About 1401 Olympic Boulevard
A lucrative investment opportunity! This property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. Additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. Situated in a desirable Montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. This property boasts commercial zoning, providing exceptional versatility and investment potential.
Features of 1401 Olympic Boulevard
| MLS® # | SR24237844 |
|---|---|
| Price | $1,000,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1952 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Community Information
| Address | 1401 Olympic Boulevard |
|---|---|
| Area | 674 - Montebello |
| City | Montebello |
| County | Los Angeles |
| State | CA |
| Zip Code | 90640 |
Listing Map
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Attached Carport, Door-Multi, Garage |
| # of Garages | 4 |
| Garages | Attached Carport, Door-Multi, Garage |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Near Park, Corner Lot |
|---|
Additional Information
| Date Listed | November 8th, 2024 |
|---|---|
| Days on Market | 57 |
| Zoning | MNC2* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Xavier Franco |
|---|---|
| Office | Luxury Collective |