252 S 7th Street, Montebello, CA, 90640

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$1,650,000
3 Days On Site

252 S 7th Street
Montebello, CA 90640

For Sale|Apartment|Active
0
Beds
0
Total Baths
2,304
SqFt
$716
/SqFt
1915
Built
County:
Los Angeles
Listed by Annie Chen of Homegrown Wealth Real Estate [email protected]
252 S 7th Street252 S 7th Street252 S 7th Street252 S 7th Street
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Mortgage Calculator

Monthly Payment (Est.)

$7,528
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Turnkey 6-Unit Multifamily Investment | Central Montebello We’re pleased to present this exceptional 6-unit turnkey investment opportunity in the heart of Montebello. All units are renovated 1-bedroom, 1-bathroom apartments that are easy to lease and professionally owned, managed, and operated. The property was fully updated in 2020 and offers reliable, low-maintenance income. Current rents deliver a strong 5.04% cap rate, and when paired with the assumable low-interest loan, the cash-on-cash return is 4.63%—a compelling return in today’s market. Each unit is individually metered for gas and electricity. Trash and water expenses are offset by a RUBS (Ratio Utility Billing System), reducing landlord costs and maximizing net income. Located just minutes from Whittier Blvd’s shopping and dining options, and with convenient access to the 5, 60, 605, and 710 freeways, this property is ideally situated for both tenants and investors. Subject to AB 1482 rent control. which means (1) An annual rent cap: limited to 5?% + local CPI (Consumer Price Index) or 10?%—whichever is lower. (2) Just-cause eviction protections, after 12 months of tenancy. Financing: Assumable Loan Opportunity Take advantage of an existing loan at a fixed 3.28% interest rate through April 30, 2027, with a required down payment of $558,000 and a current loan balance of approximately $1,093,000. Call listing agent for more detail.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,304 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1264 Acres
Year Built 
1915
MLS® Number 
AR25152445
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1264
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2304
Water Source 
Public
Zoning 
MNR3*
Interior Features
Cooling 
Central Air
Fireplace Features 
None
Heating 
Central
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Park
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
674 - Montebello


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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