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1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786

kris@theapartmentdealer.com

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  3. 18 Units in Montebello

18 Units in Montebello

428 N Poplar Ave, Montebello, CA 90640, USA
Sold for$4,000,000$222,222/Per Unit

Description

PROPERTY HIGHLIGHTS

INVESTMENT HIGHLIGHTS

Sold Off-Market as a 1031-Exchange Purchase
Kris Procured This Property as a Purchase for a Client Who Was in a 1031-Exchange

  • Two Side-By-Side 9-Unit Properties
  • Unit Mix: (3) 2-Bed/1-Bath & (15) 1-Bed/1-Bath Units
  • Private Patios Most Units
  • Onsite Laundry Facility
  • Onsite Open-Space Parking
  • 100% Rent Collection Through COVID
  • 5.59% CAP Rate | 12.73 GRM
  • 5.8% True Cash-On-Cash Return For New Buyer!

 

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Address

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  • Address: 428 & 432 N Poplar Ave
  • City: Montebello
  • State/county: California
  • Zip/Postal Code: 90640
  • Country: United States

Detail

Updated on August 3, 2021 at 3:37 pm

  • Price: Sold for $4,000,000
  • Property Size: 7832 SqFt
  • Land Area: 30128 SqFt
  • Year Built: 1950
  • Property Type: Multi Family
  • Property Status: Sold

Additional details

  • # of Units: 18
  • Unit Mix: 3 (2+1), 15 (1+1)
  • Zoning: MNC2*
  • We Represented: Seller/Buyer
  • Close of Escrow: 7/23/2021

WalkScore

walkscore65 / Somewhat Walkable more details here

Contact info

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Kristopher German
Kristopher German
(626) 427-0786
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