$2,420,000
$2,549,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
0.56 Acres Lot
SOLD DATE : 02/11/2015
Key Details
Sold Price $2,420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV14242533
Sold Date 02/11/15
HOA Y/N No
Year Built 1987
Tax Year 2013
Lot Size 0.562 Acres
Property Description
We are pleased to present this rare investment offering, 12-unit multi-family property located at 1236 South Greenwood Avenue in the city of Montebello, California. Built in 1987, this two story property is situated on a 0.56 acre lot and has approximately 11,296 rentable square feet. The property is comprised of two buildings with 12 spacious units. The apartments consist of an excellent unit mix of 100 percent two-bedroom/two-bathroom units of approximately 941 square feet. One of the bathrooms in each unit is connected to the bedroom. Two of the downstairs units have direct access to the garages. The building offers 12, two car enclosed garages and an additional nine parking spaces in the back for guests. All units are individually metered for gas and electricity. Each unit has washer and dryer hook-ups and central air conditioning and heat. The well-manicured property has been professionally managed and has gone through many renovations such as new water heaters, a new HAVC system and new flooring in the living room and kitchen areas in selected units. The subject property is located in the city of Montebello off Greenwood Avenue and Date Street, within 10 miles from downtown Los Angeles. Tenants enjoy close proximity to Interstate 5, 605 and 60.
Location
State CA
County Los Angeles
Area 674 - Montebello
Interior
Fireplace No
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Available
Total Parking Spaces 21
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 6354004033
Acceptable Financing Submit
Listing Terms Submit
Financing Trust Deed
Special Listing Condition Standard
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Bought with Shant Sherbetdjian • Remax Commercial and Investmen