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Montebello Triplex on Large Lot

932 S Montebello Boulevard Montebello, CA 90640

932 S Montebello Boulevard, Montebello, CA, 90640
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Triplex with strong income potential on a large lot.

Property Size3,102 SF
Lot Size0.35 Acres
Price / SF$483.24
AddedMay 18, 2025
Days on Market424
Last RefreshJun 26 at 6:25 pm

Property Features for 932 S Montebello Boulevard

General Information

Standard status
Active
Size
3,102 SF
Lot size
0.35 Acres
Property subtype
Multifamily

Listing office HOMEGROWN WEALTH INC.

Listing date May 18, 2025

Source Crexi

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 HOMEGROWN WEALTH INC.


Investment Insights

Based on property information with market context.

This triplex, located in a desirable Montebello neighborhood, offers a total of 3,102 square feet of living space. The property is situated on a lot of over 15,383 square feet. It consists of multiple rental units generating monthly income, making it suitable for investors seeking long-term returns. Each unit has a garage for parking and storage. All units are occupied. The property is conveniently located near schools, shopping centers, and major freeways, providing access to the surrounding area.

Key Highlights

  • Strong monthly income from multiple rental units.
  • Large 15,383+ sq ft lot offers development potential.
  • Triplex with 3,102 sq ft of living space.

Local 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 $83.8k $27.00
− Vacancy −$6.4k −$2.05
EGI $77.4k $24.95
− OpEx −$23.2k −$7.48
NOI $54.2k $17.46
3,102 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$773.9K
$677.2K – $902.9K (±1% cap)
NOI $54,172 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$713.1K
$623.9K – $831.9K (±1% cap)
NOI $49,914 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,256 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Pharmacy (Bike/Boat/Book/etc) Store Acupuncture Cafe & Coffee Shop Barber Shop

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

FAQs

What type of property is this?
Triplex - Triplex with strong income potential on a large lot.
Where is this triplex located?
The property is located at 932 S Montebello Boulevard Montebello, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Strong monthly income from multiple rental units.; Large 15,383+ sq ft lot offers development potential.; Triplex with 3,102 sq ft of living space.
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