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    Apartment Building with Garage Parking
    Updated: Apr 21
    Apartment Building with Garage Parking

    328 N 2nd St, Montebello, CA 90640

    $2,150,000
    7,559 sqft 0.33 AC lot
    0.3317‑acre lot
    7,559 SF apartment building built in 1947
    Spacious 2‑bedroom, 1‑bath units averaging nearly 900 SF
    Garage parking with laundry hookups in each unit
    Private rear entrances for individual units
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    This listing looks promising.

    Here's a quick look at some key insights for

    328 N 2nd St, Montebello, CA 90640

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $122K
      Annual

    • Price @ 7% Cap

      $1.74M
      Suggested

    • Property Type

      Apartment House
      Built 1947
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    Five-Unit Apartment Building
    Updated: Apr 13
    Five-Unit Apartment Building

    125 N 4th St, Montebello, CA 90640

    $1,295,000
    2,674 sqft 0.14 AC lot
    Five‑unit configuration with one 2‑bedroom home and four 1‑bedroom units
    2,674 square feet on a 0.1436‑acre site
    Detached home plus four additional 1‑bedroom, 1‑bath residences
    Garage and covered parking included
    MNR3* zoning; built in 1953
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    11-Unit Apartment Building
    11-Unit Apartment Building

    500 S 6th St, Montebello, CA 90640

    $2,638,000
    10,556 sqft 0.38 AC lot

    Townhome-style residences offer two bedrooms, one and a half baths, and private outdoor areas in select units.

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    Remodeled Apartment Building
    Remodeled Apartment Building

    1109 South Spruce Street, Montebello, CA 90640

    $1,395,000
    3,550 sqft 0.13 AC lot

    Five-unit apartment property with updated interiors, covered parking, and access to regional employment, retail, and transit connections.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Twin Palm Multifamily Apartment Buildings
    Twin Palm Multifamily Apartment Buildings

    116-128 N Poplar Ave, Montebello, CA 90640

    $8,950,000
    33,639 sqft 1.37 AC lot

    Two adjoining parcels totaling 39 units, with multiple laundry rooms and individually metered gas and electricity.

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    North Montebello Multifamily Property
    North Montebello Multifamily Property

    125 North 4th Street, Montebello, CA 90640

    $1,295,000
    2,674 sqft

    Five-unit multifamily property located in North Montebello.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    3101 Via San Delarro, Montebello, CA 90640

    $2,275,000
    0.26 AC lot

    Three triplex structures offer a varied unit mix, garage parking, and private laundry hookups.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    428 N Poplar Avenue, Montebello, CA 90640

    $1,972,500
    0.35 AC lot

    The property offers a mixed one- and two-bedroom unit configuration with open-space parking and a shared outdoor area.

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    North Montebello Multifamily Investment
    North Montebello Multifamily Investment

    328 North 2nd Street, Montebello, CA 90640

    $2,150,000
    7,559 sqft

    Eight premium units in North Montebello.

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    Montebello Town-Homes For Sale
    Montebello Town-Homes For Sale

    500 South 6th Street, Montebello, CA 90640

    $2,638,000
    10,556 sqft

    Eleven two-bedroom town-homes available in Montebello, California.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    3101 Via, Montebello, CA 90640

    $2,275,000
    0.26 AC lot

    Three triplex structures offer varied layouts, garage parking, and private laundry hookups in North Montebello.

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    Montebello Multifamily Property For Sale
    Montebello Multifamily Property For Sale

    509 - 523 N. 3rd St. |, Montebello, CA 90640

    Contact for pricing
    11,923 sqft 0.37 AC lot

    12-unit multifamily property with vacant land in Montebello, CA.

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    Apartment Building with Wall/Window Units
    Apartment Building with Wall/Window Units

    432 N Poplar Avenue, Montebello, CA 90640

    $1,972,500

    MNC2* zoning and 1949 construction characterize this multifamily property in Montebello.

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    6-Unit Renovated Apartment Building
    6-Unit Renovated Apartment Building

    252 S 7th, Montebello, CA 90640

    $1,375,000

    Renovated one-bedroom units feature separate gas and electric metering, plus RUBS billing for water and trash.

