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Apartments For Sale • 5,408 SF
| 6 Deluxe units in a highly desirable North Montebello location, consisting of spacious 2 and 3 bedroom units |
| This investment opportunity yields excellent cash flow with a 6.07% Cap Rate and 11.20 GRM on scheduled rents |
| Situated just North of Whittier Blvd | (Four) 3 bed + 1.75 bath and (Two) 2 bed + 1 bath units | 100% Occupied |
| Tenants enjoy the convenience of on-site laundry and covered parking | The upper level units have vaulted ceilings |
| Buyer has the option to Assume the Current CHASE Loan ($925,000) at 3.41% Interest Rate Fixed until 12/2025 |
| This property is a short distance to many shops and restaurants on Whittier Blvd |
| Cap Rate: | 6.07 % |
| Total Expenses: | $57,404 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 4 min | - | 1.8 mi |
| Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 4.0 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 30 min | - | 19.4 mi |
| Bob Hope | 37 min | - | 26.2 mi |
| Los Angeles International | 38 min | - | 27.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |
Shant Sherbetdjian
RE/MAX Commercial & Investment Realty
Shant Sherbetdjian
RE/MAX Commercial & Investment Realty
