432 N Poplar Avenue Montebello, CA $ 1,972,500
432 N Poplar Avenue
$ 1,972,500
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432 N Poplar Avenue

Montebello, CA, 90640
$ 1,972,500
Baths1.0 Sq 3,916

Monthly Estimate*

$ 12,455

Listed by RE/MAX 2000 REALTY
432 N Poplar Avenue, Montebello, CA 90640 - Image 1
432 N Poplar Avenue, Montebello, CA 90640 - Image 2
432 N Poplar Avenue, Montebello, CA 90640 - Image 3
432 N Poplar Avenue, Montebello, CA 90640 - Image 4
432 N Poplar Avenue, Montebello, CA 90640 - Image 5
432 N Poplar Avenue, Montebello, CA 90640 - Image 6
432 N Poplar Avenue, Montebello, CA 90640 - Image 7
432 N Poplar Avenue, Montebello, CA 90640 - Image 8
Studio

Multi-Family Home for sale in Montebello, CA

for $1,972,500 with 1 full bath. This 3,916 square foot home was built in 1949 on a lot size of 0.3458.

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.

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Multi-Family Active

Price

$ 1,972,500

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3458

Year Built

1949

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

CV26169898

Days on Market

5

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 MNC2*
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1949
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 193428
Community Features Gutter(s) Sidewalks
County Los Angeles
Net Operating Income 135362
Operating Expense 52263
Insurance Expense 7500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 6750
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East of Montebello Blvd. North of Whittier Blvd.
City Montebello
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 9
Number Of Units Total 9
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 15061
Number of Units Leased 9
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 538
Current Financing None
Fuel Expense 2186
Trash Expense 2064
Water Sewer Expense 3885
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6347
Total Actual Rent 16119
Property Sub Type Additional Apartment
Taxes 26340
Cap Rate 6.86
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Interior
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing Block
Parking Features Asphalt
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 9
Lot Size Area 15061
Number of Buildings 1
Spa false
Building Area Total 3916
Lot Size Acres 0.3458
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded Features
List By
Re/Max 2000 Realty

Broker

kris@theapartmentdealer.com

Email

Affordability Calculator

$12,455
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,455
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
8/4/2026$1,972,500 Listed Price

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432 N Poplar Avenue, Montebello, CA, 90640 is a Multi-Family Home for sale at $1,972,500 with 3,916 sqft and a lot size of 0.3458. 432 N Poplar Avenue is a studio with 1.0 baths and was built in 1949. The property's zip code is 90640 which is in Montebello, CA