
Interior Features
Living Area Units
Sq. Ft.
Bathrooms Total
5
Exterior Features
Parking
Garage
Stories
2
Parking Spaces
5
Utility & Building Info
Parcel Number
6346023012
Building Area Total
4,032 Sq. Ft.
Price Per Sq Ft
$445
Architectural Style
2 Story
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Price History
| date | event | price | source |
|---|---|---|---|
|
04/21/2025
04/21/2025
|
Sold |
$1,700,000
|
CA Regional MLS (CRMLS) |
|
04/02/2025
04/02/2025
|
Pending |
$1,795,000
|
CA Regional MLS (CRMLS) |
|
03/07/2025
03/07/2025
|
Active |
$1,795,000
|
CA Regional MLS (CRMLS) |
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