723 W Mines Avenue

Montebello, CA 90640

$1,199,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1948

calendar_month Built

Property 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!

Listing Information

List Price $1,199,000
Status Active
MLS DW24249652
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1948
Lot Size 5,618
Structure Size N/A
DOM 2
Courtesy Of Greenpoint Real Estate Services
Listing Agent Aldo Baltodano DRE#01879659
Co-Listing Agent Tracy Ly DRE#02076053

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Attic
Cooling Type
Cooling Type ENERGY STAR Qualified Equipment, Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Aldo Baltodano, Tracy Ly, Greenpoint Real Estate Services 951-833-1030. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 21st, 2024 at 12:29 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.