tomo logo

$1,795,000

Beds
10
sq ft
4,032

137 N 3rd St, Montebello, CA 90640

137 N 3rd St

Montebello, CA 90640

  • 24 days on market
We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.30 GRM and a 5.47% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).

Details

Property type

Lot size

6,246 sq ft

Price per sq ft

$446

Year built

1965

HOA

No

Price History

03/07/2025
CLAW

CLAW #25508355

Listed
$1,795,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 03/31/2025 at 2:45 PM

Listing updated: 03/15/2025 at 5:30 AM

Listed by: Shant Sherbetdjian, Remax Commercial and Investment Realty Phone #: (213) 817-1000

MLS: CLAW #25508355

CLAW logo

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