698 W Olympic, Montebello, CA 90640

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Beds

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Baths

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Sq ft

About this home

Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.

Type

Apartment

Year built

1915

Lot

5,504 sq ft

Garage

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HOA

None

Pool

View

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Solar

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Estimated payment

$7,240/mo

Principal & interest$5,805
Property tax (est.)$1,100
Home insurance (est.)$335

Down payment: 20% ($229,600)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Pat Swanson, Pat Swanson, 213-864-2862. MLS# OC26203738. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:13 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.