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Twin Palm Apartments
Montebello, CA

$8,950,000 USD

Multifamily For Sale  •  33,639 SF

2 Properties View all

Property Details

  • Property Type Multifamily
0 Transit Score
79 Walk Score

Highlights

First time on the market in 35 plus years
Desirable Unit Mix of One, Two, and Three-Bedroom Units
Situated on 2 Separate, Legal Parcels (27 Units and 12 Units)
Individually metered for gas and electricity
Offered at 10.5 GRM and a 5.73% CAP Rate
Ideal Value-Add and Repositioning Opportunity

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 1.9 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 4.2 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 29 min - 19.0 mi
Bob Hope 39 min - 25.8 mi
Los Angeles International 38 min - 27.2 mi
Kevin Struve 909-456-7013 Marcus & Millichap
Kevin Struve 909-456-7013 Marcus & Millichap