Montebello, CA 90640,411 W LOHART AVE
See all 26 photos
Montebello, CA 90640,411 W LOHART AVE
Montebello, CA 90640,411 W LOHART AVE
Montebello, CA 90640,411 W LOHART AVE
Montebello, CA 90640,411 W LOHART AVE

$2,350,000

Est. payment /mo

$2,430,000

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

411 W LOHART AVE Montebello, CA 90640

0.3 Acres Lot

SOLD DATE : 04/07/2020

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 19537318

Sold Date 04/07/20

HOA Y/N No

Year Built 1973

Lot Size 0.300 Acres

Property Description

We are pleased to present a great opportunity to own in Desirable Montebello. A well-maintained 10 Unit Townhome-Style Apartment Building with an Excellent Unit Mix of ALL 2 Bedroom & 1.5 Bathroom units. Property features Newer 1973 Construction, Large Units Averaging 823 Sq.Ft. with Private Balcony, On-Site Secured Parking and Secured Entrance with Additional Income Procured from On-Site Laundry Room. This investment offering provides Strong In-Place Rents, Attractive Cash-flow with Rental Upside Potential of +/- 28%. Great addition to any Investment Portfolio or Exchange Upleg Purchase. Centrally located to many Shops, Restaurants on Whittier Blvd. Quick and convenient access to the Major 5, 605, 60 & 710 Freeways. Please note, California recently passed state-wide rent control in Assembly Bill 1482. Please be sure to review these new laws to ensure that you are compliant with their restrictions.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3

Interior

Fireplace No

Exterior

Parking Features Covered

Building

Story 2

Others

Senior Community No

Tax ID 6349020045

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with Shant Sherbetdjian • Remax Commercial and Investment Realty
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.