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252 S 7th Street, 
Montebello, CA 90640

$1,650,000


Bed


Bath


2,304

Sq Ft


Multi-Family

Pending

Listed by

Annie Chen

Alexander Popa

Homegrown Wealth Real Estate

310-853-1438

Last updated:

August 4, 2025, 07:23 AM

MLS#

AR25152445

Source:

CRMLS

About This Home

252 S 7th Street

Turnkey 6-Unit Multifamily Investment | Central Montebello We’re pleased to present this exceptional 6-unit turnkey investment opportunity in the heart of Montebello. All units are renovated 1-bedroom, 1-bathroom apartments that are easy to lease and professionally owned, managed, and operated. The property was fully updated in 2020 and offers reliable, low-maintenance income. Current rents deliver a strong 5.04% cap rate, and when paired with the assumable low-interest loan, the cash-on-cash return is 4.63%—a compelling return in today’s market. Each unit is individually metered for gas and electricity. Trash and water expenses are offset by a RUBS (Ratio Utility Billing System), reducing landlord costs and maximizing net income. Located just minutes from Whittier Blvd’s shopping and dining options, and with convenient access to the 5, 60, 605, and 710 freeways, this property is ideally situated for both tenants and investors. Subject to AB 1482 rent control. which means (1) An annual rent cap: limited to 5?% + local CPI (Consumer Price Index) or 10?%—whichever is lower. (2) Just-cause eviction protections, after 12 months of tenancy. Financing: Assumable Loan Opportunity Take advantage of an existing loan at a fixed 3.28% interest rate through April 30, 2027, with a required down payment of $558,000 and a current loan balance of approximately $1,093,000. Call listing agent for more detail.

Home Facts

Multi-Family

Built in 1915

Price Summary

1,650,000

$716 per Sq. Ft.

MLS #:

AR25152445

Last Updated:

August 4, 2025, 07:23 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,304 Sq. Ft.


Structure

Structure

Building Area:

2,304 Sq. Ft.

Year Built:

1915


Lot

Lot Size (Sq. Ft):

5,505


Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$716 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Platinum Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Platinum Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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