$1,199,000

beds

baths

2,717

square ft

723 W Mines Avenue

Montebello, California 90640

New / MLS #DW24249652 / Multiple Unit (2-4) / Montebello

Listing information updated 12/20/2024 at 6:42pm

Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!

Full Features

Beds Above Grade:

Cooling System:

Energy Star Qualified Equipment, Wall Window Units

Heating System:

Combination, Energy Star Qualified Equipment, Wall Furnace

Pool:

Age:

76 Years

Parking Type:

Driveway, Garage

Parking Spaces:

Garage:

Garage - 1 Car(s)

Square Feet:

2,717

Lot Size:

5618 Square Feet

Acreage:

0.129

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

90640

City:

Montebello

County:

Los Angeles

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Beds Above Grade:

Cooling System:

Energy Star Qualified Equipment, Wall Window Units

Heating System:

Combination, Energy Star Qualified Equipment, Wall Furnace

Pool:

Age:

76 Years

Parking Type:

Driveway, Garage

Parking Spaces:

Garage:

Garage - 1 Car(s)

Square Feet:

2,717

Lot Size:

5618 Square Feet

Acreage:

0.129

Tax Amount:

N/A

Tax Year:

N/A

Zip Code:

90640

City:

Montebello

County:

Los Angeles

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Greenpoint Real Estate Services

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.