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Off market
  • $3,837,500

    311 W Lohart Ave, Montebello, CA 90640

    28beds
    28baths
    11,484sqft
    MultiFamily
    Built in 1973
    -- sqft lot
    $3,837,500 Zestimate®
    $334/sqft
    $3,070 Estimated rent

    Home value

    $3,837,500

    $3.30M - $4.45M

    $3,070/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,070/mo

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    $3,070/mo

    Rent Zestimate®

    Refinance and save

    $24,535/mo

    Est. payment

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    $24,535/mo

    Est. payment

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    What's special

    We are pleased to present a great opportunity to own in Desirable Montebello. A well-maintained 14 Unit Townhome-Style Apartment Building with an Excellent Unit Mix of ALL 2 Bedroom & 1.5 Bathroom units. Property features Newer 1973 Construction, Large Units Averaging 820 Sq.Ft with Private Balcony, On-Site Secured Parking and Secured Entrance with Additional Income Procured from On-Site Laundry Room. This investment offering provides Strong In-Place Rents, Attractive Cash-flow with Rental Upside Potential of +/- 31%. Great addition to any Investment Portfolio or Exchange Upleg Purchase. Centrally located to many Shops, Restaurants on Whittier Blvd. Quick and convenient access to the Major 5, 605, 60 & 710 Freeways. Please note, California recently passed state-wide rent control in Assembly Bill 1482. Please be sure to review these new laws to ensure that you are compliant with their restrictions.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 28
    Cooling
    • Other
    Interior area
    • Total interior livable area: 11,484 sqft

    Property

    Parking
    • Total spaces: 19
    Lot
    • Size: 0.38 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1973

    Community & HOA

    Location
    • Region: Montebello

    Financial & listing details

    • Price per square foot: $334/sqft

    Price history

    DateEventPrice
    4/7/2020Sold$3,240,000-4.8%$282/sqft
    Source: CLAW #19537284 Report a problem
    1/28/2020Pending sale$3,402,000$296/sqft
    Source: Remax Commercial and Investment Realty #19537284 Report a problem
    12/20/2019Price change$3,402,000+3.4%$296/sqft
    Source: Remax Commercial and Investment Realty #19537284 Report a problem
    12/18/2019Listed for sale$3,290,000$286/sqft
    Source: Remax Commercial and Investment Realty #19537284 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $3,837,500
    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
    $3,837,500