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Sold on 03/31/2025

137 N 3rd St, Montebello, CA 90640

  • $1,603,691

    Last sold 03/31/2025 for $1.7M

  • 10

    bed

  • 5

    bath

  • 4,032

    Sqft ($422/Sqft)

Multi-family not for sale
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About 137 N 3rd St

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 6,246 Sqft
Movoto estimate
Parking 5 garage spaces
Property description
We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.29 GRM and a 5.43% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).
Listed by
Listing Agent - Shant Sherbetdjian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#25508355 • last updated 1 year ago
Movoto checked The MLS for data 10 minutes ago
Overview
Levels/Style Two
MLS # 25508355
Type Residential Income
Status Sold
SqFt 4032
Lot Size (SqFt) 6246
Lot Size (Acres) 0.1434
Year Built 1965
Interior
Total # of Baths 5
Total # of Bedrooms 10
Exterior
# Garage Spaces 5
# Parking Spaces 5
Parking Desc Garage
Add'l Structures None
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning MNR3YY
APN 6346-023-012
Multifamily Details
Unit 5: # Baths 1
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 5: Furnished No
Unit 3: Projected Rent 2600
Unit 1: Projected Rent 2600
Unit 1: # Beds 2
Unit 4: # Beds 2
Unit 1: Rent 2533
Unit 2: Rent 2230
Unit 3: Rent 2533
Unit 4: Rent 2350
Unit 5: Rent 2326
Unit 2: Furnished No
Unit 2: Projected Rent 2600
Unit 5: Projected Rent 2600
Unit 4: Projected Rent 2600
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 5: # Beds 2
Unit 4: Actual Rent 2350
Unit 2: Actual Rent 2230
Unit 3: Actual Rent 2533
Unit Type 2106, 2107, 2108, 2109, 2110
Unit 5: Actual Rent 2326
Unit 1: Actual Rent 2533
Total # Of Buildings 1
Net Operating Income 97468
Cap Rate 5.43
Vacancy Amount (%) 3
Vacancy Rate None
Gross Income 146064
Gross Operating Income 141682
Gross Rent Multiplier 12.29
Total Annual Expenses 44214
Vacancy Amount ($) 4382
$1.6M
Range: $1.44M-$1.76M
Last 30 days 
  • Apr 2025
    Public Records
  • Apr 21, 2025 Sold
    $1,700,000
  • Apr 2025
    mls logo MLS # 25508355
  • Apr 21, 2025 Sold
    $1,700,000 (-5.3%)
  • Mar 31, 2025 Pending
    —
  • Mar 31, 2025 Active
    —
  • Mar 7, 2025 Listed
    $1,795,000 (+199.2%)
  • Aug 2010
    Public Records
  • Aug 17, 2010 Sold
    $600,006 (+242.9%)
  • Aug 2006
    Public Records
  • Aug 16, 2006 Sold
    $175,000 (-58.3%)
  • Sep 2001
    Public Records
  • Sep 18, 2001 Sold
    $420,000
  • 137 N 3rd St
    $1.7M
  • Montebello
    —
  • 90640
    $1.09M +43% y/y
  • Montebello
    $1.09M +42% y/y
No chart available
Statistics calculated by Movoto

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2/10
Fremont Elementary School
public Grades K-5
Montebello Unified School District
3/10
Montebello High School
public Grades 9-12
Montebello Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 137 N 3rd St
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