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524 N Poplar Ave
Montebello, CA 90640

$6,788,888 USD

Apartments For Sale  •  24,506 SF

Property Details

  • Property Type Apartments
  • Total Building Size 24,506 SF
  • Lot Size 0.82 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 4.66 %
  • Zoning MNR3YY
0 Transit Score
73 Walk Score

Highlights

Eric Dilanian & Shant Sherbetdjian are Pleased to Present for Sale 30 Units in North Montebello! First Time on Market in Nearly 50 Years!
Walking Distance to Shops, Restaurants & Daily Conveniences
Excellent, Highly Rentable Unit Mix: • (4) 2 Bed + 2 Bath • (18) 2 Bed + 1 Bath • (8) 1 Bed + 1 Bath
Value-Add Opportunity | Realistic Rental Upside of Approximately 38%
Desirable Tenant Amenities | Two On-Site Laundry Rooms | Covered & Garage Parking
AB 1482 Only | Not Subject to Any Local Rent Control Ordinances
Cap Rate: 4.66 %

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Trash Pickup - Curbside
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.5 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 4.9 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 30 min - 19.7 mi
Bob Hope 38 min - 26.4 mi
Los Angeles International 38 min - 27.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Covered
Included in Rent: Yes
Eric Dilanian 213-233-4379 RE/MAX Commercial & Investment Realty
Eric Dilanian 213-233-4379 RE/MAX Commercial & Investment Realty