Property Description

Located at 1239 Beach St, this 12-unit apartment complex is an investor’s dream. Priced at $2,800,000, it is competitively trading at just $233,000 per door, offering an attractive entry point for investors seeking strong upside potential. The property boasts 24 bedrooms and 12 bathrooms, spread across 9,194 square feet on a lot of 12,746 square feet. Built in 1972, this well-maintained complex features 12 units with most tenants on month-to-month leases, providing flexibility for immediate value-add opportunities. Additionally, the owner may be open to negotiating for a few upgrades, making this an ideal prospect for investors aiming to enhance returns through strategic updates. Situated in a highly walkable area (Walk Score: 84) and part of the desirable Montebello Unified School District, this property is perfectly positioned for future growth in both value and rental income.

Address Map
CA
Los Angeles
Montebello
90640
1239 Beach Street
0
W119° 52' 48.4''
N34° 0' 0.4''
North of W Washington Blvd & We
MLS Addon
PureMotive Realty Inc.
Samuel Flores Reyes
sam@puremotivere.com
CR7497776
CR367661420
: Public

Commercial Sale For Sale

1239 Beach Street, Montebello, California 90640

9,194 Sqft
$2,800,000
Listing ID #CRAR24193174
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRAR24193174
Price : $2,800,000
Square Footage : 9,194 Sqft
Year Built : 1972
Lot Area : 12,746 Sqft
Status : Active
Property SubType : Comm Ind For Sale
Agent info
Michael Roberts
Contact Agent