This well-maintained multi-unit property in North Montebello, offered for sale for the first time in 15 years, features spacious 2-bedroom, 1-bathroom units with strong rental potential. Family-owned and operated, the property includes an on-site laundry room with owner-owned machines and garage parking for all units. Recent capital improvements include full copper plumbing, updated electrical panels, and new vinyl windows. With a 12.30 GRM and 5.47% cap rate on current rents, the property offers rental upside. Located within walking distance to shops and restaurants on Whittier Blvd, and with easy access to the 5, 60, and 605 Freeways, this property is only subject to statewide AB1482 rent control.

Investment Highlights

• Desirable North Montebello Location | Situated North of Whittier Blvd
• First Time Offered For Sale in 15 Years!
• Family Owned, Managed & Operated
• Excellent Unit Mix Consisting of Spacious 2 Bedroom + 1 Bathroom Units
• On-Site Laundry Room (with Owner-Owned Laundry Machines)
• Garage Parking for All Units
• Separately Metered for Gas & Electricity
• Strong In-Place Rents with Rental Upside Potential
• Capital Improvements (Full Copper Plumbing, Updated Electrical Panels, All New Vinyl Windows)
• 12.30 GRM & 5.47% Cap Rate on Current Rents
• Considered Very Walkable (83 Walk Score) | Walking Distance to Shops & Restaurants on Whittier Blvd
• Conveniently Located Near the 5, 60 and 605 Freeways
• Property is only Subject to Statewide AB1482 Rent Control | No Local Rent Control