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698 W Olympic

Montebello, CA 90640
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Bed 1

Bed

Bath 1

Bath

SqFt5,504

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,275,000

AD Id : 91316545

MLS Id : OC26203738

Beds : 1

Lot Size : 5,504 Sq. Ft

Year Built : 1915

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1915
    Building Area Total: 2304
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5504 Lot Size Acres: 0.1264 Lot Size Source: Assessor Lot Size Square Feet: 5,504 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $1275000
    CashToNewLoan

  • Location Information

    Direction: North on Bluff Rd, Left on Los Angeles Ave, Left on 7th St WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
432 N Poplar Avenue, Montebello, CA, 90640 $1,947,500 10 9 -- 15,061 Sq. Ft
428 N Poplar Avenue, Montebello, CA, 90640 $1,947,500 10 9 -- 15,072 Sq. Ft
825 S Greenwood, Montebello, CA, 90640 $3,380,000 4 4 -- 41,069 Sq. Ft

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ByOwner last updated this listing 10/02/2026 @ 14:07

MLS: OC26203738 LISTED BY: Pat Swanson, Pat Swanson 949-724-5564 SOURCE: CRMLS

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