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Triplex with Uninhabitable Rear Unit
New
For Sale
$850,000

123 S 5th, Montebello, CA 90640

Triplex with three units across two buildings and driveway parking; rear unit deemed uninhabitable after a prior fire.

Property Size1,784 SF
Lot Size0.14 Acres
Price / SF$476.46
Days on Market3

Property Features for 123 S 5th

General Information

Standard status Active
Size 1,784 SF
Lot size 0.14 Acres
Property subtype Investment

Building Details

Building Size 1,784 SF
Year Built 1946
Buildings 2
Tenancy Multi
Listing Agency: PureMotive Realty Inc.
Listed By: Samuel Flores Reyes · License #01951853
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 8:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PureMotive Realty Inc.

Investment Insights

Based on property information with market context.

This triplex is configured as three units across two buildings and includes approximately 1,784 sq. ft. of living space on a 5,939 sq. ft. lot. The property is subject to rent control and provides driveway parking. The property was involved in a prior fire, and the rear unit has been deemed uninhabitable by applicable city/county authorities. The property is being sold AS-IS.

Built in 1946, the current condition and occupancy status should be treated as part of the due diligence process, including review of permits, zoning, repairs, and any applicable governmental requirements.

For mobility planning, bikeScore is 53 (bikeable) and walkScore is 67 (somewhat walkable).

Key Highlights

  • Rear unit deemed uninhabitable by applicable city/county authorities
  • Prior fire; property sold AS‑IS
  • Three units across two buildings

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $48.2k $27.00
− Vacancy −$3.7k −$2.05
EGI $44.5k $24.95
− OpEx −$13.4k −$7.48
NOI $31.2k $17.46
1,784 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$445.1K
$389.4K – $519.3K (±1% cap)
NOI $31,155 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$410.1K
$358.8K – $478.4K (±1% cap)
NOI $28,706 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$955.1K
$835.8K – $1.11M (±1% cap)
NOI $66,860 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,350
Businesses Nearby

Demographics for 90640, CA

62,678
Population
20,438
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
74%
High-School Grad
8.3 sq mi
ZIP Area
7,552
Density / Sq Mi
$74,833
Median Household Income
$37,983
Median Earnings
$1,771
Median Rent
$660,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three units across two buildings and driveway parking; rear unit deemed uninhabitable after a prior fire.
Where is this triplex located?
The property is located at 123 S 5th Montebello, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Rear unit deemed uninhabitable by applicable city/county authorities; Prior fire; property sold AS‑IS; Three units across two buildings
More about this property
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