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33174106
33174107

221 S Maple Avenue, Montebello, CA 90640 For Sale

KG
CA #01800021
$2,150,000
51 days on market
Updated 25 days ago

221 S Maple Avenue

Details
APN 6337001004
Property Type Multifamily
Sub Type Apartment Building
Units 10
Buildings 2
Acreage 0.280
Zoning Assessor

Multifamily | 10 Units

Marketing description

Just Listed...Excellent Price Per Unit! Rare opportunity to acquire two side-by-side 5-unit properties in the city of Montebello, offering investors the chance to purchase 10 total units across two separate parcels in one of the areas most supply-constrained rental markets. Offered at $2,150,000, this unique investment features a desirable layout with six single-story units and four second-level units with parking below. The property offers an efficient unit mix consisting of six 1-Bed/1-Bath units and four Studio apartments, appealing to a broad range of tenants and supporting strong occupancy. Residents benefit from onsite garage parking, while investors benefit from tenants paying for their own utility usage, helping keep operating expenses under control. A major advantage of this offering is the absence of local city rent control, providing investors with greater operational flexibility and long-term rental growth potential. With a massive 30% upside in rental income, the property presents a clear value-add opportunity to significantly increase cash-flow over time. Located in a prime Montebello rental pocket just minutes from Montebello Park, Whittier Boulevard, schools, and major amenities, this is a rare chance to invest in a market where multifamily inventory rarely becomes available.
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Listing Contacts

KG
CA #01800021

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Additional Information

Name
Kristopher German
License
#01800021
Brokerage
Re/Max
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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