Montebello Four-Unit Multifamily
2120 W Victoria Avenue Montebello, CA 90640
2120 W Victoria Avenue, Montebello, CA, 90640
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For Sale
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Rare opportunity for owner-users and investors in Montebello.
Property Size3,913 SF
Price / SF$408.38
Days on Market57
Property Features for 2120 W Victoria Avenue
General Information
- Standard status
- Active
- Size
- 3,913 SF
- Property subtype
- Multifamily
Listing Agency
Beverly & Company's
Listed by
Vick Tasmajian · License #01950844
Source
Crexi
Added: May 21 Checked: Jul 16 at 10:27 am
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 Beverly & Company's
Investment Insights
Based on property information with market context.
This four-unit property in Montebello presents an opportunity for both owner-users and investors. The front house includes 3 bedrooms and 2 bathrooms. Behind the front house are three additional units: two units with 2 bedrooms and 1 bathroom each, and one unit with 1 bedroom and 1 bathroom. The property provides approximately 3,913 square feet of living space. The unit mix and layout are functional, and parking is provided by two one-car garages and three covered carport spaces, totaling five parking spaces. Tenants are currently in place on month-to-month agreements, offering flexibility for future plans. There is potential to add up to two ADUs for additional long-term value. The property is located in Montebello, with access to shopping, dining, schools, public transportation, and nearby freeways.
Key Highlights
- Rare 4‑unit property ideal for owner‑users or investors.
- Front house (3 bed/2 bath) provides privacy and comfort for on‑site owner while generating rental income.
- Strong unit mix: one 3‑bed/2‑bath, two 2‑bed/1‑bath, and one 1‑bed/1‑bath unit totaling approximately 3,913 sq ft.
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 | $105.7k | $27.00 |
| − Vacancy | −$8.0k | −$2.05 |
| EGI | $97.6k | $24.95 |
| − OpEx | −$29.3k | −$7.48 |
| NOI | $68.3k | $17.46 |
3,913 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$976.2K
$854.2K – $1.14M
NOI $68,335 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$899.5K
$787.0K – $1.05M
NOI $62,963 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,650 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Rare opportunity for owner-users and investors in Montebello.
Where is this quadplex located?
The property is located at 2120 W Victoria Avenue Montebello, CA.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: Rare 4‑unit property ideal for owner‑users or investors.; Front house (3 bed/2 bath) provides privacy and comfort for on‑site owner while generating rental income.; Strong unit mix: one 3‑bed/2‑bath, two 2‑bed/1‑bath, and one 1‑bed/1‑bath unit totaling approximately 3,913 sq ft.
