612 N Garfield Avenue

    Montebello, CA 90640
    • $835,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: CV18110201
    UPDATED: 51 min ago
    $835,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,656
      SQFT
    • $314
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    For your consideration a well maintained 4 unit building minutes to the 60 freeway and 15 minutes to the L A Civic Center and Cal State Los Angeles. Most community support services and bus service are in close proximity. The property has been well maintained including fresh exterior paint, 1 year new roof, copper plumbing, 4 X 1 car garages, laundry hookups in the 1 bedroom units. These bread and butter units which are located an outstanding rental area and are great for investor adding to their portfolio or an exceptional buy for up leg on a 1031 exchange. This is also an ideal purchase as an owner/user looking to offset their mortgage while taking advantage of the appreciating market. There is a large potential upside in the rents due to long term tenants over 10 years.Don't Miss Out, There is Limited Inventory In This Fast Paced Market.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T21:29:32.367. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83442632

    612 N Garfield Avenue Montebello, CA 90640

    • Price: $835,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: CV18110201
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,656
    SQFT
    $314
    $/SQFT
    1954
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    For your consideration a well maintained 4 unit building minutes to the 60 freeway and 15 minutes to the L A Civic Center and Cal State Los Angeles. Most community support services and bus service are in close proximity. The property has been well maintained including fresh exterior paint, 1 year new roof, copper plumbing, 4 X 1 car garages, laundry hookups in the 1 bedroom units. These bread and butter units which are located an outstanding rental area and are great for investor adding to their portfolio or an exceptional buy for up leg on a 1031 exchange. This is also an ideal purchase as an owner/user looking to offset their mortgage while taking advantage of the appreciating market. There is a large potential upside in the rents due to long term tenants over 10 years.Don't Miss Out, There is Limited Inventory In This Fast Paced Market.
    Exterior Features

    Garage Spaces 4.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedGarage Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Gas RangeGas StoveGas Water HeaterRange/Stove Hood Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One Above Heating Wall Heater Heating YN Yes Laundry Features Gas Dryer HookupInsideWasher Hookup

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStorm DrainsStreet Lighting Country Us Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 4750.00 Gross Scheduled Income 57000.00 Insurance Expense 650.00 Land Lease YN No Laundry YN Yes Net Operating Income 52200.00 New Taxes Expense 10000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 4800.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 4800.00 Trash Expense 1800.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Mnr3yy

    Listing provided courtesy of Xavier Bravo of Federal Brokers.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T21:29:32.367. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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