428 N Poplar Avenue, Montebello, CA 90640

Montebello
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
428 N Poplar Avenue,Montebello, CA 90640
$1,972,500
  • - Beds
  • - Baths
  • 3,916 sq. ft.
  • Multi-family
  • Active
Listed by: kristopher german
Office: re/max 2000 realty626-956-0188
MLS#:CV26169882
Source:CRMLS

Price summary

  • Price:$1,972,500
  • Price per sq. ft.:$503.7

About this home

Exceptional opportunity to acquire a 9-unit multi-family community in the highly desirable city of Montebello! Offered at $1,972,500, less than $220,000 per unit, this offering represents an outstanding value in one of the San Gabriel Valley's most desirable multi-family markets. This investment offers excellent day-one cash flow with a current 6.85% CAP Rate, 10.30 GRM, and a 5.72% cash-on-cash return, while providing additional upside through market rent alignment with projected financials of a 7.24% CAP Rate, 9.90 GRM, and a 6.83% cash-on-cash return. Situated on a 15,072 sq. ft. lot, the property features a desirable unit mix consisting of one 2-Bedroom/1-Bath unit and eight 1-Bedroom/1-Bath units, providing broad tenant appeal and supporting consistent occupancy. Tenants pay for electricity and gas, while residents enjoy ample open-space parking and a spacious common area, creating an attractive rental environment. Ideally located just off Beverly Boulevard, the...

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Home facts

  • Year built:1950
  • Listing ID #:CV26169882
  • Added:48 day(s) ago
  • Updated:September 19, 2026 at 01:24 PM

Rooms and interior

  • Living area:3,916 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:3,916 sq. ft.
  • Lot area:0.35 Acres
  • Levels:1 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,972,500
  • Price per sq. ft.:$503.7

Parking

  • Total parking spaces:9
  • Parking description:Asphalt Driveway, Assigned
Based on information from California Regional Multiple Listing Service, Inc. as of September 22, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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