Eric Dilanian and Shant Sherbetdjian of RE/MAX Commercial & Investment Realty, are pleased to present for sale an exceptional investment opportunity nestled in one of North Montebello’s most desirable residential pockets—just north of Beverly Blvd—this 30-unit multifamily community is being offered for sale for the first time in nearly half a century. Long held, the property presents a rare chance to acquire an asset with substantial rental upside in a consistently strong rental market.

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