Sold
Closed
840 S Greenwood Avenue
Montebello CA, 90640
$3,100,000
$620.00 per sqft
Sold
Closed
5,000 sqft
Commercial
Built in 1953
Listed by Leo Betancourt with RE/MAX TerraSol 714-308-7838
Welcome to Montebello's newest investment opportunity! This charming single-story 10-unit apartment building has recently undergone a fresh exterior paint job, giving it a new and inviting look. The building is nestled in a prime location in the heart of the city, providing easy access to shopping, dining, and entertainment options that Montebello has to offer.
The property features 10 spacious units, each boasting their own laundry hookups. The units have been well-maintained and are in excellent condition. Additionally, the building has been thoughtfully designed with tenant convenience in mind, featuring 10 car garages with easy access to each unit and an additional 18 separate parking spaces.
One of the most attractive features of this property is its separately metered utilities, making it easy for tenants to manage their own bills and ensuring a hassle-free experience for the landlord. This can help to attract long-term tenants and reduce turnover, providing a stable and reliable source of income for the savvy investor.
Overall, this 10-unit apartment building is an exceptional investment opportunity that checks all the boxes for both seasoned investors and those looking to enter the market for the first time. Don't miss your chance to own this gem in Montebello - schedule a viewing today!
OC23029056
MLSⓇ ID
February 27, 2023
Listed
February 21, 2025
Updated
Interior Features
Total Stories
1
Laundry Description
In Garage, Laundry Room
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.83 Acres
Lot Features
0-1 Unit/Acre
Roof
Composition
Other Property Details
Area Name
674 - Montebello
Days on Market
12
Garage
No
Parking Total
18
View
No
County
Los Angeles
Water Source
Public
Utilities
Natural Gas Connected, Sewer Connected, Water Connected
Listing Contact: 714-536-6529
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 2/21/2025 at 6:33 PM UTC