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.
This asset is ideally situated within a short distance of the Shops at Montebello and Citadel Outlets, and just 12 miles from Downtown Los Angeles, placing tenants at the center of a thriving live-work-play environment with direct access to the region's top employers. 1109 S Spruce Street sits on a ±5,698 SF lot with a total building area of ±3,550 SF. The property offers a unit mix of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units averaging 710 SF. The front unit has been fully remodeled, featuring a brand-new kitchen with updated cabinetry, new flooring, a beautifully remodeled bathroom, washer/dryer hookups, and an abundance of natural light from an impressive window count — positioned directly adjacent to a park with peaceful, open views. Throughout the property, all units feature updated interiors with laminate plank wood flooring, fully equipped kitchens and bathrooms, oven ranges with hoods, stainless steel appliances including dishwashers and refrigerators, split wall AC and heating units, mirrored bedroom closets, recessed lighting, and cabinet storage. The property includes covered and street parking, and a well-manicured front yard with mature landscaping on a tree-lined residential street. Montebello is a thriving cultural and urban hub at the crossroads of Los Angeles County, San Bernardino County, Riverside County, the San Gabriel Valley, and the San Fernando Valley — offering residents unmatched regional connectivity. The 605, 10, 60, and 210 Freeways place the property within easy reach of employment centers, retail corridors, and entertainment destinations across the greater Los Angeles metropolitan area. The Montebello/Commerce Metrolink Station further extends connectivity with direct service to LA Union Station. Montebello's economy is anchored by healthcare, higher education, and public sector employment. Major employers serving the trade area include Cal State Los Angeles, USC, Beverly Hospital, and the City of Montebello, with additional demand driven by the region's robust retail and hospitality corridors and proximity to major employment centers throughout Los Angeles County.
Montebello! This duplex features two separate 1-bedroom, 1-bathroom units, each with its own 1-car garage. The rear unit includes exterior washer and dryer hookups. Property will be sold with the current long term tenants.
INVESTOR OPPORTUNITY IN MONTEBELLO! This well positioned fourplex offers an excellent opportunity to acquire an income producing multifamily asset in a desirable Montebello location. The property features four spacious 2-bedroom, 1-bathroom units, totaling approximately 3,630 square feet of living area, situated on a 7,315 square foot lot. Each unit provides a practical layout designed for long-term rental appeal, while the property offers 8 total parking spaces, including 4 garage/carport spaces. The property currently has 2 occupied units by long term tenants, providing an investor with an existing rental operation from day one. With its four-unit configuration, strong parking component, and established tenant base, this property presents an opportunity for investors seeking to add a multifamily asset to their portfolio while evaluating future income and value add potential. Conveniently located near shopping, dining, transportation, and major employment corridors, the property benefits from Montebello's central position within the greater Los Angeles area. Property to be sold as-is with tenants in place, buyer to independently verify all property, financial, zoning, rental, and income information. A compelling opportunity for investors looking for scale, existing rental income, and long-term multifamily potential in Montebello.
click on 360 view for full video Prime Montebello Duplex Investment Opportunity Excellent income-producing opportunity in the heart of Montebello! Located north of Whittier Boulevard, this well-positioned property features two spacious units, offering flexibility for an investor, owner-user, or multigenerational household. The property consists of: Front Unit: Spacious 2-bedroom, 1-bathroom home Rear Unit: 1-bedroom, 1-bathroom unit One-car garage for each unit Private yard for each unit Alley access to the garages Conveniently located north of Whittier Boulevard The separate yards, individual garages, and alley access provide desirable privacy and functionality for both units—features that can be especially attractive to long-term renters. Strong Montebello Location Montebello offers a strategic location in Southeast Los Angeles County with convenient access to major employment centers, shopping, dining, schools, parks, and transportation. The city has continued to invest in infrastructure, economic development, housing, and community improvements. Montebello was recognized by the City as the 2025 Most Business-Friendly City in Los Angeles County, reflecting its ongoing focus on economic growth and investment. The property is also positioned in the northern portion of Montebello, an area with notable community assets including Montebello Town Center, Down Town Montebello, and other established residential neighborhoods and services. The city is also planning for continued long-term growth and improved connectivity. Current city planning efforts include infrastructure improvements along major corridors and future transit-oriented development associated with the planned Metro E Line Greenwood Station. With two separate living units, two garages, two private yards, and alley access, this property offers the kind of configuration investors look for in a Southern California multifamily property. Whether you're looking to generate rental income, live in one unit while renting the other, accommodate extended family, or add a well-located property to your portfolio, this Montebello duplex presents an excellent opportunity. Great location. Great layout. Two units. Multiple possibilities. Don't miss this Montebello investment opportunity!
