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$2,935,000

Beds
Unknown
sq ft
Unknown

540 S 6th St, Montebello, CA 90640

540 S 6th St

Montebello, CA 90640

  • 37 days on market
Welcome to this great 9 unit Apartment Building is Located on South 6th Street in Central Montebello ( Between Mines Avenue & Central Avenue. This is a great investment opportunity in a Prime Montebello Area! This Building offers (One) 3 Bedroom 2.5 Bath Two-Story Spacious Townhome, (One) 2 Bedroom 1 Bath and (Six) 1 Bedroom 1 Bath with an additional (One) Non-Conforming Studio. Property is legally 8 units.The property has remolded with Newer Windows , Newer Kitchen with Newer Floors & Plumbing. There is a common coin operated laundry room on the ground level along with a 100 gallon central gas water heater. Laundry machines are owned by the landlord (not leased) There is covered parking for 11 cars with storage cabinets.

Details

Property type

Apartment

Est. home value

$2,517,486

Lot size

0.2395 acres

Price per sq ft

Unknown

Year built

1964

HOA

No

Price History

11/16/2024
CRMLS

CRMLS #AR24232453

Listed
$2,935,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Pacific Bank

Loan start date

August 2019

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

3.48%

Loan type

Commercial

Seller

Kensing Development Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 11:00 PM

Listing updated: 12/05/2024 at 3:11 AM

Listed by: Johnny Lam, Treeline Realty & Investment Phone #: (626) 656-2889

MLS: CRMLS #AR24232453

CRMLS logo

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