Montebello CA Multi Family for Sale
$1,199,000
723 Mines Avenue Montebello, CA 90640
- Type:
- Triplex
- Sq.Ft.:
- 2,717
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- DW24249652
ADDITIONAL INFORMATION
Amazing Investment Opportunity in Montebello, CA. Explore this exceptional multi-family property featuring a 3 apartment units and a modern ADU, offering the next owner four rental units in one prime location! This multi-family property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. FRONT UNIT: Spacious 3-bedroom, 1-bath apartment. REAR UNITS: Two well-maintained 1-bedroom, 1-bath apartments. ADU: Recently converted garage featuring a modern studio apartment. The front unit and one 1-bedroom apartment are currently rented, providing immediate income, while the vacant ADU and second 1-bedroom unit allow you to handpick your tenants or occupy a unit yourself. KEY HIGHLIGHTS: Units are in great condition, with some recently remodeled - Each unit comes with oven range and indoor washer/dryer hookups - Centrally located with easy access to Downtown LA, Orange County, shopping, beaches, and more. - Owner covers water , trash and landscaping; tenants are responsible for gas and electricity. This property is a fantastic entry into multi-family investing or an affordable pathway to homeownership. Whether you're looking to grow your portfolio or enjoy the benefits of multi-family living, this property offers endless potential!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.1 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- CRRS24251053
View additional info
Courtesy: Berkshire Hathaway HomeService
ADDITIONAL INFORMATION
Welcome to this exceptional duplex located in the vibrant heart of Montebello! This property presents a unique opportunity to live in one unit and rent out the other or add it to your investment portfolio. With affordability at its peak, now is the perfect time to make a move. This well-maintained duplex features two thoughtfully designed units: the first is a charming 2-bedroom, 1-bathroom home, while the second offers a cozy 1-bedroom, 1-bathroom layout. Both units are ideal for comfortable living and provide ample space to suit your needs. Enjoy the convenience of being just minutes away from essential amenities, including public transportation, shopping centers, hospitals, and community arts and history attractions. Explore the nearby Historic Park of the last Mexican Governor, Pio Pico State, located along Whittier Blvd. With quick access to Downtown Los Angeles and a short drive to the Inland Empire and Orange County, this duplex offers a prime location and a smart investment opportunity in a competitive market. Don't miss your chance to own this affordable gem in Southern California!
- Type:
- Fourplex
- Sq.Ft.:
- 2,656
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- PW24221298
ADDITIONAL INFORMATION
Attention Investors! Take advantage of the incredible potential of this rare Montebello quadplex, an investor's dream priced below $1M! This hidden gem is primed for significant returns. A new roof and fresh exterior paint provide a blank canvas for your strategic upgrades, allowing for a maximum return on investment. The unbeatable location—steps from the exciting new Topgolf entertainment complex, parks, and desirable dining—guarantees strong rental demand and premium rents. No comparable property exists at this price point in this rapidly appreciating neighborhood. Don't let this opportunity slip away—submit an offer today!
$1,000,000
1401 Olympic Boulevard Montebello, CA 90640
- Type:
- Fourplex
- Sq.Ft.:
- 2,078
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- SR24237844
ADDITIONAL INFORMATION
A lucrative investment opportunity! This property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. Additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. Situated in a desirable Montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. This property boasts commercial zoning, providing exceptional versatility and investment potential.
$2,935,000
540 6th Street Montebello, CA 90640
- Type:
- Apartment
- Sq.Ft.:
- 6,858
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- AR24232453
ADDITIONAL INFORMATION
Welcome to this great 9 unit Apartment Building is Located on South 6th Street in Central Montebello ( Between Mines Avenue & Central Avenue. This is a great investment opportunity in a Prime Montebello Area! This Building offers (One) 3 Bedroom 2.5 Bath Two-Story Spacious Townhome, (One) 2 Bedroom 1 Bath and (Six) 1 Bedroom 1 Bath with an additional (One) Non-Conforming Studio. Property is legally 8 units.The property has remolded with Newer Windows , Newer Kitchen with Newer Floors & Plumbing. There is a common coin operated laundry room on the ground level along with a 100 gallon central gas water heater. Laundry machines are owned by the landlord (not leased) There is covered parking for 11 cars with storage cabinets.
