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805 S 10th St 2 Unit Apartment Building Offered at $1,268,000 at a 6.17% Cap Rate Montebello, CA 90640



Investment Highlights
- All-new electrical wiring and panel, fully repiped plumbing, and a brand-new roof.
- Offers strong income potential with low operating expenses
- HIgh-grade vinyl planks, new recessed lighting, fresh interior and exterior paint
Executive Summary
Welcome to a fully remodeled property offering modern living, exceptional comfort, and a beautifully designed permitted ADU, perfect for multi-generational living or rental income. The main residence has been completely upgraded from top to bottom. The main house is designed to potentially accommodate a JADU. Enjoy peace of mind with all-new electrical wiring and panel, fully repiped plumbing, and a brand-new roof. Thoughtfully designed for year-round comfort, the home features five new ductless mini-split systems providing individual hot/cold control for all bedrooms, the living room, and the dining/kitchen area. Step inside to an inviting interior showcasing new high-grade vinyl planks, new recessed lighting, fresh interior and exterior paint, and all-new dual-pane windows with custom mini-blinds. The living room offers a cozy fireplace, creating a warm focal point for gatherings. The beautifully remodeled kitchen includes a new sink, stove/oven, range hood, quartz countertops, and premium cabinetry. The home features 4 bedrooms and 3 bathrooms, including two primary suite and private bath. All bathrooms include elegant tile flooring. Additional conveniences include a water-leak detector, new side vinyl fencing for enhanced privacy, and a designated outdoor laundry area. Brand new ADU with 1200 sqft includes 3 bedrooms, 2 baths, its own individual water/electric meters, central A/C, dual-pane windows, recessed lighting, energy-efficient insulation, quartz kitchen with island, electric appliances, dishwasher, custom cabinets, water-leak detector, private vinyl fencing, and washer/dryer hookups. This property is truly turnkey with comprehensive upgrades and two fully modernized living spaces. A rare opportunity in Montebello—don’t miss it! Buyer to verify all information and satisfy themselves.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$96,000
|
$32.76
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,000
|
$32.76
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $32.76 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $32.76 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,268,000 | Property Type | Multifamily |
| Price Per Unit | $634,000 | Building Size | 2,930 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.17% | Year Built/Renovated | 1952/2025 |
| No. Units | 2 |
| Price | $1,268,000 |
| Price Per Unit | $634,000 |
| Sale Type | Investment |
| Cap Rate | 6.17% |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,930 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1952/2025 |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Washer/Dryer Hookup
- Range
- Mother-in-law Unit
- Vinyl Flooring
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $4,800 | 1,730 |
| 3+2 | 1 | $3,200 | 1,200 |
1 1
Property Taxes
| Parcel Number | 6352-022-011 | Improvements Assessment | $57,871 |
| Land Assessment | $231,504 | Total Assessment | $289,375 |
Property Taxes
Parcel Number
6352-022-011
Land Assessment
$231,504
Improvements Assessment
$57,871
Total Assessment
$289,375
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805 S 10th St
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