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Just Listed...Excellent Price Per Unit! Rare opportunity to acquire two side-by-side 5-unit properties in the city of Montebello, offering investors the chance to purchase 10 total units across two separate parcels in one of the area's most supply-constrained rental markets. Offered at $2,295,000, this unique investment features a desirable layout with six single-story units and four second-level units with parking below. The property offers an efficient unit mix consisting of six 1-Bed/1-Bath units and four Studio apartments, appealing to a broad range of tenants and supporting strong occupancy. Residents benefit from onsite garage parking, while investors benefit from tenants paying for their own utility usage, helping keep operating expenses under control. A major advantage of this offering is the absence of local city rent control, providing investors with greater operational flexibility and long-term rental growth potential. With a massive 30% upside in rental income, the property presents a clear value-add opportunity to significantly increase cash-flow over time. Located in a prime Montebello rental pocket just minutes from Montebello Park, Whittier Boulevard, schools, and major amenities, this is a rare chance to invest in a market where multifamily inventory rarely becomes available.
Property Type(s):
Residential Income
| Last Updated | 5/28/2026 | Year Built | 1947 |
|---|---|---|---|
| Community | 674 - Montebello | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 674 - Montebello |
| GARAGE | Yes |
| LOT | 0.2796 acre(s) |
| LOT DIMENSIONS | 12178 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with RE/MAX 2000 REALTY
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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