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Sold for $1,700,000 on 04/21/25
  • $1,700,000

    137 N 3rd St, Montebello, CA 90640

    10beds
    5baths
    4,032sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $1,652,100 Zestimate®
    $422/sqft
    $-- Estimated rent

    Home value

    $1,652,100

    $1.50M - $1.82M

    Not available

    Zestimate® history
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    What's special

    We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.29 GRM and a 5.43% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).

    Zillow last checked: 8 hours ago

    Listing updated: April 21, 2025 at 08:51am

    Listed by:

    Shant Sherbetdjian DRE # 01713570 626-657-8150,

    Remax Commercial and Investment Realty 213-817-1000

    Bought with:

    Yennis Wong, DRE # 01344042

    Berkshire Hathaway Home Servic

    Source: CLAW,MLS#: 25508355MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    Heating
    • Other
    Cooling
    • Wall Unit(s)
    Interior area
    • Total structure area: 4,032
    • Total interior livable area: 4,032 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,246 sqft
    Details
    • Additional structures: None
    • Zoning: MNR3YY
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1965

    Community & neighborhood

    Location
    • Region: Montebello

    Price history

    DateEventPrice
    4/21/2025Sold$1,700,000-5.3%$422/sqft
    Source: CLAW #25508355
    4/1/2025Pending sale$1,795,000$445/sqft
    Source: CLAW #25508355
    3/31/2025Contingent$1,795,000$445/sqft
    Source: CLAW #25508355
    3/7/2025Listed for sale$1,795,000$445/sqft
    Source: CLAW #25508355

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,652,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,652,100