This charming duplex in desirable Old Town Montebello offers an excellent opportunity for both homeowners and investors. Two detached units on one lot provide privacy and flexibility. 1581 sf. ft. front unit includes 3 bedrooms, 1.5 baths, and an attached 1 car garage. The rear unit offers 576 sf. ft. 1 bedroom, 1 bath, and dedicated parking. Both units have their own laundry and dryer hookups. Separate gas, electric meters for each unit ideal for owner occupancy, multigenerational living, or rental income. Convenient access to Beverly Boulevard, shopping, dining, schools, parks, and major freeways. Great location.
18 Units Montebello Priced at 7% CAP Rate!!! Offered at $1,947,500, $216,000 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 7% CAP Rate, 10 GRM, and a 6% cash-on-cash return, while providing additional upside through market rent alignment. 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. The adjoining 9-unit property (MLS# CV26169882) must be purchased in addition to this property, creating a rare opportunity to acquire 18 units across two separate parcels. When purchased as a combined offering, this property offers strong in-place cash flow, compelling price-per-unit value, and meaningful upside potential, making it an excellent addition to any multi-family investment portfolio.
18 Units Montebello Priced at 7% CAP Rate!!! Offered at $1,947,500, $216,000 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 7% CAP Rate, 10 GRM, and a 6% cash-on-cash return, while providing additional upside through market rent alignment. 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. The adjoining 9-unit property (MLS# CV26169898) must be purchased in addition to this property, creating a rare opportunity to acquire 18 units across two separate parcels. When purchased as a combined offering, this property offers strong in-place cash flow, compelling price-per-unit value, and meaningful upside potential, making it an excellent addition to any multi-family investment portfolio.
First time on the market in 47 years!! 11 Bungalow buildings each features a 2-bedroom, 1-bathroom unit with an attached garage. Each unit is separately metered for electricity and gas, with a single water meter. Potentially, additional units may be able to be built in the vacant vacant land in the front
Investor opportunity in the City of Montebello! The property was involved in a prior fire, and the rear unit has been deemed uninhabitable by the applicable city/county authorities. The property is zoned R3. The property is being sold AS-IS, and buyers are encouraged to conduct their own inspections and due diligence regarding the property's condition, occupancy status, permits, zoning, repairs, and any governmental requirements. Conveniently located near shopping, dining, schools, and major transportation routes, this property presents an opportunity for investors or buyers seeking a project with future potential.
First time on the market in 50+ years! Well-maintained duplex featuring two separate homes on one lot. Front house offers 3BD/2BA with living, dining and family rooms. Rear two-story home offers 2BD/1.5BA. Gated 3-car gated carport, detached 2-car garage with ADU potential (buyer to verify), shared courtyard, and tenants pay all utilities. Excellent East LA location bordering. Montebello near the 60 Freeway, Beverly Blvd and Monterey Park & East LA College. Pride of ownership throughout. Delivered with long-term tenants. Original house built in 1949, rear unit 1984. Rear unit is separate address, 293 Simmons (per Seller with permits)
Owner financing available with strong down payment - terms negotiable. Turnkey duplex 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 2-story back building has an area taped at 2159sf with a 5/4 configuration including 1/1 in 1st floor with a kitchen and 4/3 upstairs with another permitted kitchen; the upstairs can be divided into a smaller section of 751sf with 2/1 with separate access through the stairway behind the garage so it can be split into an ADU or separate dwelling easily. All units have newer flooring and other updates. Don't Miss This Amazing Opportunity! Supplements include an appraiser floor plan sketch.
