USACAMontebello432 N Poplar Ave
Listing image | Image 1

432 N Poplar Ave, Montebello, CA

Condo

For Sale

Listed price in listed location currency (USD).
$1,972,500

009

MLS® CV26169898

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1949
MLS® Number CV26169898

Property Address: 432 N Poplar Ave, Montebello, CA, 90640

Average square foot calculated using Size range provided by listing agent.

Description

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 and outstanding value in one of the San Gabriel Valley's most supply-constrained rental markets. The property delivers excellent day-one cash flow with a current 6.86% CAP Rate, 10.20 GRM, and a 5.75% cash-on-cash return, while offering additional upside through market rent alignment with projected financials of a 7.15% CAP Rate, 9.90 GRM, and 6.57% cash-on-cash return. Situated on a 15, 056 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 stable occupancy. Tenants pay for electricity and gas, while residents enjoy ample open-space parking and a spacious common area, enhancing the property's overall rental appeal. Conveniently located just off Beverly Boulevard, the property is within close proximity to Beverly Hospital, shopping, dining, and major retail, placing it in one of Montebello's strongest rental corridors. Additional opportunity: The adjoining 9-unit property (MLS #CV26169882)is also available for purchase, allowing investors the rare chance to acquire 18 units across two separate parcels. Whether purchased individually or as part of the larger portfolio, this offering combines strong in-place cash flow, attractive pricing, and meaningful upside, making it an outstanding investment opportunity in the Montebello multifamily market.
MLS® NumberCV26169898
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1949
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$1,972,500List Price
  • Commute

Commute

Starting Address
Destination Address
432 N Poplar Ave, Montebello, CA

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