We are pleased to announce the successful sale of an exceptional investment opportunity located in one of the most desirable residential pockets of Montebello. Situated just north of Beverly Boulevard, this 30-unit multifamily community had been tightly held by the same ownership for nearly half a century before coming to market. The property represented a rare opportunity for investors to acquire a well-located asset with significant rental upside in a consistently strong rental market.

Transaction Highlights

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Investment Highlights

• First Time Offered For Sale in Nearly 50 Years
• Prime North Montebello Location (North of Beverly Blvd)
• Prime North Montebello Location (North of Beverly Blvd)
• Walking Distance to Shops, Restaurants & Daily Conveniences
• Attractively Priced at $226,296 Per Unit!
• Excellent, Highly Rentable Unit Mix: (4) 2 Bed + 2 Bath, (18) 2 Bed + 1 Bath, (8) 1 Bed + 1 Bath
• Value-Add Opportunity | Realistic Rental Upside of Approximately 38%
• Desirable Tenant Amenities | Two On-Site Laundry Rooms | Covered & Garage Parking
• AB 1482 Only | Not Subject to Any Local Rent Control Ordinances