Four studio apartmentsSix single-story unitsOnsite garage parking
Just Listed...Excellent Price Per Unit! Rare opportunity to acquire two side-by-side 5-unit properties in the city of Montebello, offering investors the chance to purchase 10 total units across two separate parcels in one of the area’s most supply-constrained rental markets. Offered at $2,150,000, this unique investment features a desirable layout with six single-story units and four second-level units with parking below.
The property offers an efficient unit mix consisting of six 1-Bed/1-Bath units and four Studio apartments, appealing to a broad range of tenants and supporting strong occupancy. Residents benefit from onsite garage parking, while investors benefit from tenants paying for their own utility usage, helping keep operating expenses under control.
A major advantage of this offering is the absence of local city rent control, providing investors with greater operational flexibility and long-term rental growth potential. With a massive 30% upside in rental income, the property presents a clear value-add opportunity to significantly increase cash-flow over time.
Located in a prime Montebello rental pocket just minutes from Montebello Park, Whittier Boulevard, schools, and major amenities, this is a rare chance to invest in a market where multifamily inventory rarely becomes available.
41 days
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177
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7
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Zillow last checked:
Listing updated:
Listed by:
Kristopher GermanDRE #01800021909-645-0443,
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV26115746Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Cooling
Wall/Window Unit(s)
Appliances
Laundry: None
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 4,560
Total interior livable area: 4,560 sqft
Property
Parking
Total spaces: 6
Parking features: Door-Single, Garage
Garage spaces: 6
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: None
Has view: Yes
View description: None
Lot
Size: 0.28 Acres
Features: 0-1 Unit/Acre
Details
Parcel number: 6337001004
Zoning: MNR3YY
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Roof: Shingle
Condition
New construction: No
Year built: 1947
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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