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.
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.
Property Details
Price:
$1,972,500
MLS #:
CV26169882
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
674montebello
Listed Date:
Aug 4, 2026
Total Sq Ft:
3,916
Lot Size:
15,072 sqft / 0.35 acres (approx)
Year Built:
1950
See this Listing
Schools
Interior
Appliances
NO
Cooling
WW
Laundry Features
NO
Levels
A
Exterior
Accessibility Features
NO
Common Walls
_2CW
Community Features
SDW, SL
Fencing
BW
Parking Spots
9
Parking Total
9
Roof
SHN
Spa Features
NO
View
NO
Financial
Maintenance Fee
$6,750
Map
Community
- Address428 N Poplar AV Montebello CA
- CityMontebello
- CountyLos Angeles
- Zip Code90640
Subdivisions in Montebello
Market Summary
Current real estate data for Single Family in Montebello as of Aug 14, 2026
75
Single Family Listed
84
Avg DOM
305
Avg $ / SqFt
$717,278
Avg List Price
Property Summary
- 428 N Poplar AV Montebello CA is a Single Family for sale in Montebello, CA, 90640. It is listed for $1,972,500 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1950. The average price per square foot for Single Family listings in Montebello is $305. The average listing price for Single Family in Montebello is $717,278.
Similar Listings Nearby
428 N Poplar AV
Montebello, CA


