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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,375,000

Est. payment - /mo

5,505 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26051036

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1915

Lot Size 5,505 Sqft

Property Sub-Type Apartment

Property Description

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. The property also offers excellent regional connectivity with easy access to the 5, 60, 605, and 710 freeways, making commuting throughout Los Angeles County convenient.

With renovated units, strong in-place rental income, and a desirable location in the San Gabriel Valley, this property presents an excellent opportunity for investors seeking a stable long-term hold or a strategic 1031 exchange acquisition.

Property is subject to AB 1482 rent control regulations.

Location

State CA

County Los Angeles

Area 674 - Montebello

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Asphalt

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 6349009026

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by CLARENCE YEUNG eXp Realty of California Inc 626-696-0115, DRE #01897557

NEARBY SCHOOL & BUSINESS

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252 S 7th Montebello, CA 90640