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221 South Maple Avenue

Montebello CA 90640

4
12178 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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 areas 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.

Features

4 bedrooms
12178 sq. ft. lot size
Multi-Family

Happy sellers in Montebello

<50%
Less than 50% of sellers in Montebello reported that their sale price either exceeded or met their price expectations.

Montebello stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Montebello over the last 12 months.

Local market activity for 4 bedroom multi families in Montebello

In the last 12 months, 3 four-bedroom multi families similar to 221 South Maple Avenue, have been sold.

This represents a 200% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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