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    524 N Poplar Ave Montebello, CA 90640

    Sponsored
    For Sale
    $6,788,888

    MULTI_FAMILY - Montebello, CA

    Property size:
    24,506 SF
    Lot size:
    0.82 Acres
    Days on Market:
    14
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 524 N Poplar Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    MNR3YY
    Rooms
    Bathroom 26, Bathroom 6, Bathroom 22, Bedroom 39, Bathroom 8, Bathroom 11, Bedroom 42, Bedroom 36, Bedroom 35, Bathroom 9, Bedroom 13, Bathroom 30, Bedroom 25, Bedroom 40, Bathroom 3, Bedroom 8, Bedroom 10, Bathroom 21, Bedroom 48, Bathroom 32, Bedroom 44, Bedroom 15, Bathroom 5, Bathroom 13, Bathroom 2, Bathroom 29, Bedroom 11, Bathroom 15, Bedroom 31, Bedroom 45, Bedroom 52, Bedroom 14, Bedroom 19, Bedroom 51, Bathroom 12, Bedroom 22, Bathroom 25, Bedroom 5, Bedroom 34, Bedroom 3, Bathroom 19, Bedroom 33, Bathroom 24, Bedroom 29, Bathroom 16, Bedroom 12, Bedroom 6, Bedroom 4, Bathroom 18, Bedroom 1, Bathroom 33, Bathroom 28, Bathroom 34, Bedroom 26, Bedroom 20, Bathroom 14, Bathroom 23, Bedroom 47, Bedroom 16, Bedroom 23, Bedroom 18, Bathroom 20, Bathroom 10, Bathroom 27, Bedroom 30, Bedroom 7, Bedroom 17, Bedroom 32, Bedroom 21, Bathroom 31, Bedroom 43, Bathroom 17, Bedroom 50, Bedroom 9, Bathroom 4, Bedroom 46, Bedroom 28, Bedroom 49, Bedroom 24, Bedroom 27, Bathroom 1, Bathroom 7, Bedroom 38, Bedroom 37, Bedroom 41, Bedroom 2
    Bedrooms
    52
    Bathrooms
    34
    APN
    5278-027-026
    Parking
    34
    Parking features
    Covered
    Size
    24,506 SF
    Lot size
    0.82 Acres

    Building Details

    Year built
    1963
    Floors in Building
    2
    Number of units
    30

    RE/MAX Commercial & Investment (310) 802-2500 [email protected]

    Listing agent Eric Dilanian (213) 817-1000 License #01951699

    Listing date Dec 24, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Montebello Multifamily Investment Opportunity

    Located in North Montebello, this 30-unit multifamily community is offered for sale for the first time in nearly half a century. The property features a mix of spacious floor plans, including four 2-bedroom/2-bath units, eighteen 2-bedroom/1-bath units, and eight 1-bedroom/1-bath units. The property offers potential for value-add improvements, with a rental upside of approximately 38%. On-site amenities include two laundry rooms, covered parking, and garage parking. The location provides walkability to restaurants, cafes, and conveniences along Beverly Blvd and Montebello Blvd. The property is subject to statewide AB 1482 and not impacted by local rent control measures. The lot size is 0.8218 acres and the property size is 24506 square feet. The property is being offered for sale alongside a portfolio totaling 49 units with apartments located in Silver Lake, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Infinity Electric Electrician

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montebello
    County
    Los Angeles
    State
    California
    Longitude
    -118.096672
    Latitude
    34.016238

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    FAQs

    What type of property is this?
    Apartment building - 30-unit multifamily property with significant rental upside in Montebello, CA.
    Where is this apartment building located?
    The property is located at 524 N Poplar Ave Montebello, CA.
    What is the asking price?
    The asking price for this property is $6,788,888.
    What are key features of this property?
    This property features: - Rare opportunity to acquire a 30-unit multifamily community, being offered for sale for the first time in nearly 50 years.; - Significant rental upside (approximately 38%) in a strong rental market.; - Located in a desirable residential area of North Montebello, near Beverly Blvd.
    (213) 817-1000
    Request Owner's contact information
    524 N Poplar Ave Montebello, CA 90640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    524 N Poplar Ave Montebello, CA 90640
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