500 S Montebello Blvd | Montebello, CA 90640
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- LoopNet Team
500 S Montebello Blvd
Montebello, CA 90640
Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- First Time on the Market in Over 20 Years
- All Electric Units with Individual Meters and Large Patios
- All Spacious 2 Bedroom 1.5 Bath Townhomes
- Just over $230k/u, $250/ft and Approximate 9% Cap Rate on Market Rents
PROPERTY FACTS
| No. Units | 22 | Lot Size | 0.76 AC |
| Property Type | Multifamily | Building Size | 20,314 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.08/1,000 SF |
| Zoning | MNR3* | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 20,314 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | MNR3* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 22 | $1,310 | 920 |
PROPERTY TAXES
| Parcel Number | 6349-022-044 | Improvements Assessment | $1,841,100 |
| Land Assessment | $3,060,000 | Total Assessment | $4,901,100 |
PROPERTY TAXES
Parcel Number
6349-022-044
Land Assessment
$3,060,000
Improvements Assessment
$1,841,100
Total Assessment
$4,901,100
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