Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.2926
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,800,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Samuel Flores Reyes , PureMotive Realty Inc.
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