$5,200,000
620 Wilcox Avenue Montebello, CA 90640
- Type:
- Apartment
- Sq.Ft.:
- 18,436
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.49 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- WS24232376
ADDITIONAL INFORMATION
Long time Owners! First time on the market in 47 years!! This rare 17-unit property in Montebello, CA, features all 2-bedroom, 2-bathroom units in a highly sought-after, low-vacancy area. Each unit is separately metered for electricity and gas, with a single water meter, and includes on-site laundry units owned and included in the sale for additional income. With 26 parking spaces, each unit comes with its own designated spot, while nine extra spaces generate $90 monthly each. The property is securely gated in both the front and back, with convenient alley access and a remote-controlled gate at the rear. Centrally located with quick access to the 60, 710, and 5 freeways, it’s just 1.3 miles from Montebello Country Club and 2.2 miles from Topgolf???????????????????????????????????????? Montebello.
$1,200,000
2229 Beverly Boulevard Montebello, CA 90640
- Type:
- Triplex
- Sq.Ft.:
- 2,974
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- DW24229746
ADDITIONAL INFORMATION
Great Investment Opportunity! In the middle of a desired area of Montebello. 3 units investment property with 4 single car garages. Each Unit has 2 bed 1 bath. Separately metered for gas and electricity, and each unit has washer and dryer hook ups.Long term tenants with rents substantially below market. Well located building that is walking distance to shopping, transportation, and restaurants. Property to be sold with identical 3 unit building next door at 2225 W. Beverly Blvd.Each building is on it's own parcel and have separate APN #'s.
$1,200,000
2225 Beverly Boulevard Montebello, CA 90640
- Type:
- Triplex
- Sq.Ft.:
- 2,974
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- DW24229411
ADDITIONAL INFORMATION
Great Investment Opportunity! In the middle of a desired area of Montebello. 3 units investment property with 4 single car garages. Each Unit has 2 bed 1 bath. Separately metered for gas and electricity, and each unit has washer and dryer hook ups. Well located building that is walking distance to shopping, transportation, and restaurants. Property can be sold with identical 3 unit building next door at 2229 W. Beverly Blvd. Each building is on it's own parcel and have separate APN #'s.
- Type:
- Duplex
- Sq.Ft.:
- 1,747
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- PW24215118
ADDITIONAL INFORMATION
This stunning duplex is nestled in the sought-after North Montebello neighborhood! The front unit, renovated in 2020, offers modern touches with a bay window that invites an abundance of natural light into the living space. The unit features durable linoleum wood flooring and tile throughout the kitchen and bathroom, while the spacious bedroom includes his and hers closets. Upon entering, you'll immediately notice the generous layout, which boasts a living room, dining area, and a long hallway leading to the bathroom and bedroom. Both units are equipped with central AC/Heat for year-round comfort, and each unit has its own washer/dryer hookups. The property also includes a one-car garage for each unit. The second unit, which has also been renovated, offers two good-sized bedrooms and AC/Heat. Conveniently located near shopping centers and public transportation, the back unit will be available this coming November, giving you the flexibility to set the rent for both units. The property also offers a front and side yard, perfect for a play area, party space, or just lounging outdoors. Opportunities like this are rare in this neighborhood—don't miss out! The first showing is on Saturday and Sunday
$2,388,000
233 7th Street Montebello, CA 90640
- Type:
- Cluster
- Sq.Ft.:
- 5,408
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.18 Acres
- Year built:
- 1960
- Baths:
- 10.00
- MLS#:
- 24433013
ADDITIONAL INFORMATION
We are pleased to present for sale, 6 Deluxe units in a highly desirable North Montebello location, consisting of spacious 2 and 3 bedroom units, ALL OCCUPIED UNITS. Situated just North of Whittier Blvd, this investment opportunity yields excellent cash flow with a 6.11% Cap Rate and 11.15 GRM on scheduled rents. The building has a desirable unit mix of (Four) 3 bed + 1.75 bath and (Two) 2 bed + 1 bath units. With many recent capital improvements, some units have been renovated with new paint, windows, floors, shower, vanity and more. Tenants enjoy the convenience of on-site laundry and covered parking. The upper level units have vaulted ceilings. This property is a short distance to many shops and restaurants on Whittier Blvd. Buyer has the option to Assume the Current CHASE Loan ($925,000) at 3.41% Interest Rate Fixed until 12/2025. Property is subject to the statewide AB1482 rent ordinance, with no local rent control.
