723 W Mines Avenue
Montebello, CA 90640
0.13 acres | #DW24249652
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!
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,199,000
- MLS #DW24249652
- MLS #DW24249652
- Lot DescriptionFrontYard
- Cost1199000
- Property SubtypeTriplex
- Utility SourcePublic
- InteriorAttic
- Acres0.129
- Year Built1948
- Stories2
- Parking Spaces1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Aldo Baltodano (#DWBALALD)
Listing Office: Greenpoint Real Estate Services (#DWGWI)
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