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).
Sold for $1,700,000
$1,700,000
137 N 3rd St, Montebello, CA 90640
10beds
5baths
4,032sqft
Multi Family
Built in 1965
-- sqft lot
$1,689,600 Zestimate®
$422/sqft
$2,965 Estimated rent
Home value
$1,689,600
$1.52M - $1.88M
$2,965/mo
Zestimate® history
Owner options
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$2,965/mo
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$2,965/mo
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$10,786/mo
Est. payment
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$10,786/mo
Est. payment
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List your homeWhat's special
Garage parkingOn-site laundry room
Zillow last checked:
Listing updated:
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:  CLAW #25508355 Report a problem | ||
| 4/1/2025 | Pending sale | $1,795,000$445/sqft |
Source: CLAW #25508355 Report a problem | ||
| 3/31/2025 | Contingent | $1,795,000$445/sqft |
Source: CLAW #25508355 Report a problem | ||
| 3/7/2025 | Listed for sale | $1,795,000$445/sqft |
Source: CLAW #25508355 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90640
Nearby schools
GreatSchools rating
- 3/10Fremont Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10La Merced Intermediate SchoolGrades: 6-8Distance: 1 mi
- 4/10Montebello High SchoolGrades: 9-12Distance: 1.2 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,689,600
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
$1,689,600
- California
- Los Angeles County
- Montebello
- 90640
- 137 N 3rd St
Nearby cities
Nearby zip codes
Other Montebello Topics
