252 S 7th St Montebello, CA 90640
Montebello AreaEstimated payment $9,077/month
About This Home
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. The property also offers excellent regional connectivity with easy access to the 5, 60, 605, and 710 freeways, making commuting throughout Los Angeles County convenient. With renovated units, strong in-place rental income, and a desirable location in the San Gabriel Valley, this property presents an excellent opportunity for investors seeking a stable long-term hold or a strategic 1031 exchange acquisition.
Listing Agent
eXp Realty of California Inc Brokerage Phone: 626-696-0115 License #01897557 Listed on: 03/09/2026
Co-Listing Agent
eXp Realty of California Inc Brokerage Phone: 626-696-0115 License #02151694
Property Details
Home Type
- Apartment
Year Built
- Built in 1915 | Remodeled
Lot Details
- 5,504 Sq Ft Lot
- No Common Walls
- Corner Lot
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,304 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- Parking Available
- Driveway
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 6349009026
- $1,465 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,995
- Insurance Expense $3,627
- Maintenance Expense $10,897
- Professional Management Expense $6,125
- Water Sewer Expense $278
- New Taxes Expense $21,477
- Operating Expense $40,574
- Gross Income $114,540
- Net Operating Income $73,966
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,357 | $1,489,200 | $775,200 | $714,000 |
| 2024 | $21,478 | $1,460,000 | $760,000 | $700,000 |
| 2023 | $14,487 | $951,314 | $635,961 | $315,353 |
| 2022 | $14,019 | $932,662 | $623,492 | $309,170 |
| 2021 | $13,571 | $914,375 | $611,267 | $303,108 |
| 2020 | $1,936 | $43,023 | $21,942 | $21,081 |
| 2019 | $1,903 | $42,190 | $21,512 | $20,678 |
| 2018 | $1,798 | $41,373 | $21,091 | $20,282 |
| 2016 | $1,662 | $39,307 | $20,273 | $19,034 |
| 2015 | $1,613 | $38,718 | $19,969 | $18,749 |
| 2014 | $1,630 | $37,960 | $19,578 | $18,382 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2026 06/11/26 | For Sale | $1,375,000 | 0.0% | $597 / Sq Ft | |
| 06/09/2026 06/09/26 | Off Market | $1,375,000 | -- | -- | |
| 05/25/2026 05/25/26 | Price Changed | $1,375,000 | -3.2% | $597 / Sq Ft | |
| 05/07/2026 05/07/26 | Price Changed | $1,420,000 | -5.0% | $616 / Sq Ft | |
| 03/09/2026 03/09/26 | For Sale | $1,495,000 | +2.4% | $649 / Sq Ft | |
| 09/01/2023 09/01/23 | Sold | $1,460,000 | 0.0% | $634 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 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)
MLS Number: WS26051036
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
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