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252 S 7th Street

Montebello, CA 90640

– beds
– baths
– sqft
5,504 sqft lot
1915 build
– on site

Turnkey 6-Unit Multifamily Investment | Central Montebello We’re pleased to present this exceptional 6-unit turnkey investment opportunity in the heart of Montebello. All units are renovated 1-bedroom, 1-bathroom apartments that are easy to lease and professionally owned, managed, and operated. The property was fully updated in 2020 and offers reliable, low-maintenance income. Current rents deliver a strong 5.04% cap rate, and when paired with the assumable low-interest loan, the cash-on-cash return is 4.63%—a compelling return in today’s market. Each unit is individually metered for gas and electricity. Trash and water expenses are offset by a RUBS (Ratio Utility Billing System), reducing landlord costs and maximizing net income. Located just minutes from Whittier Blvd’s shopping and dining options, and with convenient access to the 5, 60, 605, and 710 freeways, this property is ideally situated for both tenants and investors. Subject to AB 1482 rent control. which means (1) An annual rent cap: limited to 5?% + local CPI (Consumer Price Index) or 10?%—whichever is lower. (2) Just-cause eviction protections, after 12 months of tenancy. Financing: Assumable Loan Opportunity Take advantage of an existing loan at a fixed 3.28% interest rate through April 30, 2027, with a required down payment of $558,000 and a current loan balance of approximately $1,093,000. Call listing agent for more detail.

Listed By CRMLS_CA / Annie Chen / Homegrown Wealth Real Estate / 562-556-3511

Last checked: Checking… • Last updated Jul 8, 2025 •

MLS# AR25152445 —

The Building

Year Built:

1915
Year Built Source:

Other
New Construction:

No
Building Area Total:

2304.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Accessibility Features:

None
Common Walls:

No Common Walls
# of Separate Gas Meters:

6
# of Separate Water Meters:

6
# of Separate Electric Meters:

6

Interior

Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

Take 605 Exit Whittier to Seven Ave
Latitude:

34.00628900
Longitude:

-118.10788100

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

MNR3*
Lot Features:

11-15 Units/Acre, Level with Street
Lot Size Area:

5504.0000
Lot Size Acres:

0.1264
Lot Size SqFt:

5504.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5321.01
Tax Tract:

1
Tax Lot:

11

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6349009026

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Park
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

6.00
Garage Spaces:

1.00
Uncovered Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/8/25 Jul 8, 2025	Listed / Active	CRMLS_CA	$1,650,000	13.0% (7.0% / YR)
9/1/23 Sep 1, 2023		CRMLS_CA	$1,460,000
6/26/23 Jun 26, 2023		CRMLS_CA	$1,460,000

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This multifamily located in Southeast La, Montebello, CA 90640 is currently for sale for $1,650,000. 252 S 7th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 6 days. 252 S 7th Street is in the Southeast La neighborhood of Montebello and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Montebello High School, La Merced Intermediate School, and Fremont Elementary School.

Listing Courtesy of: CRMLS_CA and Homegrown Wealth Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Jul 13.

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.