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616 Via Altamira, Montebello, CA 90640
Priced at Only: $2,120,000
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Address: 616 Via Altamira, Montebello, CA 90640
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  • MLS#: 25616493 ( )
  • Street Address: 616 Via Altamira
  • Viewed: 1
  • Price: $2,120,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 132
  • Additional Information
  • County: LOS ANGELES
  • City: Montebello
  • Zipcode: 90640
  • Provided by: Remax Commercial and Investment Realty
  • Contact: Shant Shant
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present for sale a well maintained 6 unit multifamily investment property located in the desirable North Montebello area, bordering Monterey Park. This property offers an excellent unit mix, featuring mostly 3 bedroom units, and is professionally managed for ease of ownership. The building features secured entry, gated parking, and an on site laundry room for tenant convenience. Each unit is separately metered for gas and electricity, and most units enjoy pleasant city or hillside views. Recent upgrades include a new 100 gallon central water heater. Ideally situated near the 60, 710, and 5 freeways, the property offers excellent accessibility to major employment and retail centers. The neighborhood is considered "Very Walkable" with a 71 Walk Score, providing easy access to nearby shops, restaurants, and services. This property is only subject to the Statewide AB 1482 Rent Ordinance and not subject to local rent control, allowing for greater flexibility in rent adjustments. ***CHECK OUT THE PROPERTY VIDEO***
Features
Building Area Total
  1. 5986.00
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Individual Room
Levels
  1. Three Or More
Lockboxtype
  1. None
Netoperatingincome
  1. 107594.00
Parcel Number
  1. 5268005009
Parking Features
  1. Covered
Postalcodeplus4
  1. 1740
Sourcesystemkey
  1. 25616493:CLAW
Totalexpenses
  1. 66366.00
Uncovered Spaces
  1. 3.00
Vacancyallowance
  1. 5380
Year Built
  1. 1963
Zoning
  1. MNR3YY
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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