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    Montebello Multifamily Investment Opportunity
    Montebello Multifamily Investment Opportunity

    620 N Wilcox Ave, Montebello, CA 90640

    Contact for pricing
    18,436 sqft

    Rare 17-unit property in a desirable, low-vacancy area.

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    Freestanding Cottage Apartment Community
    Freestanding Cottage Apartment Community

    1009 W Los Angeles Ave, Montebello, CA 90640

    Contact for pricing

    Six freestanding cottage-style apartment homes offer 1 bed, 1 bath layouts with private yards and single-car garages.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 16 Active listings in Montebello, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Unit Apartment Community
    12-Unit Apartment Community

    6150 E Olympic Blvd, Los Angeles, CA 90022

    $2,995,000
    7,956 sqft 0.24 AC lot

    Well-maintained apartment property with a pool, garage parking, and on-site laundry facilities.

    View details
    Well-Maintained Six-Unit Income Property
    Well-Maintained Six-Unit Income Property

    4918 NW Tobias Avenue 6, Pico Rivera, CA 90660

    $2,250,000
    4,504 sqft 0.28 AC lot

    Six fully occupied units within a well-kept multifamily building, with a roof replacement completed for all units three years ago.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    6-4918 Tobias Ave, Pico Rivera, CA 90660

    $2,250,000
    4,504 sqft 0.28 AC lot

    Fully occupied multifamily property with month-to-month tenancy and a recently replaced roof serving all units.

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    Non-Rent Controlled Multifamily Building
    Non-Rent Controlled Multifamily Building

    1212 Amalia Avenue, Los Angeles, CA 90022

    Contact for pricing
    7,474 sqft

    Ten-unit multifamily property with washer/dryer hookups and eight rentable garages for storage income.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Income-Restricted Housing Project
    Entitled Income-Restricted Housing Project

    3812 W Adams Blvd, Los Angeles, CA 90018

    $3,900,000
    15,359 sqft 0.35 AC lot

    Entitled 106-unit income-restricted housing project with RTI permits.

    View details

    Off-Market Properties in Montebello, CA

    Consider similar Off-Market properties in Montebello, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    524 Poplar Ave
    APARTMENT HOUSE (5+ UNITS)

    524 Poplar Ave, Montebello, CA 90640-3655

    $4,420,000
    Estimated value
    24,506 sqft 0.82 AC lot
    View details
    439 Montebello Blvd
    APARTMENT HOUSE (5+ UNITS)

    439 Montebello Blvd, Montebello, CA 90640-5140

    $875,000
    Estimated value
    2,610 sqft 0.21 AC lot
    View details
    1032 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    1032 Greenwood Ave, Montebello, CA 90640-6030

    $320,000
    Estimated value
    6,142 sqft 0.27 AC lot
    View details
    133 2nd St
    APARTMENT HOUSE (5+ UNITS)

    133 2nd St, Montebello, CA 90640-5359

    $280,000
    Estimated value
    4,145 sqft 0.14 AC lot
    View details
    1504 Beverly Blvd
    APARTMENT HOUSE (5+ UNITS)

    1504 Beverly Blvd, Montebello, CA 90640-3953

    $250,000
    Estimated value
    3,583 sqft 0.15 AC lot
    View details
    925 Carob Way
    APARTMENT HOUSE (5+ UNITS)

    925 Carob Way, Montebello, CA 90640-5825

    $1,555,000
    Estimated value
    8,798 sqft 0.31 AC lot
    View details
    137 3rd St
    APARTMENT HOUSE (5+ UNITS)

    137 3rd St, Montebello, CA 90640-5356

    Value Estimation by Request
    4,040 sqft 0.14 AC lot
    View details
    128 Poplar Ave
    APARTMENT HOUSE (5+ UNITS)

    128 Poplar Ave, Montebello, CA 90640-4839

    $4,935,000
    Estimated value
    11,101 sqft 0.62 AC lot
    View details

    Montebello, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Montebello, CA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 109,126 square feet of properties for sale, with an estimated market value of $32,381,000.

    Sale prices for two-family homes in Montebello, CA start at $1,295,000, averaging $2,490,846, and reaching up to $8,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 62K
    Population Growth (5Y) -2.5%
    Median Household Income $74,833
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Montebello submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    90640 $3.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.46%
    Property Tax per SF $13.05 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

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