Est. cap rate

4.3%

Assumed rent, all units

$8,560/mo

Units

4

Price per unit

$299,750

Est. annual NOI

$51,360

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4 sqft

Lot size

7,315 sqft

Year built

1975

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

5

MLS #

246242826

About this property

INVESTOR OPPORTUNITY IN MONTEBELLO! This well positioned fourplex offers an excellent opportunity to acquire an income producing multifamily asset in a desirable Montebello location. The property features four spacious 2-bedroom, 1-bathroom units, totaling approximately 3,630 square feet of living area, situated on a 7,315 square foot lot. Each unit provides a practical layout designed for long-term rental appeal, while the property offers 8 total parking spaces, including 4 garage/carport spaces. The property currently has 2 occupied units by long term tenants, providing an investor with an existing rental operation from day one. With its four-unit configuration, strong parking component, and established tenant base, this property presents an opportunity for investors seeking to add a multifamily asset to their portfolio while evaluating future income and value add potential. Conveniently located near shopping, dining, transportation, and major employment corridors, the property benefits from Montebello's central position within the greater Los Angeles area. Property to be sold as-is with tenants in place, buyer to independently verify all property, financial, zoning, rental, and income information. A compelling opportunity for investors looking for scale, existing rental income, and long-term multifamily potential in Montebello.

Location

415 S 6th Street

Montebello, Los Angeles, CA, 90640