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3,916 sqft

$1,947,500

432 N Poplar Avenue, Montebello CA, 90640

Price per sqft$497.32
Built in1949
Property size3,916 sqft
Property typeCondominium
Listed by Kristopher German CA DRE# 01800021 with RE/MAX 2000 REALTY 909-645-0443

Overview

Active

Listed Aug 4, 2026

Updated 7 days ago

18 Units Montebello Priced at 7% CAP Rate!!! Offered at $1,947,500, $216,000 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 7% CAP Rate, 10 GRM, and a 6% cash-on-cash return, while providing additional upside through market rent alignment. 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 property is within close proximity to Beverly Hospital, shopping, dining, and major retail, placing it in one of Montebello's strongest and most established rental corridors. The adjoining 9-unit property (MLS# CV26169882) must be purchased in addition to this property, creating a rare opportunity to acquire 18 units across two separate parcels. When purchased as a combined offering, this property offers strong in-place cash flow, compelling price-per-unit value, and meaningful upside potential, making it an excellent addition to any multi-family investment portfolio.

$12,957/mo

Est. mortgage payment based on a $1,947,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CV26169898

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.35 Acres

Other Property Details

Maintenance Expense
$6,750
55+/Senior Community
No
MLS provider logo

Listed by Kristopher German CA DRE# 01800021 with RE/MAX 2000 REALTY 909-645-0443

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/30/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/30/2026 at 7:46 AM UTC Last Checked: 7:46 AM UTC

 

 

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