252 S 7th Street, Montebello, CA, 90640
252 S 7th StreetMontebello, CA 90640




Mortgage Calculator
Monthly Payment (Est.)
$7,528Turnkey 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.
4 days ago | Listing first seen on site | |
4 days ago | Listing updated with changes from the MLS® |

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.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.