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140 N 3rd St
For Sale $1,495,000
$1,495,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,251 Sq Ft
Description
Location, location, location, and seller upgrades. This Montebello triplex is one of a kind, like living in a private townhome. Montebello is Italian for Beautiful Mountain, It is the wine label for Ridge Vineyards and the emblem of agriculture in Northern Italy. This amazing community is picturesque surrounded by gentle sloping hills and greenery abound. Located right in the heart of this beautiful community is 140 N 3rd street. A three unit triplex, unit A, B, and C. Each unit boast 3 bedrooms, two bathrooms, a private outside area, garage parking, and access to on-site laundry with a private storage closet. Each unit comes equipped with its own electric and gas meters providing individuality and privacy for each unit. This feature not only ads value, but also simplifies the management process. This property is conveniently close to the pulse of the community with nearby freeway access, shopping, and dining.
Soft In-Place rents bring in 22.32 GRM. CURRENT MARKET RENTS COULD POTENTIALLY BRING IN 13.39 GRM OR HIGHER.
The front unit, #A, has a large 18X15 eat-in kitchen, a grand living room, 17X13, an ample sized master bedroom, 16X14, with two additional bedrooms that have great space (11X12 and 11X11). To top it off, unit A has a sweet touch of warm elegance with an amazing fireplace that faces both the kitchen/dining and the living room. The upstairs unit C and downstairs unit B share a similar floor plan. As you approach the upstairs unit you are greeted by a private 16X10 private patio, a large living room at 16X14, a 15X10 kitchen and a 16X17 master bedroom. The additional two bedrooms are standard to detached homes measuring 10X10. A huge benefit to this triplex is the off-street garage parking on-site. Unit A and C have two parking spaces and unit B has one. 140 N 3rd Street is an amazing property to purchase and live in one while renting the others, or for the savvy investor that desires an income property in Los Angeles, the home to Hollywood and many possibilities.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,495,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 5 spots |
| Year Built | 1965 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 6346022022 |
| MLS # | ND25046533 |
| Property ID | 321326046 |
| Lot Sqft | 6,251 |
| Zoning | MNR3YY |
| Total Units | 3 |
| Days on Market | 300 |
| Original List Price | $1,589,000 |
| Applicances | Electric Range,Microwave,Range Hood,Water Heater% |
| Date Updated | May 08, 2025 |
| Date Created | February 22, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $6,086 | $0 |
| Net Income (Yr) | $ 32,254 |
Listing Provided By
Lasonia Stewart Brown an agent of R Stewart Realty. Lic #01291248
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 08, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT