CA > Montebello
Montebello, CA 90640,1401 W Olympic BLVD
Montebello, CA 90640,1401 W Olympic BLVD
Montebello, CA 90640,1401 W Olympic BLVD
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$1,000,000
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4,734 Sqft Lot
Active

1401 W Olympic BLVD Montebello, CA 90640

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Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

12/05/2024 02:16 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24237844

HOA Y/N No

Year Built 1952

Lot Size 4,734 Sqft

Property Description

A lucrative investment opportunity! This property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. Additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. Situated in a desirable Montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. This property boasts commercial zoning, providing exceptional versatility and investment potential.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNC2*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Attached Carport, Door-Multi, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Suburban, Sidewalks, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Near Park

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6350013007

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Xavier Franco • Luxury Collective • 818-321-7401

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agent

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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