CA > Montebello
Montebello, CA 90640,1239 Beach ST
Montebello, CA 90640,1239 Beach ST
Montebello, CA 90640,1239 Beach ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$2,800,000
Est. payment /mo
0.29 Acres Lot
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UPDATED:

02/25/2025 06:35 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID AR24193174

HOA Y/N No

Year Built 1972

Lot Size 0.293 Acres

Property Sub-Type Multi Family

Property 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.

Location

State CA

County Los Angeles

Area 674 - Montebello

Interior

Fireplace No

Laundry Common Area

Building

Story 2

Water Public

Others

Tax ID 6353011027

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Samuel Flores Reyes • PureMotive Realty Inc. • 6265569500
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