252 S 7th St - Apartments FOR SALE


Montebello, CA 90640
$1,495,000 USD
626-696-0115
252 S 7th St, Montebello, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/24
null | 4.01% Cap Rate

252 S 7th St
Montebello, CA 90640


HIGHLIGHTS

  • Turnkey remodeled interior units
  • Market Rents and fully occupied

OVERVIEW

What if your next investment property already came with six renovated units producing stable rental income in one of Montebello’s strongest rental markets? We are pleased to present a turn-key 6-unit investment opportunity in the heart of Montebello, offering investors a rare chance to acquire a well-maintained, income-producing property with strong rental demand. The property features six renovated 1-bedroom, 1-bathroom units that are easy to rent and professionally owned and operated, making this an ideal asset for investors seeking stable cash flow and long-term appreciation. Ownership has completed numerous recent renovations and capital improvements, allowing a new owner to step into a low-maintenance, professionally managed asset from day one. Each unit is separately metered for gas and electricity, and the owner has implemented a RUBS (Ratio Utility Billing System) for water and trash, helping reduce operating expenses and improve overall property efficiency. Tenants benefit from the property’s prime central location near Whittier Boulevard, placing them within close proximity to a wide range of shopping, dining, and everyday conveniences.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$649 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

4.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,502 SF

ZONING

MNR3*

APN/PARCEL ID

6349-009-026

ASK ABOUT THIS PROPERTY

Clarence YeungeXp Realty of California IncMore Info
626-696-0115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Clarence YeungeXp Realty of California IncMore Info
626-696-0115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.