Montebello Homes with Asphalt Parking features

Welcome to Montebello, California – a vibrant gem nestled in the heart of Los Angeles County. Known for its rich cultural diversity and welcoming community, Montebello offers a perfect blend of suburban tranquility and urban convenience. With a population of approximately 60,000, this charming city features an array of parks, shopping centers, and dining options that cater to all tastes, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of homes in Montebello is their practical and appealing asphalt parking options. Many properties in this area come equipped with ample asphalt parking spaces, providing homeowners with the convenience and accessibility they desire. Whether you have multiple vehicles, enjoy hosting friends and family, or simply appreciate the ease of parking, these homes cater to your needs. Asphalt parking not only enhances the functionality of your property but also adds to the overall aesthetic appeal, ensuring a well-maintained exterior.

Montebello's prime location allows for easy access to major freeways, making it a breeze to commute to downtown Los Angeles or explore the beautiful surrounding areas. With a variety of housing options available, from charming single-family homes to modern condos, Montebello is an ideal choice for anyone looking to settle down in a community that values both comfort and convenience. Discover the allure of Montebello, where your dream home awaits amidst a thriving and friendly neighborhood!

Newest Montebello Homes with Asphalt Parking features

$1,972,500

CV26169898 MLS ⋅ Active Status

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.

432 N Poplar Avenue, Montebello

$1,972,500

CV26169882 MLS ⋅ Active Status

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 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 6.85% CAP Rate, 10.30 GRM, and a 5.72% cash-on-cash return, while providing additional upside through market rent alignment with projected financials of a 7.24% CAP Rate, 9.90 GRM, and a 6.83% cash-on-cash return. 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. Additional opportunity: The adjoining 9-unit property (MLS# CV26169898) is also available for purchase, creating a rare opportunity to acquire 18 units across two separate parcels. Whether purchased individually or as part of the combined offering, this property combines strong in-place cash flow, compelling price-per-unit value, and meaningful upside potential, making it an excellent addition to any multifamily investment portfolio.

428 N Poplar Avenue, Montebello

$974,800

DW26128889 MLS ⋅ Active Status

Welcome to 2517 W. Beverly Blvd...a rare mixed-use opportunity in a prime Montebello location with excellent Beverly Blvd exposure. The street-level commercial space offers a flexible layout suitable for a variety of business uses, while the upper level features an updated 2-bedroom, 1-bath residence with modern finishes, washer/dryer hookups, and a private patio. Recent improvements include updated electrical, dual-pane windows, newer HVAC systems, and a newer roof with transferable warranty. An additional adjacent vacant parcel set up as a parking lot provides an extra 2,608 sq. ft. of secure gated parking with front and rear access and was recently repaved giving an owner approximately 5,294 sf total of usable land. While most business owners compete for limited parking spaces on Beverly Blvd, this property is currently set up with up to 9 parking spaces for customers/owner. This much parking is a rarity for most of the adjacent Beverly Blvd commercial properties. This property is ideal for owner-users, investors, or those seeking a live-work property. This high visibility location has approximately 25K (ADT) vehicles per day along Beverly Blvd. 2517 W Beverly Blvd sits just west of Garfield Ave which is one of the busiest corridors in Montebello and elevates traffic volumes on adjacent segments of Beverly Blvd = more business opportunities! Jump on this opportunity before its gone!!!

2517 W Beverly Boulevard, Montebello

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.