3101 Via San Delarro, Montebello, CA 90640

$2,275,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,275,000
Status
ACTIVE
MLS#
CV26183794
Year Built
1947
Lot Size
11,512
Acres
0.26
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Just Listed! Rare opportunity to acquire a pride-of-ownership 9-unit apartment property in a highly desirable North Montebello location, just north of Beverly Boulevard and steps from Quiet Cannon Golf Course. Offering an excellent combination of location, property condition, and desirable unit sizes, this well-maintained asset is ideally positioned for investors seeking a quality long-term multifamily investment. The property is comprised of three individual triplex structures with an attractive unit mix of three 2-Bedroom/1-Bath units and six 1-Bedroom/1-Bath units. Six of the units feature desirable single-level construction, while three units are positioned above garage parking. In total, the property offers approximately 5,439 rentable square feet on an 11,512 sq. ft. lot. The property has benefited from numerous improvements, including updated electrical subpanels throughout and updated interiors in most units, reducing near-term capital needs and reinforcing its pride-of-ownership condition. Residents enjoy onsite garage parking and private laundry hookups, while electricity and gas are separately metered and paid directly by the tenants. Located in one of Montebello's most desirable rental pockets, with convenient access to shopping, dining, schools, major transportation routes, and recreational amenities, this property offers the combination investors look for: strong rental fundamentals, desirable construction, quality improvements, and an exceptional North Montebello location. Seller may offer private financing to a well qualified buyer.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Shingle
Garage Spaces Total
9
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$192,120
Operating Expense
66189

Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.