723 W Mines Avenue
Montebello, CA 90640
Active for $1,199,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,618 sqft
| MLS | DW24249652 |
| Year Built | 1948 |
| Property Type | Triplex |
| County | Los Angeles |
| Status | Active |
| Active | $1,199,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,618 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!
Listing information courtesy of: Aldo Baltodano, Greenpoint Real Estate Services 951-833-1030. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Rheka Lira
REALTOR®
Direct: 626.474.5662
Email: Email Me
DRE: 02219061
DRE #01873088
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