San Gabriel Valley Real Estate Search

Montebello Investment Properties

You don't have to treat a house only as a place to live.  It can also be used as an investment that will supplement your income.  The city of Montebello offers a wide range of selections if you're interested in purchasing property as an investment.

Not all investment properties are the same, however. Financial pundits often advise buyers of investment properties - especially first-time buyers - to carefully determine what type of property fits their strategies. Not sure? Let our team help you to make that decision on what kind of unit - single family, condo, duplex, multi-unit, commercial - best reflects your situation and interests. In an unpredictable stock market, investment in real estate may offer a welcome alternative to volatile portfolios.  Montebello investment properties for sale.

Latest Investment Properties

2607 W Via Corona, Montebello
$795,000
PW26223581 MLS ⋅ Active Status
Charming 1950s duplex offering an excellent investment opportunity! Each unit has 2 bedrooms and 1 bathroom. Ideal for investors or owner-occupants looking to live in one unit while renting out the other. Beautiful brickwork in both the front and back yards enhances the property’s curb appeal while providing low-maintenance outdoor spaces. Conveniently located near shopping centers, a golf course, and freeways. This duplex offers flexibility, and exciting possibilities for the future.

2607 W Via Corona, Montebello
724 Date, Montebello
$1,250,000
PW26222717 MLS ⋅ Active Status
Five-unit residential apartment situated on an approximately 14,212-square-foot lot in Montebello, California. The property consists of two separate single-story buildings, offering a functional layout and convenient access for residents. Each unit is separately metered for gas and electricity and features their own water heater and access to a wall-mounted air conditioning unit. The front residence offers a 2-bedroom, 1-bathroom layout with a private backyard, while the four rear units each feature a 1-bedroom, 1-bathroom layout and share an open common area that provides additional outdoor space for residents. The property's generous lot size offers potential for future income-producing improvements, including possible storage units, subject to applicable zoning and city approvals. The existing detached garage is currently in the owner's possession and may present an additional opportunity for future ADU development, subject to feasibility and required approvals. This property presents investors with an opportunity to acquire a five-unit multifamily asset with potential rental income upside. The combination of existing rental units and potential future improvements offers an opportunity to enhance the property's income-producing capabilities and long-term investment value.

724 Date, Montebello
2421 W Via Corona, Montebello
$790,000
DW26218855 MLS ⋅ Active Under Contract Status
Welcome to 2421 and 2423 Via Corona! This spacious duplex offers so many opportunities. Whether you are looking for a multi-generational property, an investment property or a property to call your home, this duplex is ready for you. It offers a total of 1,490 square feet of living space, each unit with its own address, electrical meter and gas meter, situated on a spacious lot of approximately 6,516 square feet. The property consists of two units that may generate strong monthly income, great for investors seeking long-term returns or to develop. The front unit is a 2-bedroom 1-bathroom. The rear unit is a 1-bedroom 1-bathroom. Both units count with laundry hook ups and brand new mini split systems. Abundant windows provide plenty of natural light throughout the homes. The property may be accessed through the main street and through the back alley. There are two single car garages that may be accessed through the back alley providing the possibility of an ADU conversion (buyer to verify with the city). It is conveniently located near schools, Montebello Town Center and other shopping centers, major freeways, and parks ensuring easy access to all that the area has to offer. Come visit the property and see all it has to offer.

2421 W Via Corona, Montebello
1244 S Spruce Street, Montebello
$3,488,888
23 Beds ⋅ 11 Baths ⋅ 26998007 MLS ⋅ Active Status
First time being offered for sale in 28 years (nearly three decades), this property presents an excellent opportunity to acquire a well-maintained multifamily investment with an attractive unit mix consisting primarily of spacious two-bedroom units, along with a three-bedroom unit, averaging nearly 800 square feet each. The property offers attractive cash flow with a 6.21% cap rate and a 10.22 GRM based on current rents which include additional income generated from the on-site laundry facilities. Recent improvements include a newly painted exterior, adding to the property's overall appeal. This is an excellent opportunity for a 1031 exchange up-leg or as an addition to an existing investment portfolio. Conveniently located within a short distance of the 5, 605, 60, and 710 freeways, the property provides easy access to major transportation routes. The property is not subject to any local rent control and is only subject to California's statewide AB 1482 rent regulations.

1244 S Spruce Street, Montebello
698 W Olympic, Montebello
$1,148,000
OC26203738 MLS ⋅ Active Status
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.

698 W Olympic, Montebello
415 S 6th Street, Montebello
$1,199,000
HD26183338 MLS ⋅ Active Status
INVESTOR OPPORTUNITY IN MONTEBELLO! This well positioned fourplex offers an excellent opportunity to acquire an income producing multifamily asset in a desirable Montebello location. The property features four spacious 2-bedroom, 1-bathroom units, totaling approximately 3,630 square feet of living area, situated on a 7,315 square foot lot. Each unit provides a practical layout designed for long-term rental appeal, while the property offers 8 total parking spaces, including 4 garage/carport spaces. The property currently has 2 occupied units by long term tenants, providing an investor with an existing rental operation from day one. With its four-unit configuration, strong parking component, and established tenant base, this property presents an opportunity for investors seeking to add a multifamily asset to their portfolio while evaluating future income and value add potential. Conveniently located near shopping, dining, transportation, and major employment corridors, the property benefits from Montebello's central position within the greater Los Angeles area. Property to be sold as-is with tenants in place, buyer to independently verify all property, financial, zoning, rental, and income information. A compelling opportunity for investors looking for scale, existing rental income, and long-term multifamily potential in Montebello.

415 S 6th Street, Montebello
1109 S Spruce Street, Montebello
$1,395,000
8 Beds ⋅ 4 Baths ⋅ CV26182910 MLS ⋅ Active Status
This asset is ideally situated within a short distance of the Shops at Montebello and Citadel Outlets, and just 12 miles from Downtown Los Angeles, placing tenants at the center of a thriving live-work-play environment with direct access to the region's top employers. 1109 S Spruce Street sits on a ±5,698 SF lot with a total building area of ±3,550 SF. The property offers a unit mix of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units averaging 710 SF. The front unit has been fully remodeled, featuring a brand-new kitchen with updated cabinetry, new flooring, a beautifully remodeled bathroom, washer/dryer hookups, and an abundance of natural light from an impressive window count — positioned directly adjacent to a park with peaceful, open views. Throughout the property, all units feature updated interiors with laminate plank wood flooring, fully equipped kitchens and bathrooms, oven ranges with hoods, stainless steel appliances including dishwashers and refrigerators, split wall AC and heating units, mirrored bedroom closets, recessed lighting, and cabinet storage. The property includes covered and street parking, and a well-manicured front yard with mature landscaping on a tree-lined residential street. Montebello is a thriving cultural and urban hub at the crossroads of Los Angeles County, San Bernardino County, Riverside County, the San Gabriel Valley, and the San Fernando Valley — offering residents unmatched regional connectivity. The 605, 10, 60, and 210 Freeways place the property within easy reach of employment centers, retail corridors, and entertainment destinations across the greater Los Angeles metropolitan area. The Montebello/Commerce Metrolink Station further extends connectivity with direct service to LA Union Station. Montebello's economy is anchored by healthcare, higher education, and public sector employment. Major employers serving the trade area include Cal State Los Angeles, USC, Beverly Hospital, and the City of Montebello, with additional demand driven by the region's robust retail and hospitality corridors and proximity to major employment centers throughout Los Angeles County.

1109 S Spruce Street, Montebello
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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