Listed by eXp Realty of California, Inc, eXp Realty of California Inc
$1,375,000
252 S 7th
Details
APN 6349009026
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,304
Units 6
Cap Rate 5.38%
NOI $73,966
Occupancy 100%
Tenancy Multi
Price per SqFt $597
Class B
Year Built 1915
Buildings 1
Stories 2
Lot Size (SqFt) 5,502
Zoning Public Rec
Investment Type Stabilized
Turnkey investment building with market rents!
Marketing description
What if your next investment property already came with six renovated units producing stable rental income in one of Montebellos strongest rental markets? We are pleased to present a turn-key 6-unit investment opportunity in the heart of Montebello, offering investors a rare chance to acquire a well-maintained, income-producing property with strong rental demand. The property features six renovated 1-bedroom, 1-bathroom units that are easy to rent and professionally owned and operated, making this an ideal asset for investors seeking stable cash flow and long-term appreciation. Ownership has completed numerous recent renovations and capital improvements, allowing a new owner to step into a low-maintenance, professionally managed asset from day one. Each unit is separately metered for gas and electricity, and the owner has implemented a RUBS (Ratio Utility Billing System) for water and trash, helping reduce operating expenses and improve overall property efficiency. Tenants benefit from the propertys prime central location near Whittier Boulevard, placing them within close proximity to a wide range of shopping, dining, and everyday conveniences. The property also offers excellent regional connectivity with easy access to the 5, 60, 605, and 710 freeways, making commuting throughout Los Angeles County convenient. With renovated units, strong in-place rental income, and a desirable location in the San Gabriel Valley, this property presents an excellent opportunity for investors seeking a stable long-term hold or a strategic 1031 exchange acquisition.
Investment highlights
Turnkey
Market Rents
Attractive Cap Rate
Professionally Managed
Listing Contacts
Listed by eXp Realty of California, Inc, eXp Realty of California Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,966.00
$6,163.83/mo
Valuation Metrics
0
DSCR
5.38%
Cap Rate
5.38%
ROI
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