Montebello, CA 90640,1236 S Greenwood AVE

$2,420,000

$2,549,000

5.1%
Est.Price: ?

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Est. payment /mo

0.56 Acres Lot


SOLD DATE : 02/11/2015

Key Details

Sold Price $2,420,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV14242533

Sold Date 02/11/15

HOA Y/N No

Year Built 1987

Tax Year 2013

Lot Size 0.562 Acres

Property Description

We are pleased to present this rare investment offering, 12-unit multi-family property located at 1236 South Greenwood Avenue in the city of Montebello, California. Built in 1987, this two story property is situated on a 0.56 acre lot and has approximately 11,296 rentable square feet. The property is comprised of two buildings with 12 spacious units. The apartments consist of an excellent unit mix of 100 percent two-bedroom/two-bathroom units of approximately 941 square feet. One of the bathrooms in each unit is connected to the bedroom. Two of the downstairs units have direct access to the garages. The building offers 12, two car enclosed garages and an additional nine parking spaces in the back for guests. All units are individually metered for gas and electricity. Each unit has washer and dryer hook-ups and central air conditioning and heat. The well-manicured property has been professionally managed and has gone through many renovations such as new water heaters, a new HAVC system and new flooring in the living room and kitchen areas in selected units. The subject property is located in the city of Montebello off Greenwood Avenue and Date Street, within 10 miles from downtown Los Angeles. Tenants enjoy close proximity to Interstate 5, 605 and 60.

Location

State CA

County Los Angeles

Area 674 - Montebello

Interior

Fireplace No

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Available

Total Parking Spaces 21

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story Two

Entry Level Two

Water Public

Level or Stories Two

Others

Tax ID 6354004033

Acceptable Financing Submit

Listing Terms Submit

Financing Trust Deed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by EDWARD PAN • MARCUS & MILLICHAP
Bought with Shant Sherbetdjian • Remax Commercial and Investmen
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