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Sold for $1,960,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 909-645-0443
    Bought with: RE/MAX 2000 REALTY
    $1,960,000

    221 S Maple Ave, Montebello, CA 90640

    6beds
    10baths
    4,560sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $1,959,800 Zestimate®
    $430/sqft
    $3,219 Estimated rent

    Home value

    $1,959,800

    $1.78M - $2.16M

    $3,219/mo

    Zestimate® history
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    $13,172/mo

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    What's special

    Price Reduced! Rare opportunity to acquire two side-by-side 5-unit properties in the city of Montebello, offering 10 total units across two separate parcels in one of the area's most supply constrained multi-family markets. Now offered at $2,095,000, only $209,500 per unit, the property provides investors an attractive entry point into a market where apartment inventory rarely becomes available. The investment currently delivers a 5% CAP Rate and 12.6 GRM, with an estimated 25% upside in rental income, creating an opportunity for increased cash flow over time. The properties feature a desirable configuration with six single-story units and four second-level units with parking below. The unit mix consists of six 1-Bed/1-Bath units and four Studio apartments. Residents enjoy onsite garage parking, while tenants pay for their own utility usage, creating an efficient operating structure for ownership. Another significant advantage is no local city rent control, providing greater flexibility for investors as they work toward capturing the property's rental upside. Ideally located in a prime Montebello rental pocket just minutes from Montebello Park, Whittier Boulevard, schools, shopping, and major amenities, this offering combines compelling new pricing, strong in-place income, and meaningful rental upside. At just $209,500 per unit, this is an opportunity for investors looking to take advantage of aggressive pricing in the San Gabriel Valley.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV26115746MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 10
    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
    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

    Community & HOA

    Community
    • Features: Gutter(s)
    Location
    • Region: Montebello

    Financial & listing details

    • Price per square foot: $430/sqft
    • Date on market: 5/28/2026
    • Cumulative days on market: 73 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 13780
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/10/2026Sold$1,960,000-6.4%$430/sqft
    Source: CRMLS #CV26115746 Report a problem
    8/24/2026Pending sale$2,095,000$459/sqft
    Source: CRMLS #CV26115746 Report a problem
    8/13/2026Listed for sale$2,095,000$459/sqft
    Source: CRMLS #CV26115746 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,959,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,959,800