608 N Garfield Avenue Montebello, CA ^$ 1,050,000

608 N Garfield Avenue

^$ 1,050,000

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608 N Garfield Avenue

Montebello, CA, 90640

^$ 1,050,000

Bedrooms5 Baths4.0 Sq 2,656

Monthly Estimate*

^$ 6,979

Listed by Just Sold Real Estate Group

608 N Garfield Avenue, Montebello, CA 90640 - Image 1

608 N Garfield Avenue, Montebello, CA 90640 - Image 2

608 N Garfield Avenue, Montebello, CA 90640 - Image 3

608 N Garfield Avenue, Montebello, CA 90640 - Image 4

Multi-Family Home for sale in Montebello, CA

for $1,050,000 with 5 bedrooms and 4 full baths. This 2,656 square foot home was built in 1954 on a lot size of 0.1278.

Attention investors! Don't miss this fantastic income-producing quadplex opportunity in the city of Montebello. Located in a rapidly developing area with new entertainment attractions like the Top Golf complex within walking distance, this property offers significant upside potential. With strategic renovations and modernization, there's an obvious opportunity to force appreciation, enhance rental income, and maximize your investment returns. Take advantage of this opportunity!

Multi-Family Active

Price

^$ 1,050,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1278

Year Built

1954

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

PW24057595

Days on Market

Features

General

Sewer PublicSewer

Zoning MNR3YY

Garage Spaces 4.0

Pool Features None

Year Built 1954

Tenant Pays Electricity Gas

Levels MultiSplit

Property SubType Quadruplex

Gross Income 44988.0

Community Features Curbs Sidewalks

County Los Angeles

Net Operating Income 40388.0

Operating Expense 4600.0

Insurance Expense 1500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency None.

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Google Maps

City Montebello

Entry Location Multiple

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 674 - Montebello

Lot Size Units SquareFeet

Lot Size Square Feet 5566.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Garfield

Listing Terms Submit

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 100.0

Water Sewer Expense 2000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 30

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 20

Total Actual Rent 3749.0

Property Sub Type Additional Quadruplex

Exterior

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 4.0

Lot Size Area 5566.0

Number of Buildings 1

Spa N

Building Area Total 2656.0

Street Suffix Avenue

Lot Size Acres 0.1278

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features Outside

Entry Level 4

Electric On Property Y/N N

Internal Only

Street Number 1 608

* Excluded Features

List By

Just Sold Real Estate Group

Broker

(562) 544-8421

Phone

Affordability Calculator

$6,979

Per Month

Monthly Principal & Interest: $6,979
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Montebello, CA

Average List Price ^$1,231,323

Percent of Sale Price 17%

About Montebello, CA

63,627 Population

2% Since 2002

^$49,148 Median Income

36.52 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$1,050,000		Listed Price

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608 N Garfield Avenue, Montebello, CA, 90640 is a Multi-Family Home for sale at $1,050,000 with 2,656 sqft and a lot size of 0.1278. 608 N Garfield Avenue has 5 bedrooms, 4.0 baths, and was built in 1954. The property's zip code is 90640 which is in Montebello, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. 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.

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608 N Garfield Avenue

Multi-Family Home for sale in Montebello, CA

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