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For sale
    • Listed by: Pat Swanson • Pat Swanson • Contact: 213-864-2862
    Price cut: $127K (10/6)
    $1,148,000

    698 W Olympic Blvd, Montebello, CA 90640

    6beds
    6baths
    2,304sqft
    : 
    $8,193/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $1,128,000 Zestimate®
    $498/sqft
    $-- HOA

    What's special

    Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.
    31 days
    297
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Pat Swanson DRE #01382974 213-864-2862,

    Pat Swanson

    Source: CRMLS,MLS#: OC26203738MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 2,304
      • Total interior livable area: 2,304 sqft

      Property

      Features
      • Entry location: Ground
      • Pool features: None
      Lot
      • Size: 5,504 Square Feet
      • Features: 6-10 Units/Acre
      Details
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Suburban, Sidewalks
      Location
      • Region: Montebello

      Financial & listing details

      • Price per square foot: $498/sqft
      • Date on market: 9/18/2026
      • Cumulative days on market: 31 days
      • Listing terms: Cash to New Loan
      • Tenant pays: All Utilities

        Estimated market value

        $1,128,000

        $1.07M - $1.18M

        $1,719/mo

        Price history

        DateEventPrice
        10/6/2026Price change$1,148,000-10%$498/sqft
        Source: CRMLS #OC26203738 Report a problem
        9/18/2026Listed for sale$1,275,000$553/sqft
        Source: CRMLS #OC26203738 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 90640

        Getting around

        83 / 100
        Very Walkable
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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