Just listed and hitting the market for the first time in half a century, this North Montebello multifamily asset represents a true generational opportunity for investors seeking a high-quality, value-add trophy property in one of Los Angeles County’s most desirable submarkets. Located in the heart of North Montebello, the property offers an ideal unit mix of spacious 2-bedroom + 1-bath apartments that tenants love. Every unit features garage parking, in-unit laundry hookups, and separate gas & electric meters — delivering immediate operational efficiency and strong tenant appeal. The building has been well maintained with a recently updated main electrical panel, while retaining its charming vintage architecture that commands premium rents in today’s market. Positioned within easy walking distance to the vibrant shops, restaurants, and services along Beverly Blvd, the location provides unmatched convenience and lifestyle draw. This rare combination of desirable location, functional unit mix, and income upside positions the asset as a standout investment in a supply-constrained Southern California multifamily landscape.

Investment Highlights

• First Time Property is Being Offered for Sale in 50 Years
• Extremely Desirable North Montebello Location | Trophy Investment
• Desirable Unit Mix Consisting of Spacious 2 Bed + 1 Bath Units
• Value Add Opportunity | Realistic Rental Upside of +/- 68%
• All Units Have Garage Parking | Laundry Hookups | Separate Meters for Gas & Electricity
• Main Electrical Panel has been Updated | Charming Vintage Architecture
• Walking Distance to Shops and Restaurants on Beverly Blvd
• Only Subject to Statewide AB1482 Rent Ordinance | No Local Rent Control