Multifamily

Montebello, CA Multifamily Properties for Sale

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Covered-Parking Apartment Building
Updated: Oct 7
Covered-Parking Apartment Building

1244 S Spruce St, Montebello, CA 90640

$3,488,888
8,990 sqft 0.32 AC lot
8,990‑square‑foot apartment property on 0.3181 acres
Unit mix primarily comprises two‑bedroom apartments, plus a three‑bedroom unit; average unit size is nearly 800 square feet
On‑site laundry contributes additional income; covered parking is available
Recently painted exterior; built in 1962
Zoned MNR3YY
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Two-Home Duplex with Garage
Updated: Jul 6
Two-Home Duplex with Garage

291 Simmons Ave, Montebello, CA 90640

$1,100,000
2,835 sqft 0.13 AC lot
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
Gated 3‑car carport plus detached 2‑car garage
Shared courtyard and long‑term tenants in place
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Five-Unit Apartment Building
Five-Unit Apartment Building

125 N 4th St, Montebello, CA 90640

$1,295,000
2,674 sqft 0.14 AC lot

Fully occupied apartment property with a detached house, four additional units, garage parking, and on-site laundry.

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Multifamily Building with On-Site Laundry
Multifamily Building with On-Site Laundry

1244 S Spruce Street, Montebello, CA 90640

$3,488,888
8,990 sqft

The apartment mix is primarily two-bedroom units, with laundry facilities generating additional income.

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Apartment Building with Garage Parking
Apartment Building with Garage Parking

328 N 2nd St, Montebello, CA 90640

$2,150,000
7,559 sqft 0.33 AC lot

Two-bedroom residences include private rear entrances, laundry hookups, and wall-unit cooling.

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Two-Unit Duplex with Private Yards
Two-Unit Duplex with Private Yards

137 N 2nd, Montebello, CA 90640

$759,000
0.14 AC lot

Separate garages and alley access support independent unit functionality.

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Two-Unit Duplex with Alley Garages
Two-Unit Duplex with Alley Garages

2421 W Via Corona, Montebello, CA 90640

$790,000
1,490 sqft 0.15 AC lot

Separate gas and electric meters, laundry hookups, and mini-split systems serve both residences.

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Remodeled Apartment Building
Remodeled Apartment Building

1109 South Spruce Street, Montebello, CA 90640

$1,395,000
3,550 sqft 0.13 AC lot

Five-unit apartment property with updated interiors, covered parking, and access to regional employment, retail, and transit connections.

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Two-Unit Duplex with Private Yards
Two-Unit Duplex with Private Yards

137 N 2nd, Montebello, CA 90640

$759,000
1,606 sqft

Both residences have individual garages and yard space, with alley access to the garages.

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Two-Unit Duplex
Two-Unit Duplex

2607 W Via Corona, Montebello, CA 90640

$795,000
1,680 sqft

Two matching residences each provide two bedrooms and one bathroom, with brickwork featured in both outdoor areas.

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Renovated Six-Unit Apartment Building
Renovated Six-Unit Apartment Building

698 W Olympic, Montebello, CA 90640

$1,148,000
2,304 sqft

Six one-bedroom residences received substantial updates in 2020, with a RUBS program in place for water and trash expenses.

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Duplex With Detached Garage
Duplex With Detached Garage

291 Simmons Ave, Montebello, CA 90640

$1,100,000
2,835 sqft

Two separate residences share a courtyard, while tenants pay all utilities.

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Triplex with Uninhabitable Rear Unit
Triplex with Uninhabitable Rear Unit

123 S 5th ST, Montebello, CA 90640

$699,999
1,784 sqft 0.14 AC lot

Triplex with three units across two buildings and driveway parking; rear unit deemed uninhabitable after a prior fire.

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North Montebello Multifamily Property
North Montebello Multifamily Property

125 North 4th Street, Montebello, CA 90640

$1,295,000
2,674 sqft

Five-unit multifamily property located in North Montebello.

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5-Unit Apartment Building
5-Unit Apartment Building

724 Date, Montebello, CA 90640

$1,250,000
0.33 AC lot

Two one-story structures have separate gas and electric meters, individual water heaters, and wall-mounted air conditioning.

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11-Unit Bungalow Apartment Property
11-Unit Bungalow Apartment Property

825 S Greenwood, Montebello, CA 90640

$3,380,000
7,904 sqft

Each residence includes a private attached garage and separate electric and gas meters.

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Montebello Triplex on Large Lot
Montebello Triplex on Large Lot

932 S Montebello Blvd, Montebello, CA 90640

$1,499,000
0.35 AC lot

Triplex in Montebello with strong income potential on large lot.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

2222 W Olympic BLVD, Montebello, CA 90640

$685,000

Income property with separate one-bedroom units and individual garage access.

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North Montebello Multifamily Investment
North Montebello Multifamily Investment

328 N SECOND ST, Montebello, CA 90640

Contact for pricing
7,559 sqft

Eight premium units in North Montebello.

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Turnkey Duplex with Flexible Layout
Turnkey Duplex with Flexible Layout

134 N 12th Street, Montebello, CA 90640

$1,799,900

Turnkey duplex featuring smooth stucco exterior, newer flooring, and multiple unit configurations including a potential split upstairs.

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Duplex With Detached Garage
Duplex With Detached Garage

3613 Via Vis, Montebello, CA 90640

$988,888

Corner-lot property with two residential units and a detached garage serving the buildings.

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Renovated Duplex With Detached Garage
Renovated Duplex With Detached Garage

1200 S Spruce Street, Montebello, CA 90640

$795,000

Two separate residences provide a flexible owner-occupant or rental configuration.

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Montebello Multifamily Investment Opportunity
Montebello Multifamily Investment Opportunity

620 N Wilcox Ave, Montebello, CA 90640

Contact for pricing
18,436 sqft

Rare 17-unit property in a desirable, low-vacancy area.

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Duplex With Mixed Unit Layout
Duplex With Mixed Unit Layout

201 S Bluff RD, Montebello, CA 90640

$499,000

Income property with separate two-bedroom and one-bedroom residences in Montebello.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Montebello, CA, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Montebello, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Montebello, CA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 82,870 square feet of properties for sale, with an estimated market value of $31,160,563.

Sale prices for multifamily properties in Montebello, CA start at $499,000, averaging $1,416,389, and reaching up to $3,488,888 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 10
Apartment buildings 9
Triplexes 3
Quadplexes 2

Demographics Overview

Population 62K
Population Growth (5Y) -2.5%
Median Household Income $74,833
College Educated 28.7%

High-Yield Neighborhoods for Investment

Identify Montebello submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
90640 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.46%
Property Tax per SF $13.05 per SF
Tax Rate vs County Average 0.22 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Los Angeles County

Residential Income

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