1401 W Olympic Boulevard

Montebello, CA 90640

  • 4 Bed(s)
  • 4 Bath(s)
  • 2,078 Sqft
  • 4737
    Sqft(Lot)
$1,000,000

Description

A lucrative investment opportunity! this property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. situated in a desirable montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. this property boasts commercial zoning, providing exceptional versatility and investment potential.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47744633

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1952
    • Building Area Total: 2,078

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1087
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 4737

  • Listing Price Information

    • Original List Price: 1,000,000
    • Listing Contract Date: 2024-11-08

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6350013007

  • Garage and Parking

    • Garage Description: Attached Carport,Door-Multi,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Insurance

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 674 - Montebello
    • Postal Code Plus 4: 5011
    • Directions: If you’re coming from the east, head west on Olympic Blvd. The property will be on your right. If you’re coming from the west, head east on Olympic Blvd. The property will be on your left.
    • Zoning: MNC2*
    • Source Property Type: Residential Income
    • Area: 674 - Montebello
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 72
    • Common Walls: 2+ Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 4
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/22/2024 @ 14:57

  • MLS: SR24237844
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 2,078 sqft, 4,737 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Montebello , in zip code 90640, this Los Angeles County Home are nearby neighborhoods.