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    Montebello, CA Multifamily Properties for Sale

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    Apartment Building with Garage Parking
    Updated: Apr 21
    Apartment Building with Garage Parking

    328 N 2nd St, Montebello, CA 90640

    $2,150,000
    7,559 sqft 0.33 AC lot
    0.3317‑acre lot
    7,559 SF apartment building built in 1947
    Spacious 2‑bedroom, 1‑bath units averaging nearly 900 SF
    Garage parking with laundry hookups in each unit
    Private rear entrances for individual units
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    This listing looks promising.

    Here's a quick look at some key insights for

    328 N 2nd St, Montebello, CA 90640

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $122K
      Annual

    • Price @ 7% Cap

      $1.74M
      Suggested

    • Property Type

      Apartment House
      Built 1947
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    Duplex with Gated 3-Car Carport
    Updated: Jul 6
    Duplex with Gated 3-Car Carport

    291 Simmons Ave, Montebello, CA 90640

    $1,100,000
    2,835 sqft 0.13 AC lot
    0.1348‑acre lot totaling 2,835 SF
    Front unit: 3BD/2BA with living, dining, and family rooms
    Rear unit: 2BD/1.5BA two‑story home
    Gated 3‑car carport plus detached 2‑car garage with ADU potential (buyer to verify)
    Original front house built in 1949; rear unit built in 1984 (rear unit described as separate address 293 Simmons)
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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

    North Montebello rental property with a detached home, garage parking, and a compact multi-unit layout.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    11-Unit Apartment Building
    11-Unit Apartment Building

    500 S 6th St, Montebello, CA 90640

    $2,638,000
    10,556 sqft 0.38 AC lot

    Townhome-style residences offer two bedrooms, one and a half baths, and private outdoor areas in select units.

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

    137 N 2nd, Montebello, CA 90640

    $789,000
    0.14 AC lot

    Separate garages and alley access support independent unit functionality.

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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

    $775,000
    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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    Twin Palm Multifamily Apartment Buildings
    Twin Palm Multifamily Apartment Buildings

    116-128 N Poplar Ave, Montebello, CA 90640

    $8,950,000
    33,639 sqft 1.37 AC lot

    Two adjoining parcels totaling 39 units, with multiple laundry rooms and individually metered gas and electricity.

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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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    9-Unit Apartment Building
    9-Unit Apartment Building

    3101 Via San Delarro, Montebello, CA 90640

    $2,275,000
    0.26 AC lot

    Three triplex structures offer a varied unit mix, garage parking, and private laundry hookups.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    428 N Poplar Avenue, Montebello, CA 90640

    $1,972,500
    0.35 AC lot

    The property offers a mixed one- and two-bedroom unit configuration with open-space parking and a shared outdoor area.

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    North Montebello Multifamily Investment
    North Montebello Multifamily Investment

    328 North 2nd Street, Montebello, CA 90640

    $2,150,000
    7,559 sqft

    Eight premium units in North Montebello.

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    Montebello Town-Homes For Sale
    Montebello Town-Homes For Sale

    500 South 6th Street, Montebello, CA 90640

    $2,638,000
    10,556 sqft

    Eleven two-bedroom town-homes available in Montebello, California.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    3101 Via, Montebello, CA 90640

    $2,275,000
    0.26 AC lot

    Three triplex structures offer varied layouts, garage parking, and private laundry hookups in North Montebello.

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    Montebello Triplex on Large Lot
    Montebello Triplex on Large Lot

    932 S Montebello Boulevard, Montebello, CA 90640

    $1,499,000
    3,102 sqft 0.35 AC lot

    Triplex with strong income potential on a large lot.

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    Montebello Multifamily Property For Sale
    Montebello Multifamily Property For Sale

    509 - 523 N. 3rd St. |, Montebello, CA 90640

    Contact for pricing
    11,923 sqft 0.37 AC lot

    12-unit multifamily property with vacant land in Montebello, CA.

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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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    Apartment Building with Wall/Window Units
    Apartment Building with Wall/Window Units

    432 N Poplar Avenue, Montebello, CA 90640

    $1,972,500

    MNC2* zoning and 1949 construction characterize this multifamily property in Montebello.

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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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    Remodeled Duplex with Second-Floor ADU
    Remodeled Duplex with Second-Floor ADU

    2645 W Via Corona, Montebello, CA 90640

    $1,249,000

    Remodeled two-residence property with private-entry suites and a dedicated laundry room.

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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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    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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    6-Unit Renovated Apartment Building
    6-Unit Renovated Apartment Building

    252 S 7th, Montebello, CA 90640

    $1,349,000

    Renovated one-bedroom units feature separate gas and electric metering, plus RUBS billing for water and trash.

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    Montebello, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Montebello, CA, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 119,682 square feet of properties for sale, with an estimated market value of $44,338,788.

    Sale prices for multifamily properties in Montebello, CA start at $499,000, averaging $1,847,449, and reaching up to $8,950,000 — 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

    Apartment buildings 16
    Duplexes 8
    Triplexes 4
    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 $2.7M

    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 pricing trends across core commercial property types in Los Angeles County

    Residential Income

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