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Investment Highlights

  • Turnkey remodeled interior units
  • Market Rents and fully occupied

Executive Summary

What if your next investment property already came with six renovated units producing stable rental income in one of Montebello’s strongest rental markets? We are pleased to present a turn-key 6-unit investment opportunity in the heart of Montebello, offering investors a rare chance to acquire a well-maintained, income-producing property with strong rental demand. The property features six renovated 1-bedroom, 1-bathroom units that are easy to rent and professionally owned and operated, making this an ideal asset for investors seeking stable cash flow and long-term appreciation. Ownership has completed numerous recent renovations and capital improvements, allowing a new owner to step into a low-maintenance, professionally managed asset from day one. Each unit is separately metered for gas and electricity, and the owner has implemented a RUBS (Ratio Utility Billing System) for water and trash, helping reduce operating expenses and improve overall property efficiency. Tenants benefit from the property’s prime central location near Whittier Boulevard, placing them within close proximity to a wide range of shopping, dining, and everyday conveniences.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $101,975 $44.24
Other Income - -
Vacancy Loss - -
Effective Gross Income $101,975 $44.24
Taxes $21,477 $9.32
Operating Expenses $20,552 $8.92
Total Expenses $42,029 $18.23
Net Operating Income $59,946 $26.01

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $101,975
Annual Per SF $44.24
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $101,975
Annual Per SF $44.24
Taxes
Annual $21,477
Annual Per SF $9.32
Operating Expenses
Annual $20,552
Annual Per SF $8.92
Total Expenses
Annual $42,029
Annual Per SF $18.23
Net Operating Income
Annual $59,946
Annual Per SF $26.01

Property Facts

Price $1,495,000
Price Per Unit $249,167
Sale Type Investment
Cap Rate 4.01%
Gross Rent Multiplier 14.67
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.13 AC
Building Size 2,305 SF
Average Occupancy 100%
No. Stories 2
Year Built 1915
Parking Ratio 1.74/1,000 SF
Zoning MNR3* - Zoned R-3 for multi-family use. Allows duplexes, triplexes, and apartments. Buyer to verify zoning and development potential.

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen

Site Amenities

  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
6349-009-026
Land Assessment
$775,200
Improvements Assessment
$714,000
Total Assessment
$1,489,200
Annual Taxes
$21,477 ($9.32/SF)
Tax Year
2025
  • Listing ID: 40149767

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 252 S 7th St, Montebello, CA 90640

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