This exceptional 28-unit investment opportunity is located in North Montebello, just two blocks from Monterey Park and across from Topgolf, Quiet Cannon Golf Course, and Montebello Plaza. With charming landscaping, on-site covered parking, and only subject to statewide AB1482 rent control (currently 8.9% as of 01/2025), this property offers stable cash flow and strong growth potential in a prime Montebello location.

Investment Highlights

• Excellent North Montebello Location | Two Blocks From Monterey Park
• Across Top Golf, Quiet Cannon Golf Course and is Walking Distance to Montebello Plaza
• (12) 2 Bed + 1.75 Bath Units, (8) 2 Bed + 1.5 Bath Townhome Style Units, (8) 1 Bed+ 1 Bath Units
• Most Tenants are Eligible for Rent Increases | Realistic Rental Upside of +/- 23%
• Assumable Loan at 3.65% Interest Rate Until August 2028 | Apprx. Balance $4,326,532
• Charming Landscape & Architecture | All Units Have a Balcony or Patio | On-Site Covered Parking
• Additional Monthly Income Procured from Laundry, Storage, Pet & Extra Parking Spaces
• Property is Only Subject to Statewide AB1482 Rent Control (Currently 8.9%)