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432 N Poplar Avenue

Montebello, CA 90640
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Bed 10

Bed

Bath 9

Bath

SqFt15,061

Sqft(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 and outstanding value in one of the San Gabriel Valley's most supply-constrained rental markets. The property delivers excellent day-one cash flow with a current 6.86% CAP Rate, 10.20 GRM, and a 5.75% cash-on-cash return, while offering additional upside through market rent alignment with projected financials of a 7.15% CAP Rate, 9.90 GRM, and 6.57% cash-on-cash return. Situated on a 15,056 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 stable occupancy. Tenants pay for electricity and gas, while residents en joy ample open-space parking and a spacious common area, enhancing the property's overall rental appeal. Conveniently 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 rental corridors. Additional opportunity: The adjoining 9-unit property (MLS #CV26169882)is also available for purchase, allowing investors the rare chance to acquire 18 units across two separate parcels. Whether purchased individually or as part of the larger portfolio, this offering combines strong in-place cash flow, attractive pricing, and meaningful upside, making it an outstanding investment opportunity in the Montebello multifamily market.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,972,500

AD Id : 89085473

MLS Id : CV26169898

Beds : 10

Lot Size : 15,061 Sqft

Year Built : 1949

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: Shingle
    Laundry Features: None
  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1949
    Building Area Total: 3916
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 15061 Lot Size Acres: 0.3458 Lot Size Source: Assessor Lot Size Square Feet: 15,061 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1972500
    CashToNewLoan

  • Tax Information

    Parcel Number: 6347001003 Tax Lot: 6347 Tax Block: 001

  • 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
428 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 @ 12:54

MLS: CV26169898 LISTED BY: Kristopher German, RE/MAX 2000 REALTY 626-956-0188 SOURCE: CRMLS

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