- Type:
- Duplex
- Sq.Ft.:
- 2,584
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- DW24156326
ADDITIONAL INFORMATION
Welcome to this charming duplex located in the city of Montebello! As you enter the front unit you are greeted by an open floor plan of the living and dinning room, perfect for hosting friends and family ! This home boasts 2 bedrooms and 1 bathroom and an indoor laundry room for your convenience. Additionally, there is a beautifully landscaped gated front porch and lawn perfect for relaxing outdoor on summer nights with the family ! The long driveway invites you into the back unit and 3 car garage. Upstairs you will find a 2 bedroom, 1 bathroom home with an ample living room. Downstairs you will find a 3 car garage and an additional bonus room with a restroom which was newly renovated with paint, flooring and lighting - creating a sleek and inviting atmosphere for your convenience. In addition, the garage has been updated with new paint, providing a clean and well-maintained space for your extra storage needs. Step outside to the outdoor area, where you'll find a fresh coat of paint enhancing the exterior beauty of the property. This duplex is an ideal place to call home in the heart of Montebello. Don't miss the opportunity to experience the convenience and charm that this property has to offer!
$1,700,000
134 N 12th Street Montebello, CA 90640
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.22 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- CRIV24150694
View additional info
Courtesy: JASON MITCHELL REAL ESTATE CALIFORNIA, INC.
ADDITIONAL INFORMATION
Owner financing with 10%+ down - terms negotiable. Turnkey duplex configured as a 3-unit Property in prime Montebello with Smooth Stucco Exterior Making It An Attractive Investment! Large front unit has been taped at 1952sf with a 4/3 configuration perfect for pad-splits. The larger back unit is a 2-story taped at 1408sf with a 3/3 configuration including 1/1 in 1st floor and 2/2 upstairs. The smaller unit is taped at 751sf on a 2/1 configuration with access through the stairway behind the garage on the 2nd floor. All units have newer flooring and other updates. Don't Miss This Amazing Opportunity! Supplements include rent surveys from third-party as well as an appraiser floor plan sketch.
- Type:
- Duplex
- Sq.Ft.:
- 1,570
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1946
- Baths:
- MLS#:
- PW24108926
ADDITIONAL INFORMATION
GREAT INCOME PROPERTY IN THE CITY OF MONTEBELLO, CA. 1ST UNIT: 2 BED, 1 BATH, 2 CAR GARAGE AND LONG DRIVEWAY. 2ND UNIT: 1 BED, 1 BATH, WITH 1 CAR GARAGE AND LONG DRIVEWAY. PROPERTY IS VERY UNIQUE WITH 2 LARGE DRIVEWAY ONE FOR EACH UNIT & STREET PARKING. SPACIOUS PROPERTY, WITH LARGE GRASS AREAS. PROPERTY HAS LOTS OF POTENCIAL, POSSIBILITIES FOR ADU. GREAT OPPORTUNITY FOR INVESTORS OR FIRST-TIME BUYERS, LIVE IN ONE UNIT AND RENT THE 2ND UNIT. CLOSE TO SHOPPING, PARKS, & SCHOOLS. DONT MISS OUT ON THIS GREAT OPPORTUNITY.
$1,049,800
749 Via Altamira Montebello, CA 90640
- Type:
- Fourplex
- Sq.Ft.:
- 2,656
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- AR24064366
ADDITIONAL INFORMATION
Excellent Investment opportunity! Fully occupied, 4-UNITS located in Montebello! Three Units with 1 bedroom, One Unit with 2 bedrooms. Updated Bathrooms. Including Four 1-Car garages, On-Site Laundry facility provides extra income. Separate electricity and gas meters for each unit. On a lot of approx. 6,052 sq. ft. Conveniently located near the Montebello Golf Course, shopping centers, supermarkets, banks, public transportation, East LA City College and more!
Montebello Real Estate
The median home value in Montebello, CA is $850,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Montebello, CA is $850,000. Approximately 42.16% of Montebello homes are owned, compared to 53.25% rented, while 4.6% are vacant. Montebello real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montebello real estate agent to arrange a tour today!
Montebello, California has a population of 62,828. Montebello is less family-centric than the surrounding county with 23.93% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Montebello, California is $66,584. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Montebello is 37.4 years.
Montebello Weather
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 14.9 inches per year, with 0 inches of snow per year.