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Listed by RE/MAX 2000 REALTY, Kristopher German, Listing Contact: 626-427-0786

$1,947,500

428 N Poplar AVE, Montebello CA, 90640

Price per sqftN/A
Built in1950
Property typeMulti-family

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# CV26169898) 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

$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
CRCV26169882

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.35 Acres
MLS provider logo

Listed by RE/MAX 2000 REALTY, Kristopher German DRE:01800021,
Listing Contact: 626-427-0786 

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Data last updated 3:32 AM UTC, 9/30/2026

 

 

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