Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1239 Beach Street, Montebello, CA 90640
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    • MLS#: AR24193174 ( Multi Family )
    • Street Address: 1239 Beach Street
    • Viewed: 7
    • Price: $2,800,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1972
    • Bldg sqft: 0
    • Days On Market: 115
    • Additional Information
    • County: LOS ANGELES
    • City: Montebello
    • Zipcode: 90640
    • Provided by: PureMotive Realty Inc.
    • Contact: Samuel Samuel
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Located at 1239 Beach St, this 12 unit apartment complex is an investor's dream. Priced at $2,800,000, it is competitively trading at just $233,000 per door, offering an attractive entry point for investors seeking strong upside potential. The property boasts 24 bedrooms and 12 bathrooms, spread across 9,194 square feet on a lot of 12,746 square feet. Built in 1972, this well maintained complex features 12 units with most tenants on month to month leases, providing flexibility for immediate value add opportunities. Additionally, the owner may be open to negotiating for a few upgrades, making this an ideal prospect for investors aiming to enhance returns through strategic updates. Situated in a highly walkable area (Walk Score: 84) and part of the desirable Montebello Unified School District, this property is perfectly positioned for future growth in both value and rental income.
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    Features
    Assetclass
    1. Multi-Family
    Building Area Total
    1. 9194.00
    Commoninterest
    1. None
    Country
    1. US
    Land Use
    1. Multi-Family
    Laundry Features
    1. Common Area
    Parcel Number
    1. 6353011027
    Property Type
    1. Multi Family
    Water Source
    1. Public
    Year Built
    1. 1972
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836