Montebello, CA 90640,525 N 3rd Street
Montebello, CA 90640,525 N 3rd Street
Montebello, CA 90640,525 N 3rd Street
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$1,499,999
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5 Beds
5 Baths
3,365 SqFt
Active

525 N 3rd Street Montebello, CA 90640

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Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,365 sqft

Price per Sqft $445

MLS Listing ID OC25191867

Bedrooms 5

Full Baths 5

Year Built 1958

Property Sub-Type All Other Attached

Property Description

Rare quadruplex opportunity in the heart of Montebelloavailable for the first time in over 40 years! Offering 3,365 sq. ft. of living space on a 6,800 sq. ft. lot, this pride-of-ownership property blends strong rental potential with recent upgrades. Recent Improvements include a new roof, and a fresh exterior paint job on both the building and garage structures, enhancing curb appeal and reducing near-term maintenance. On-site garage parking plus additional street parking adds convenience for residents. Public records reflect the property as a 4-unit dwelling. However, the property has functioned with 5 separate units during the sellers ownership. The sellers purchased the property in this condition and inherited the configuration as it exists today. All units are tenant occupied. This is an ideal opportunity for an owner-occupantlive in one unit while generating income from the othersor for an investor seeking consistent rents and appreciation in a high-demand market. Centrally located with easy access to the 605, 60, and 5 freeways, this property offers quick connections to Downtown Los Angeles (just 13 miles away). Families will love the nearby parks, zoo, athletic fields, and enjoy the benefits of being a part of the Montebello school district. Local attractions include the Citadel Outlets (4 miles), The Commerce Casino & Hotel (4 miles), and a vibrant dining scene highlighted by authentic Mexican and Latin American cuisine. Montebellos rich cultural heritage and central location make it an exciting place to both live and invest. Don't miss out on this great opportunity

Location

State CA

County Los Angeles

Zoning MNR3YY

Direction Use GPS. In between the 60, 5, and 605 freeways. North of W. Beverly Blvd

Interior

Fireplaces Type Other/Remarks

Fireplace No

Exterior

Garage Spaces 5.0

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 5

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 5269013038


MLS Router / San Diego MLS
Listed by Jonathan Munoz HomeSmart, Evergreen Realty

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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525 N 3rd Street