Montebello (674) Homes with Apartment Subtype

Montebello (674) Homes with Apartment Subtype

Welcome to Montebello, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural tapestry and family-friendly atmosphere, Montebello offers a unique blend of urban convenience and suburban charm. With its strategic location just a stone's throw away from downtown Los Angeles, residents enjoy easy access to the bustling city while relishing the peacefulness of their community.

Montebello is renowned for its diverse neighborhoods, each with its own distinct character. From quaint tree-lined streets to modern developments, there's something for everyone. One of the most appealing options in this area is the availability of homes with apartment subtypes. These properties are perfect for those looking to maximize their investment potential while enjoying the comforts of home. Whether you're a first-time buyer, an investor, or looking for multi-generational living arrangements, these homes offer flexibility and convenience.

Imagine living in a spacious residence that accommodates your family while providing the opportunity for rental income or guest housing. With Montebello's growing economy and demand for rental properties, investing in a home with an apartment subtype could be a savvy move. The city's amenities, including parks, shopping centers, and top-rated schools, enhance the quality of life for residents, making it an ideal place to call home.

Explore the charm of Montebello and discover the perfect home that meets your needs. With a warm community spirit and a wealth of opportunities, this city is ready to welcome you!

Newest Montebello (674) Homes with Apartment Subtype

$2,275,000
CV26183794 MLS ⋅ Active Status
Just Listed! Rare opportunity to acquire a pride-of-ownership 9-unit apartment property in a highly desirable North Montebello location, just north of Beverly Boulevard and steps from Quiet Cannon Golf Course. Offering an excellent combination of location, property condition, and desirable unit sizes, this well-maintained asset is ideally positioned for investors seeking a quality long-term multifamily investment. The property is comprised of three individual triplex structures with an attractive unit mix of three 2-Bedroom/1-Bath units and six 1-Bedroom/1-Bath units. Six of the units feature desirable single-level construction, while three units are positioned above garage parking. In total, the property offers approximately 5,439 rentable square feet on an 11,512 sq. ft. lot. The property has benefited from numerous improvements, including updated electrical subpanels throughout and updated interiors in most units, reducing near-term capital needs and reinforcing its pride-of-ownership condition. Residents enjoy onsite garage parking and private laundry hookups, while electricity and gas are separately metered and paid directly by the tenants. Located in one of Montebello's most desirable rental pockets, with convenient access to shopping, dining, schools, major transportation routes, and recreational amenities, this property offers the combination investors look for: strong rental fundamentals, desirable construction, quality improvements, and an exceptional North Montebello location. Seller may offer private financing to a well qualified buyer.

3101 Via San Delarro, Montebello
$1,972,500
CV26169898 MLS ⋅ Active Status
Exceptional opportunity to acquire a 9-unit multi-family community in the highly desirable city of Montebello. Offered at $1,972,500, less than $220,000 per unit, this offering represents and outstanding value in one of the San Gabriel Valley's most supply-constrained rental markets. The property delivers excellent day-one cash flow with a current 6.86% CAP Rate, 10.20 GRM, and a 5.75% cash-on-cash return, while offering additional upside through market rent alignment with projected financials of a 7.15% CAP Rate, 9.90 GRM, and 6.57% cash-on-cash return. Situated on a 15,056 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 stable occupancy. Tenants pay for electricity and gas, while residents enjoy ample open-space parking and a spacious common area, enhancing the property's overall rental appeal. Conveniently 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 rental corridors. Additional opportunity: The adjoining 9-unit property (MLS #CV26169882)is also available for purchase, allowing investors the rare chance to acquire 18 units across two separate parcels. Whether purchased individually or as part of the larger portfolio, this offering combines strong in-place cash flow, attractive pricing, and meaningful upside, making it an outstanding investment opportunity in the Montebello multifamily market.

432 N Poplar Avenue, Montebello
$1,972,500
CV26169882 MLS ⋅ Active Status
Exceptional opportunity to acquire a 9-unit multi-family community in the highly desirable city of Montebello! Offered at $1,972,500, less than $220,000 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 6.85% CAP Rate, 10.30 GRM, and a 5.72% cash-on-cash return, while providing additional upside through market rent alignment with projected financials of a 7.24% CAP Rate, 9.90 GRM, and a 6.83% cash-on-cash return. 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. Additional opportunity: The adjoining 9-unit property (MLS# CV26169898) is also available for purchase, creating a rare opportunity to acquire 18 units across two separate parcels. Whether purchased individually or as part of the combined offering, this property combines strong in-place cash flow, compelling price-per-unit value, and meaningful upside potential, making it an excellent addition to any multifamily investment portfolio.

428 N Poplar Avenue, Montebello
$3,380,000
WS26169060 MLS ⋅ Active Status
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

825 S Greenwood, Montebello
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.