723 W Mines Avenue

Montebello, CA 90640

  • 5 Bed(s)
  • 4 Bath(s)
  • 2,735 Sqft
  • 5618
    Sqft(Lot)
$1,199,000

Description

Amazing investment opportunity in montebello, ca. explore this exceptional multi-family property featuring a 3 apartment units and a modern adu, offering the next owner four rental units in one prime location! this multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. front unit: spacious 3-bedroom, 1-bath apartment. rear units: two well-maintained 1-bedroom, 1-bath apartments. adu: recently converted garage featuring a modern studio apartment. the front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant adu and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. key highlights: units are in great condition, with some recently remodeled - each unit comes with oven range and indoor washer/dryer hookups - centrally located with easy access to downtown la, orange county, shopping, beaches, and more. - owner covers water , trash and landscaping; tenants are responsible for gas and electricity. this property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48128116

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Attic
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • ENERGY STAR Qualified Equipment,Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Combination,ENERGY STAR Qualified Equipment,Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1948
    • Building Area Total: 2,735

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.129
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5618

  • Listing Price Information

    • Original List Price: 1,199,000
    • Listing Contract Date: 2024-12-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6349028016

  • Garage and Parking

    • Garage Description: Driveway,Garage

    Homeowners Association

    Rental Info

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

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 674 - Montebello
    • Postal Code Plus 4: 5546
    • Directions: Mines and Montebello Ave
    • Zoning: MNR3YY
    • Source Property Type: Residential Income
    • Area: 674 - Montebello
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 76
    • Common Walls: 1 Common Wall
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
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BuyOwner last updated this listing 12/21/2024 @ 22:14

  • MLS: DW24249652
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,735 sqft, 5,618 sized lot, and 1 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.