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698 W OlympicMontebello, CA 90640

Los Angeles County

$1,275,000List price
2,304Sq Ft
1915Year built
0.13Acre lot
2Stories
6 days agoOn market

Description

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.

Property Information

Property type
Residential Income
Sub-type
Apartment
Year built
1915
Stories
2
Building area
2,304 Sq Ft
Lot size
0.13 acres
Days on market
6
MLS® Listing#
OC26203738

Property Features

Pool
None
Laundry
None
Community
Suburban · Sidewalks
Sewer
Public Sewer
Water source
Public

Directions

North on Bluff Rd, Left on Los Angeles Ave, Left on 7th St

Listing Courtesy: Pat Swanson - 213-864-2862

Presented by: Pat Swanson

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-14T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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