Rare 4-unit opportunity in Montebello with an ideal setup for both owner-users and investors. The property consists of a front house featuring 3 bedrooms and 2 bathrooms, offering privacy and comfort for an owner-user who wants to live on-site while generating rental income from the rear units. Behind the front house are three additional units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, for a total of approximately 3,913 square feet of living space.This property offers a strong unit mix, functional layout, and excellent parking with two one-car garages plus three covered carport spaces, providing five total parking spaces. Current tenants are in place, paying, and on month-to-month agreements, giving the next owner flexibility with future plans. The property may also provide the opportunity to add up to two ADUs, creating additional long-term upside and value-add potential. Conveniently located in Montebello with access to local shopping, dining, schools, public transportation, and nearby freeways, this is a great chance to own a well-positioned income property with multiple paths for growth.This property offers a strong unit mix, functional layout, and excellent parking with two one-car garages plus three covered carport spaces, providing five total parking spaces. Current tenants are in place, paying, and on month-to-month agreements, giving the next owner flexibility with future plans. The property may also provide the opportunity to add up to two ADUs, creating additional long-term upside and value-add potential. Conveniently located in Montebello with access to local shopping, dining, schools, public transportation, and nearby freeways, this is a great chance to own a well-positioned income property with multiple paths for growth.
Welcome to the beautiful city of Montebello, this attached duplex provides steady income. A hidden gem, situated on a corner lot, each unit has 2 bedrooms and one bath, alongside a 2-car detached garage, has long term tenants that pay on time, very minimal maintenance, the owner only pays for water and gardeners, the tenants pay all the other utilities.
We are pleased to present for the first time on the market in over 50 years, this exceptional multi-family property represents a rare generational asset opportunity in the highly desirable North Montebello submarket. Widely considered a trophy investment, the property features spacious 2-bedroom, 1-bathroom units averaging nearly 900 square feet each, offering an ideal layout that appeals to a broad tenant base. Each unit is equipped with garage parking, laundry hookups, and private rear entrances, enhancing both functionality and tenant privacy. The property has also seen key infrastructure improvements, including an updated main electrical panel, and offers strong potential for the addition of multiple ADUs (buyer to verify), creating a compelling path for future income growth. From an investment perspective, the asset presents significant value-add potential, with projected rental upside of approximately 75%, allowing investors to strategically renovate and reposition the property to capture higher market rents. Its walkable location provides convenient access to retail and dining along Beverly Blvd, further boosting tenant demand and long-term desirability. Additionally, the property benefits from minimal rent control constraints, as it is subject only to California's AB 1482 ordinance and not governed by any local rent control, offering greater operational flexibility. Altogether, this is a rare opportunity to acquire a well-located, underutilized asset with substantial upside in one of Montebello's most sought-after neighborhoods.
5-units in North Montebello (located north of Whittier Blvd), presenting an 11.98 GRM and a 5.40% Cap Rate, MOTIVATED SELLER with only 2 properties left in this Family-Owned Portfolio Sale. Attractive investment opportunity, great for 1031 exchange replacement property. Consisting of (1) detached 2 bed + 1 bath house and (4) 1 bed + 1 bath units, all 100% occupied. On-site garage parking (ADU Potential), owner-owned coin-operated laundry machines, very walkable location (79 Walk-Score) with convenient access to shopping, dining, and the 60, 5, 710, and 605 freeways. The property is only subject to AB 1482 with no local rent control. The SB721 (Balcony Law) Inspection Report Completed. A solid combination of current income and future growth potential creating for a favorable purchase. **Check out the property video.
This triplex offers a total of 3,102 square feet of living space, each with its own address, situated on a massive lot of over 15,383 square feet. The property consists of multiple rental units generating strong monthly income, great for investors seeking long-term returns or to develop. Each unit has a garage for parking and storage. All units are occupied with reliable income. Situated in a desirable Montebello neighborhood, this property is conveniently located near schools, shopping centers, and major freeways, ensuring easy access to all that the area has to offer
Montebello is located in California. 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.
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.
