252 S 7th Street

Montebello, CA 90640

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,304 Sqft
  • 5504
    Sqft(Lot)
$1,650,000

Description

Turnkey 6-unit multifamily investment | central montebello

we’re pleased to present this exceptional 6-unit turnkey investment opportunity in the heart of montebello. all units are renovated 1-bedroom, 1-bathroom apartments that are easy to lease and professionally owned, managed, and operated. the property was fully updated in 2020 and offers reliable, low-maintenance income.

current rents deliver a strong 5.04% cap rate, and when paired with the assumable low-interest loan, the cash-on-cash return is 4.63%—a compelling return in today’s market.

each unit is individually metered for gas and electricity. trash and water expenses are offset by a rubs (ratio utility billing system), reducing landlord costs and maximizing net income.

located just minutes from whittier blvd’s shopping and dining options, and with convenient access to the 5, 60, 605, and 710 freeways, this property is ideally situated for both tenants and investors. subject to ab 1482 rent control. which means (1) an annual rent cap: limited to 5?% + local cpi (consumer price index) or 10?%—whichever is lower. (2) just-cause eviction protections, after 12 months of tenancy.



financing: assumable loan opportunity

take advantage of an existing loan at a fixed 3.28% interest rate through april 30, 2027, with a required down payment of $558,000 and a current loan balance of approximately $1,093,000. call listing agent for more detail.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50371802

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1915
    • Building Area Total: 2,304

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1264
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5504

  • Listing Price Information

    • Original List Price: 1,650,000
    • Listing Contract Date: 2025-07-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6349009026

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 674 - Montebello
    • Postal Code Plus 4: 4756
    • Directions: Take 605 Exit Whittier to Seven Ave
    • Zoning: MNR3*
    • Source Property Type: Residential Income
    • Area: 674 - Montebello
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 110
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Other
    • Entry Level: 1
    • Entry Location: 1
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BuyOwner last updated this listing 07/25/2025 @ 15:49

  • MLS: AR25152445
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 2,304 sqft, 5,504 sized lot, and 1 parking. are nearby neighborhoods.