Montebello, CA 90640 2229 W Beverly Boulevard
$1,100,000
0 more
Presented By: Nestor Peralta with Peralta and Associates RE Brokers; 626-347-7123
- MLS# DW24229746
- 11/07/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Full/Half Baths • 3 / 1
SQFT • 2,974
Garage • 4
Home Details
Great Investment Opportunity! In the middle of a desired area of Montebello. 3 units investment property with 4 single car garages. Each Unit has 2 bed 1 bath. Separately metered for gas and electricity, and each unit has washer and dryer hook ups.Long term tenants with rents substantially below market. Well located building that is walking distance to shopping, transportation, and restaurants. Property to be sold with identical 3 unit building next door at 2225 W. Beverly Blvd.Each building is on it's own parcel and have separate APN #'s.
Presented By: Nestor Peralta with Peralta and Associates RE Brokers; 626-347-7123
Interior Features for 2229 W Beverly Boulevard
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 2229 W Beverly Boulevard
AccessibilityParking
Additional Parcels Y/NNo
AppliancesBuiltInRange, GasCooktop, GasOven, GasWaterHeater
Architectural StyleTraditional
Association AmenitiesMaintenanceFrontYard
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.88
Carport Y/NNo
CityMontebello
Community FeaturesCurbs
Construction MaterialsFrame, Stucco
CoolingCentralAir
CountyLos Angeles
Current FinancingConventional
DirectionsBeverly and Wilcox
ElectricElectricityOnProperty
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationMain
Expected Active Date 2024-11-09
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income64627.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet4750.0
Lot Size UnitsSquareFeet
MLS Area674 - Montebello
MobileHomeRemainsYNNo
Net Operating Income46457.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense18170.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot7
Taxes$15,000
Tenant PaysAllUtilities, CableTv, Electricity, Gas
Total Actual Rent5384.0
Trash Expense800.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense4800.0
Year Built1956
Year Built SourcePublicRecords
ZoningMNR3YY
Exterior for 2229 W Beverly Boulevard
Building Area Total2974.0
Crops Included Y/NNo
Exterior AmenitiesRainGutters
FencingNone
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, FrontYard
Lot Size Acres0.109
Lot Size Area4750.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage, GarageFacesRear
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate