Montebello, CA 90640,1504 W Beverly Boulevard
Montebello, CA 90640,1504 W Beverly Boulevard
Montebello, CA 90640,1504 W Beverly Boulevard
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$1,240,000
Est. payment /mo
3,583 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,583 sqft

Price per Sqft $346

MLS Listing ID CL25569469

HOA Y/N No

Year Built 1955

Lot Size 6,366 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

Proudly offered for the first time in over 40 years, this well-maintained Value Add 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.

Location

State CA

County Los Angeles

Zoning MNR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry No Hookups

Building

New Construction No

Others

Tax ID 5294014036


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Bridge MLS
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty

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1504 W Beverly Boulevard