REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Kristopher German, DRE #01800021 • RE/MAX 2000 REALTY
$ 1,972,500
Est. payment | /mo
0.35 Acres Lot
$ 1,972,500
Est. payment | /mo
0.35 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26169882
Year Built 1950
Lot Size 0.346 Acres
Source California Regional MLS
Property Description
Exceptional opportunity to acquire a 9-unit multi-family community in the highly desirable city of Montebello! Offered at $1,972,500, less than $220,000 per unit, this offering represents an outstanding value in one of the San Gabriel Valley's most desirable multi-family markets. This investment offers excellent day-one cash flow with a current 6.85% CAP Rate, 10.30 GRM, and a 5.72% cash-on-cash return, while providing additional upside through market rent alignment with projected financials of a 7.24% CAP Rate, 9.90 GRM, and a 6.83% cash-on-cash return. Situated on a 15,072 sq. ft. lot, the property features a desirable unit mix consisting of one 2-Bedroom/1-Bath unit and eight 1-Bedroom/1-Bath units, providing broad tenant appeal and supporting consistent occupancy. Tenants pay for electricity and gas, while residents enjoy ample open-space parking and a spacious common area, creating an attractive rental environment. Ideally located just off Beverly Boulevard, the property is within close proximity to Beverly Hospital, shopping, dining, and major retail, placing it in one of Montebello's strongest and most established rental corridors. Additional opportunity: The adjoining 9-unit property (MLS# CV26169898) is also available for purchase, creating a rare opportunity to
Location
State CA
County Los Angeles
Area 674 - Montebello
Rooms
Kitchen None
Interior
Cooling Window / Wall Unit
Laundry None
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 9.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 6347001004
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "