Located at 1239 Beach St, this 12-unit apartment complex is an investor's dream. Priced at $2,800,000, it is competitively trading at just $233,000 per door, offering an attractive entry point for investors seeking strong upside potential. The property boasts 24 bedrooms and 12 bathrooms, spread across 9,194… Read More square feet on a lot of 12,746 square feet. Built in 1972, this well-maintained complex features 12 units with most tenants on month-to-month leases, providing flexibility for immediate value-add opportunities. Additionally, the owner may be open to negotiating for a few upgrades, making this an ideal prospect for investors aiming to enhance returns through strategic updates. Situated in a highly walkable area (Walk Score: 84) and part of the desirable Montebello Unified School District, this property is perfectly positioned for future growth in both value and rental income. Read Less
Listing Snapshot
Days Online
128
Last Updated
Property Type
Multi Family
Square Ft.
9,194
Lot Size
0.29 Acres
Year Built
1972
MLS Number
AR24193174
30 Days Snapshot Of 90640
$852k
0%
(avg) sold price
0
-100%
homes sold
67
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1972, Building area total: 9,194, 1 building
Laundry
CommonArea
Lot
0.2926 acres, 12,746 square feet, Size: 12,746
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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. Properties may or may not be listed by the office/agent presenting the information.
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