620 N Wilcox Ave, Montebello, CA 90640

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Property Details

Address
620 N Wilcox Ave, Montebello, CA 90640
Price
$5,200,000
# of Units
17
Status
Available
Building Size
18,436 SF
Price/Unit
$305,882
CAP Rate
6.13%
Year Built
1964
GRM
12.32
Type
Apartment
Lot Size
21,407 SF
Price/SF
$282

Property Information

Long time Owners! First time on the market in 47 years!! This rare 17-unit property in Montebello, CA, features all 2-bedroom, 2-bathroom units in a highly sought-after, low-vacancy area. Each unit is separately metered for electricity and gas, with a single water meter, and includes on-site laundry units owned and included in the sale for additional income. With 26 parking spaces, each unit comes with its own designated spot, while nine extra spaces generate $90 monthly each. The property is securely gated in both the front and back, with convenient alley access and a remote-controlled gate at the rear. Centrally located with quick access to the 60, 710, and 5 freeways, it’s just 1.3 miles from Montebello Country Club and 2.2 miles from Topgolf Montebello. 

 

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