No Photos
Image 1 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 2 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 3 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 4 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 5 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 6 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 7 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 8 - 233 N 7th St, Montebello, California, 90640 - House for sale
Image 9 - 233 N 7th St, Montebello, California, 90640 - House for sale
N Th St, Montebello, Home For Sale
233 N 7th St, Montebello, California, 90640

N Th St, Montebello, Home For Sale

house for sale
Listed: Yesterday

233 N 7th St, Montebello, California, 90640

16 Bed:
10 Bath:
5,408 Sq Ft Living Area:
Save
Price
$ 2,39M

About This House

We are pleased to present for sale, 6 Deluxe units in a highly desirable North Montebello location, consisting of spacious 2 and 3 bedroom units. Situated just North of Whittier Blvd, this investment opportunity yields excellent cash flow with a 6.23% Cap Rate and10.99 GRMon scheduled rents. The building has a desirable unit mix of (Four) 3 bed + 1.75 bath and (Two) 2 bed + 1 bath units. With many recent capital improvements, some units have been renovated with new paint, windows, floors, shower, vanity and more. Tenants enjoy the convenience of on-site laundry and covered parking. The upper level units have vaulted ceilings. This property is a short distance to many shops and restaurants on Whittier Blvd. Buyer has the option to Assume the Current CHASE Loan ($925, 000) at 3.41% Interest Rate Fixed until12/2025.Property is subject to the statewideAB1482rent ordinance, with no local rent control.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$1,95M

16
9
7,188 Sq Ft

$1,95M

Available: Right Now

Listed: 27/08/2024

3719 Rosemead Ave, Los Angeles, California, 90032

House
16
9
7,188 Sq Ft

A value-add opportunity in El Sereno, CA, with over 40% upside in rental income. Property consists of 7 two-bedroom/1baths and 2 one-bath units. An excellent 84 Walkscore allowing tenants to accomplish all errands on foot makes this asset a desirable...

$2,6M

16
12
4,972 Sq Ft

$2,6M

Available: Right Now

Listed: 27/08/2024

4436 Lima St, Los Angeles, California, 90011

Townhouse
16
12
4,972 Sq Ft

KW Commercial is proud to present this newly constructed, fully stabilized 4-unit income generator! No LA City Housing rent control. Easy to manage, easy to rent. 100% occupied with happy, paying tenants. All existing rents are fair-market: $3450-$36...

$1,95M

16
8
4,320 Sq Ft

$1,95M

Available: Right Now

Listed: 27/08/2024

1431 W 24th St, Los Angeles, California, 90007

House
16
8
4,320 Sq Ft

Attention investors: Looking for a well performing turn-key property within theUSC DPSZone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, an...

$2,35M

16
12
6,207 Sq Ft

$2,35M

Available: Right Now

Listed: 27/08/2024

932 W 66th St, Los Angeles, California, 90044

House
16
12
6,207 Sq Ft

This new construction green-certified Quadplex is located in the bustling city of Los Angeles! Each of the four units features 4 bedrooms. Two of these units comprise 2.5 bathrooms each, while the other two consist of three bathrooms each, res...

$2,7M

16
16
5,935 Sq Ft

$2,7M

Available: Right Now

Listed: 27/08/2024

1731 S New Hampshire Ave, Los Angeles, California, 90006

House
16
16
5,935 Sq Ft

1731 S New Hampshire is a 2024 construction, 3/4ths rented fourplex located just minutes from the USC campus and Exposition Park! This is one of the best priced Brand new construction fourplexes in all of la. With a stabilized 5.23% cap rate, ...

$2,45M

16
16
9,760 Sq Ft

$2,45M

Available: Right Now

Listed: 31/08/2024

10507 S Figueroa St, Los Angeles, California, 90003

House
16
16
9,760 Sq Ft

This property is available for purchase independently or as part of a 4 property, 118 unit portfolio. Introducing, for the first time on market in over 20 years, a unique opportunity to purchase this four multifamily property portfolio compris...

Montebello Housing & Living

Household Income

Median household income: $50,312
Number of households: 19,844
The average household income in Montebello, CA grew from $47,518 to $50,312 in the past year. This data is an estimate based upon 19,844 households in Montebello, CA.
The chart below presents how household income is distributed in Montebello, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Montebello, CA compared to median property taxes around the country. The prevalent amount of property taxes in Montebello, CA equals $3k+ , which is more than the national average.