Property Detail

698 W Olympic

Montebello CA 90640

$1,148,000

Status: Active

Property Details

Description

Clean six-unit investment󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂁󠂠󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂀󠂋 opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.

Map Location

Listing provided courtesy of Pat Swanson of Pat Swanson. Last updated . Listing information © 2026 SANDICOR.

Get In Touch

Mark Marquez

Mark Marquez

CA DRE# 01232386

Real estate Realtors https://www.zillow.com/profile/MarkMarquezCIPS