698 W Olympic , Montebello, CA 90640
$1,275,000
Est. Payment: $6,809.39/mo
1 Bed
1 Bath
2304 Sqft
Status: Active | Days on site: 5
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House 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.

Highlights

Listed by Pat Swanson , 213-864-2862 Pat Swanson , 949-724-5564. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1915

County

Los Angeles

Area

674 - Montebello

Listing ID

OC26203738

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:0
Others:
  • Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,809
Taxes
$813

Home Price

$1,275,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$255,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,809.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,809.39 $812.81 $0.00 $7,622.20
Yearly $81,712.71 $9,753.75 $0.00 $91,466.46
Total $2,451,381.26 $292,612.50 $0.00 $2,743,993.76

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Montebello, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-22T23:02:25.000Z

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