252 S 7th St Montebello, CA 90640
Estimated payment $10,684/month
Total Views
1,870
1
Bed
1
Bath
2,304
Sq Ft
$716
Price per Sq Ft
Highlights
- Park
- Central Heating and Cooling System
- Level Lot
About This Home
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.
Listing Agent
Homegrown Wealth Real Estate Brokerage Phone: 562-556-3511 License #00969419 Listed on: 07/08/2025
Co-Listing Agent
Homegrown Wealth Real Estate Brokerage Phone: 562-556-3511 License #02048269
Property Details
Home Type
- Apartment
Year Built
- Built in 1915
Lot Details
- 5,504 Sq Ft Lot
- No Common Walls
- Level Lot
- Density is 11-15 Units/Acre
Parking
- 5 Open Parking Spaces
- 1 Car Garage
Interior Spaces
- 2,304 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 1
- Assessor Parcel Number 6349009026
- $1,406 per year additional tax assessments
Community Details
Overview
- 6 Units
Recreation
- Park
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $250
- Fuel Expense $100
- Gardener Expense $900
- Insurance Expense $4,861
- Pest Control $175
- Trash Expense $350
- Water Sewer Expense $100
- New Taxes Expense $18,975
- Operating Expense $12,355
- Gross Income $114,428
- Net Operating Income $83,098
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $1,650,000 | +13.0% | $716 / Sq Ft |
| 09/01/2023 09/01/23 | Sold | $1,460,000 | 0.0% | $634 / Sq Ft |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 06/02/2023 06/02/23 | For Sale | $1,460,000 | 0.0% | $634 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $1,460,000 | +61.3% | $634 / Sq Ft |
| 02/26/2020 02/26/20 | Sold | $905,000 | -4.7% | $393 / Sq Ft |
| 01/16/2020 01/16/20 | Pending | -- | -- | -- |
| 01/06/2020 01/06/20 | Price Changed | $950,000 | -9.5% | $412 / Sq Ft |
| 11/12/2019 11/12/19 | For Sale | $1,050,000 | -- | $456 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Home in Montebello, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25152445
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 2436 & 2438 W Repetto Ave
- 2432 & 2434 W Repetto Ave
- 247 Cedar Ct
- 236 S 5th St
- 418 W Los Angeles Ave
- 439 S Montebello Blvd
- 132 S 4th St
- 1019 Sequoia Place
- 224 S Greenwood Ave
- 522 S 5th St
- 117 N 5th St Unit B
- 219 S Greenwood Ave
- 116 S 3rd St
- 862 W Mines Ave
- 416 W Cleveland Ave
- 541 Calle Cielo
- 133 N 2nd St
- 140 N Greenwood Ave
- 128 N 1st St
- 744 S 5th St