432 N Poplar Avenue, Montebello, CA 90640
flag This property sold for $1,650,000 5 years ago.
Sold
$1,650,000

432 N Poplar Avenue
Montebello, CA 90640

PRIME 9 UNIT SINGLE STORY INVESTMENT OPPORTUNITY IN THE DESIRABLE AREA OF MONTEBELLO. GENERATING A 5% CAP RATE AND 13.6 GRM ON CURRENT RENTS. THIS FANTASTIC INCOME PRODUCING ASSET IS IN GOOD CONDITION, ACROSS THE STREET FROM THE BEVERLY HOSPITAL AND SOUTH OF BEVERLY BLVD. WITH A UNIT MIX OF EASY TO RENT 1 BEDROOMS (7) AND 2 BEDROOMS (2) UNITS. THE PROPERTY SITS ON A LARGE 15000 + SQUARE FOOT LOT WITH ONE PARKING SPACE PER UNIT. PRIDE IN OWNERSHIP PROPERTY HAS MANY RECENT CAPITAL IMPROVEMENTS (EXTERIOR). PROPERTY IS SEPARATELY METERED FOR GAS AND ELECTRICITY FOR EACH UNIT, PROVIDING NEW OWNER WITH MINIMAL LANDLORD MAINTENANCE. THE PROPERTY'S LOCATION PROVIDES TENANTS WITH ACCESS TO 60 AND 605 FREEWAYS. CONVENIENTLY DISTANCES TO SCHOOLS, SHOPPING, PARKS, DINING AND ENTERTAINMENT. ALL SHOWINGS ARE SUBJECT TO ACCEPTED OFFER. PLEASE E-MAIL FOR MORE INFORMATION AND OFFERING MEMORANDUM.
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Listing Agent: David Gomez | Office: Realty Executives Com. & Res.
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Janey Bishop
Jane Bishop Real Estate
Advertising Agent:
Janey Bishop
Jane Bishop Real Estate
Listing Agent:
David Gomez
Realty Executives Com. & Res.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-27 16:41:06 (GMT / UTC +0) and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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