Two-Unit
For Sale
$795,000
2607 W Via Corona, Montebello, CA 90640
Two matching residences each provide two bedrooms and one bathroom, with brickwork featured in both outdoor areas.
Property Size1,680 SF
Price / SF$473.21
Days on Market14
Property Features for 2607 W Via Corona
General Information
Standard status
Active
Size
1,680 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Building Size
1,680 SF
Year Built
1950
Buildings
1
Stories
1
Units
2
Listing Agency:
PS Real Estate
(714) 686-9848
Listed By:
Silia Salas
Source:
Desertareaproperty
Added: Oct 13
Changed: Oct 25
Last Checked: Oct 23 at 4:43PM
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 PS Real Estate
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Investment Insights
Based on property information with market context.
Built in 1950, this duplex contains 1,680 square feet across two residences. Each unit has two bedrooms and one bathroom, providing a consistent layout throughout the property. Brickwork in the front and rear yards creates defined outdoor areas.
The property is in Montebello, near shopping centers, a golf course, and freeways.
The property is in Montebello, near shopping centers, a golf course, and freeways.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,680 square feet
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,339
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,780
$586.8K
Cap Rate 7%
$419,129
$419.1K
Cap Rate 9%
$325,989
$326.0K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$45.4K $27.00/SF
− Vacancy
−$3.4K −$2.05/SF
EGI
$41.9K $24.95/SF
− OpEx
−$12.6K −$7.48/SF
NOI
$29.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,780
Cap Rate 7%
$419,129
Cap Rate 9%
$325,989
Alternative Uses
Best Use
Multifamily LT 5
$419.1K
$366.7K – $489.0K
NOI $29,339 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$386.2K
$337.9K – $450.6K
NOI $27,033 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$899.5K
$787.0K – $1.05M
NOI $62,963 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,457
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences each provide two bedrooms and one bathroom, with brickwork featured in both outdoor areas.
Where is this duplex located?
The property is located at 2607 W Via Corona Montebello, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,680 square feet; Built in 1950
