Montebello (674) Homes with Apartment Subtype

Welcome to Montebello, California—an enchanting city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and vibrant community spirit, Montebello is a hidden gem that offers a unique blend of urban convenience and suburban charm. The city boasts an array of amenities, including parks, shopping centers, and a variety of dining options that cater to every palate. With its close proximity to downtown Los Angeles, residents can easily enjoy the bustling city life while retreating to the tranquility of their homes.

One of the most appealing features of Montebello is the availability of homes with apartment subtypes, making it an ideal choice for families, young professionals, and investors alike. These versatile properties offer the perfect solution for multi-generational living or generating rental income, allowing homeowners to maximize their investment. Imagine living in a beautifully designed home while enjoying the benefits of an additional apartment space that can serve as a guest suite, home office, or a source of passive income.

The real estate market in Montebello is thriving, with a variety of options that cater to different lifestyles and budgets. From charming single-family homes to modern duplexes, there’s something for everyone. The sense of community here is palpable, with local events and festivals that bring neighbors together, fostering lasting friendships.

If you’re looking for a place that combines the best of both worlds—convenience and comfort—Montebello is the perfect destination to call home. Explore the possibilities and discover your dream property in this delightful city!

Newest Montebello (674) Homes with Apartment Subtype

$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

$1,375,000

WS26051036 MLS ⋅ Active Status

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.

252 S 7th, 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.