221 S Maple Avenue Montebello, CA $ 2,295,000
221 S Maple Avenue
$ 2,295,000
Recently Listed
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221 S Maple Avenue

Montebello, CA, 90640
$ 2,295,000
Baths0.0 Sq 4,560

Monthly Estimate*

$ 14,131

Listed by RE/MAX 2000 REALTY
221 S Maple Avenue, Montebello, CA 90640 - Image 1
221 S Maple Avenue, Montebello, CA 90640 - Image 2
221 S Maple Avenue, Montebello, CA 90640 - Image 3
221 S Maple Avenue, Montebello, CA 90640 - Image 4
221 S Maple Avenue, Montebello, CA 90640 - Image 5
221 S Maple Avenue, Montebello, CA 90640 - Image 6
221 S Maple Avenue, Montebello, CA 90640 - Image 7
221 S Maple Avenue, Montebello, CA 90640 - Image 8
Studio

Multi-Family Home for sale in Montebello, CA

for $2,295,000. This 4,560 square foot home was built in 1947 on a lot size of 0.2796.

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 area’s most supply-constrained rental markets. Offered at $2,295,000, 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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Multi-Family Active

Price

$ 2,295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2796

Year Built

1947

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

CV26115746

Days on Market

2

Features
General
Sewer Public Sewer
Cooling Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
Zoning MNR3YY
HOA Fee 0
Garage Spaces 6
Pool Features None
Year Built 1947
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 160644
Community Features Gutter(s)
Accessibility None
County Los Angeles
Net Operating Income 99250
Operating Expense 56574
Insurance Expense 9500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 7500
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South of Whittier Blvd. West of Montebello Blvd.
City Montebello
Entry Location 1
Senior Community Y/N false
Number Of Units Total 10
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 12178
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Fuel Expense 362
Trash Expense 2238
Water Sewer Expense 4328
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6337
Total Actual Rent 13387
Property Sub Type Additional Apartment
Taxes 30646
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Interior
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing None
Parking Features Door-Single Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 6
Lot Size Area 12178
Number of Buildings 2
Spa false
Building Area Total 4560
Lot Size Acres 0.2796
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded Features
List By
Re/Max 2000 Realty

Broker

kris@theapartmentdealer.com

Email

Affordability Calculator

$14,131
Per Month
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0%
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Monthly Principal & Interest
$14,131
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$2,295,000 Listed Price

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221 S Maple Avenue, Montebello, CA, 90640 is a Multi-Family Home for sale at $2,295,000 with 4,560 sqft and a lot size of 0.2796. 221 S Maple Avenue is a studio with 0.0 baths and was built in 1947. The property's zip code is 90640 which is in Montebello, CA