Back

1 of 23

2 of 23

3 of 23

4 of 23

5 of 23

6 of 23

7 of 23

8 of 23

9 of 23

10 of 23

11 of 23

12 of 23

13 of 23

14 of 23

15 of 23

16 of 23

17 of 23

18 of 23

19 of 23

20 of 23

21 of 23

22 of 23

23 of 23

328 N 2nd St
Montebello, CA 90640

$2,150,000 USD

Multifamily For Sale • 7,559 SF

Property Details

Property Type Multifamily
Total Building Size 7,559 SF
Lot Size 0.33 AC
Year Built 1947
Zoning MNR3YY

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Presented for the first time on the market in over 50 years | Rare Generational Asset in highly desirable North Montebello
                            
                                Spacious 2+1 in All Units | Approx. 900 sqft Each | Units have Garage Parking, Laundry Hookups, Private Rear Entrances
                            
                                Recent improvements, including an updated main electrical panel, and offers strong potential for the addition of multiple ADUs (buyer to verify)
                            
                                Projected rental upside of approximately 68% | Walkable location provides convenient access to retail and dining along Beverly Blvd
                            
                                Minimal rent control constraints, as it is subject only to California's AB 1482 ordinance and not governed by any local rent control

Financial Summary (Actual)

Net Operating Income: $69,620 USD (2025)

Total Expenses:

$59,642 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	2.1 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	4.4 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	29 min	-	19.9 mi
Los Angeles International	37 min	-	28.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	AttachedGarage
Included in Rent:	Yes

Shant Sherbetdjian 626-657-8150 RE/MAX Commercial & Investment Realty

328 N 2nd St Montebello, CA 90640