Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.
Property Details
Price:
$1,148,000
MLS #:
OC26203738
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
674montebello
Listed Date:
Oct 6, 2026
Total Sq Ft:
2,304
Lot Size:
5,504 sqft / 0.13 acres (approx)
Year Built:
1915
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
SDW, SUB
Financial
Map
Community
- Address698 W Olympic Montebello CA
- CityMontebello
- CountyLos Angeles
- Zip Code90640
Subdivisions in Montebello
Market Summary
Current real estate data for Single Family in Montebello as of Oct 15, 2026
111
Single Family Listed
78
Avg DOM
304
Avg $ / SqFt
$714,208
Avg List Price
Property Summary
- 698 W Olympic Montebello CA is a Single Family for sale in Montebello, CA, 90640. It is listed for $1,148,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1915. The average price per square foot for Single Family listings in Montebello is $304. The average listing price for Single Family in Montebello is $714,208.
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Courtesy of Pat Swanson. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.698 W Olympic
Montebello, CA