616 Via Altamira

    Montebello, CA 90640
    • $1,550,000
    • STATUS: Pending
    • ON SITE: 223 days
    • ID#: AR18034222
    Pending
    UPDATED: 18 min ago
    $1,550,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,986
      SQFT
    • $259
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Investor opportunity for 6 fully occupied apartment units in Montebello. 6 apartments totaling 16 bedrooms and 10 bathrooms. Four: 3 bed + 2 bath. Two: 2 bed + 1 bath. Total of 11 parking spaces for the apartments, 9 are within gated access. Storage and laundry in parking area. Multi-story building. Most unit rent, not yet increased for over a year.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-25T18:29:41.547. 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, 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.
    www.amazingtemeculahomes.com/homes/80735266

    616 Via Altamira Montebello, CA 90640

    • Price: $1,550,000
    • Status: Pending
    • Updated: 18 min ago
    • ID#: AR18034222
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    5,986
    SQFT
    $259
    $/SQFT
    1963
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    Investor opportunity for 6 fully occupied apartment units in Montebello. 6 apartments totaling 16 bedrooms and 10 bathrooms. Four: 3 bed + 2 bath. Two: 2 bed + 1 bath. Total of 11 parking spaces for the apartments, 9 are within gated access. Storage and laundry in parking area. Multi-story building. Most unit rent, not yet increased for over a year.
    Exterior Features

    Entry Location Ground Level With Steps Garage Spaces 9.00 Lot Features Walkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 11.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Spa Features None Spa YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features CommunityDryer IncludedIn CarportWasher Included Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 788.00 Elevation Units Feet Fuel Expense 1200.00 Gardener Expense 480.00 Gross Income 107600.00 Gross Scheduled Income 119280.00 Insurance Expense 2697.00 Land Lease YN No Laundry Income 1560.00 Laundry YN Yes Licenses Expense 120.00 Maintenance Expense 5313.00 Net Operating Income 73621.00 New Taxes Expense 17620.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 43841.00 Pest Control Expense 540.00 Professional Management Expense 5808.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer None Special Listing Conditions Standard Total Actual Rent 9110.00 Total Expenses 43841.00 Trash Expense 2784.00 Vacancy Allowance 3378 Water Sewer Expense 4078.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Shumei Kam of Coldwell Banker George Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-25T18:29:41.547. 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, 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.
     
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