2120 W Victoria Avenue, Montebello, CA 90640

$1,598,000

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List Price
$1,598,000
Status
ACTIVE
MLS#
P1-27262
Year Built
1961
Lot Size
6,762
Acres
0.16
Lot Location
Front Yard
Days on Market
69
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Rare 4-unit opportunity in Montebello with an ideal setup for both owner-users and investors. The property consists of a front house featuring 3 bedrooms and 2 bathrooms, offering privacy and comfort for an owner-user who wants to live on-site while generating rental income from the rear units. Behind the front house are three additional units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, for a total of approximately 3,913 square feet of living space.This property offers a strong unit mix, functional layout, and excellent parking with two one-car garages plus three covered carport spaces, providing five total parking spaces. Current tenants are in place, paying, and on month-to-month agreements, giving the next owner flexibility with future plans. The property may also provide the opportunity to add up to two ADUs, creating additional long-term upside and value-add potential. Conveniently located in Montebello with access to local shopping, dining, schools, public transportation, and nearby freeways, this is a great chance to own a well-positioned income property with multiple paths for growth.This property offers a strong unit mix, functional layout, and excellent parking with two one-car garages plus three covered carport spaces, providing five total parking spaces. Current tenants are in place, paying, and on month-to-month agreements, giving the next owner flexibility with future plans. The property may also provide the opportunity to add up to two ADUs, creating additional long-term upside and value-add potential. Conveniently located in Montebello with access to local shopping, dining, schools, public transportation, and nearby freeways, this is a great chance to own a well-positioned income property with multiple paths for growth.

Additional Information

Appliances
Gas Cooktop, Refrigerator, Range Hood
Pool Description
None
Cooling
Yes
View
None
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$107,940
Operating Expense
10940

Listing courtesy of Listing Agent: Vicken Tasmajian (vick.tasmajian@gmail.com) from Listing Office: Beverly and Company, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.