468 Concourse Avenue

    Montebello, CA 90640
    • $790,000
    • STATUS: Closed
    • ON SITE: 117 days
    • ID#: WS18170444
    Sold - 09/26/2018
    $790,000
    SOLD - 09/26/2018
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,371
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    **EXCELLENT INVESTMENT OPPORTUNITY IN NORTH MONTEBELLO w/ NO RENT CONTROL * Well Maintained quadplex on corner lot, one block south of Beverly Blvd, near Garfield. This complex situated in residential area among private SFR homes and within walking distance to stores and restaurants. Complex has four (4) units with separate electric and gas meters, all units have laundry hook-up. New water heaters in all (4) units last year. New electric power panels installed 2 years ago for all units, all kitchens and baths have been remodeled in past few years, 3 units upgraded to dual pane windows, 2 units have custom plantation window shutters, New exterior stucco (1 year old). Majority of plumbing upgraded to copper. Insulation in all attics. Roof 10 years old. Three garages (single car).

    Sold by Eddie Flores of Hope Realty Whittier.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T12:28:28.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.kimmeeker.com/homes/85952714

    468 Concourse Avenue Montebello, CA 90640

    • Price: $795,000
    • Status: Closed
    • Updated: 24 min ago
    • ID#: WS18170444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,371
    SQFT
    $333
    $/SQFT
    1949
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    **EXCELLENT INVESTMENT OPPORTUNITY IN NORTH MONTEBELLO w/ NO RENT CONTROL * Well Maintained quadplex on corner lot, one block south of Beverly Blvd, near Garfield. This complex situated in residential area among private SFR homes and within walking distance to stores and restaurants. Complex has four (4) units with separate electric and gas meters, all units have laundry hook-up. New water heaters in all (4) units last year. New electric power panels installed 2 years ago for all units, all kitchens and baths have been remodeled in past few years, 3 units upgraded to dual pane windows, 2 units have custom plantation window shutters, New exterior stucco (1 year old). Majority of plumbing upgraded to copper. Insulation in all attics. Roof 10 years old. Three garages (single car).
    Exterior Features

    Garage Spaces 3.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.00 Community Features Suburban Country Us Elevation Units Feet Gross Income 0.00 Gross Scheduled Income 49200.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 44700.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 4500.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4100.00 Total Expenses 3900.00 Trash Expense 1800.00 Water Sewer Expense 2100.00 Water Source Public Year Built Source Assessor Zoning Mnr1yy

    Listing provided courtesy of Edward Lopez of Calmex Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T12:28:28.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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