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#: 25508355
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
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Sold | $1,700,000-5.3%$422/sqft |
Source: | ||
| 4/1/2025 | Pending sale | $1,795,000$445/sqft |
Source: | ||
| 3/31/2025 | Contingent | $1,795,000$445/sqft |
Source: | ||
| 3/7/2025 | Listed for sale | $1,795,000$445/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90640
Nearby schools
GreatSchools rating
- 2/10Fremont Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10La Merced Intermediate SchoolGrades: 6-8Distance: 1 mi
- 3/10Montebello High SchoolGrades: 9-12Distance: 1.2 mi
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
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

