Montebello Triplex on Large
932 S Montebello Blvd, Montebello, CA 90640
For Sale
$1,499,000
Triplex in Montebello with strong income potential on large lot.
Property Size3,102 SF
Lot Size0.35 Acres
Days on Market349
Property Features for 932 S Montebello Blvd
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
HOMEGROWN WEALTH INC.
Listed By:
JONSON NGUYEN · License CA #01840344
(626) 456-1911
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Oct 26 at 11:16AM
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.
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Investment Insights
Based on property information with market context.
This triplex, located in a desirable Montebello neighborhood, features 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 that generate monthly income, making it suitable for investors seeking long-term returns. Each unit includes a garage for parking and storage. All units are currently 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 with development potential
- Triplex with 3,102 sq ft of living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,172
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,440
$1.1M
Cap Rate 7%
$773,886
$773.9K
Cap Rate 9%
$601,911
$601.9K
Market Conditions
NOI Build-Up for 3,102 SF
Gross rent
$83.8K $27.00/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$77.4K $24.95/SF
− OpEx
−$23.2K −$7.48/SF
NOI
$54.2K $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%
$1,083,440
Cap Rate 7%
$773,886
Cap Rate 9%
$601,911
Alternative Uses
Best Use
Multifamily LT 5
$773.9K
$677.2K – $902.9K
NOI $54,172 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$713.1K
$623.9K – $831.9K
NOI $49,914 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,256 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
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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
$660,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Los Angeles County, CA
Properties on Market for Triplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Triplex in Montebello with strong income potential on large lot.
Where is this triplex located?
The property is located at 932 S Montebello Blvd 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 with development potential; Triplex with 3,102 sq ft of living space
