Two-Home Duplex with
For Sale
$1,100,000
291 Simmons Ave, Montebello, CA 90640
Residential Income, Ranch, Montebello, CA
Property Size2,835 SF
Lot Size0.13 Acres
Price / SF$388.01
Days on Market113
Property Features for 291 Simmons Ave
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
LCR3YY
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Laundry Room, Bedroom 3, Bedroom 2, Family Room, Bathroom 2, Bedroom 5
Parking
5
Parking features
Carport, Covered
Fireplace
1
Appliances
Cooktop - Gas, Microwave
Lot features
Curbs, Sidewalks, Fenced, Gutters
Elementary school district
Los Angeles Unified
Middle school district
Los Angeles Unified
High school district
Los Angeles Unified
Directions
Crossroads are: Dewar Ave and S Gerhart Ave
Subdivision
East LA
Standard status
Active
APN
5249-008-009
Size
2,835 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Utilities
Heating system
Central
Cooling system
Central Air, Wall/Window Unit(s)
Water source
Public
Amenities
shared courtyard
Building Details
Year built
1949
Floors in Building
2
Number of units
2
Flooring type
Wood, Tile, Vinyl
Roof type
Shingle
Architectural style
Ranch
Buildings
2
Listing Agency:
Redfin
(877) 973-3346
Listed By:
Michael Berlin · License #01299221
(310) 486-2613
Added: Jul 6
Changed: Oct 25
Last Checked: Oct 26 at 3:06AM
MLS# 26863623
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two independent residences on a 0.1348-acre lot totaling 2,835 square feet. The front home provides three bedrooms, two bathrooms, living and dining areas, plus a family room. The rear residence is a two-story layout with two bedrooms and one and a half bathrooms. The property also includes a gated three-car carport, detached two-car garage, shared courtyard, central heating, and a mix of vinyl, tile, and wood flooring.
The property is in Montebello near the 60 Freeway, Beverly Boulevard, Monterey Park, and East Los Angeles College. The original residence dates to 1949, while the rear home was built in 1984. Long-term tenants occupy the residences, and tenants pay all utilities. Public water service, gas cooking appliances, central air, and wall or window cooling units are also included.
The property is in Montebello near the 60 Freeway, Beverly Boulevard, Monterey Park, and East Los Angeles College. The original residence dates to 1949, while the rear home was built in 1984. Long-term tenants occupy the residences, and tenants pay all utilities. Public water service, gas cooking appliances, central air, and wall or window cooling units are also included.
Key Highlights
- Two separate residences on one 0.1348‑acre lot
- Total building area of 2,835 square feet
- Front home includes 3BD/2BA; rear two‑story home has 2BD/1.5BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,509
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,180
$990.2K
Cap Rate 7%
$707,271
$707.3K
Cap Rate 9%
$550,100
$550.1K
Market Conditions
NOI Build-Up for 2,835 SF
Gross rent
$76.5K $27.00/SF
− Vacancy
−$5.8K −$2.05/SF
EGI
$70.7K $24.95/SF
− OpEx
−$21.2K −$7.48/SF
NOI
$49.5K $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%
$990,180
Cap Rate 7%
$707,271
Cap Rate 9%
$550,100
Alternative Uses
Best Use
Multifamily LT 5
$707.3K
$618.9K – $825.2K
NOI $49,509 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$651.7K
$570.2K – $760.3K
NOI $45,617 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,249 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,408
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate front and rear residences share a gated courtyard and covered on-site parking.
Where is this duplex located?
The property is located at 291 Simmons Ave Montebello, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two separate residences on one 0.1348‑acre lot; Total building area of 2,835 square feet; Front home includes 3BD/2BA; rear two‑story home has 2BD/1.5BA
