601 N Garfield Ave, Montebello, CA 90640

$1,695,000

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List Price
$1,695,000
Status
ACTIVE UNDER CONTRACT
MLS#
MB26098647
Year Built
1962
Lot Size
7,295
Acres
0.17
Lot Location
Corner Lot, Front Yard
Days on Market
82
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

601 N Garfield Avenue offers a compelling opportunity to acquire a well-located multifamily property featuring six income-producing units plus an additional non-permitted studio. The property consists of a single building with four spacious two-bedroom units, each with one and a half baths, and two one-bedroom, one-bath units, along with the bonus studio. Situated on a desirable corner lot, the asset includes six covered parking spaces accessed via a rear alley carport. This makes it an attractive option for investors seeking stable income and long-term appreciation in a well-established rental market. Residents benefit from proximity to shopping, dining, public transportation, and convenient access to major freeways, with Downtown Los Angeles just a short drive away. This is a rare opportunity to acquire a well-maintained, value-add multifamily asset in a strong rental corridor.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
6
Sewer
Unknown
Water
Public
Attached Structure
Attached
Number Of Units Total
6

Listing courtesy of Listing Agent: JAMES ESCAMILLA (jremme@century21masters.com) from Listing Office: CENTURY 21 MASTERS.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.