428 N Poplar Avenue
Montebello, CA 90640
10
Bed
9
Bath
15,072Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: ShingleLaundry Features: None -
Heating & Cooling
Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1950Building Area Total: 3916Stories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 15072 Lot Size Acres: 0.346 Lot Size Source: Assessor Lot Size Square Feet: 15,072 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $1972500CashToNewLoan
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Tax Information
Parcel Number: 6347001004 Tax Lot: 6347 Tax Block: 001
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Virtual Tour
Parking Information
Parking Total: 9 Assigned, Asphalt
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Utility Information
ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: East of Montebello Blvd. North of Whittier Blvd. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 432 N Poplar Avenue, Montebello, CA, 90640 | $1,972,500 | 10 | 9 | -- | |
| 825 S Greenwood, Montebello, CA, 90640 | $3,380,000 | 4 | 4 | -- |
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ByOwner last updated this listing 08/18/2026 @ 14:36
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