Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
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

Overview

Active

Listed Sep 28, 2026

Updated 12 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

Listed by Kristopher German, RE/MAX 2000 REALTY, CA DRE 01800021

Listing Contact: 909-645-0443 

Based on information from the CRISNet MLS as of 9/30/2026, 7:41 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

©2026 CRISNet MLS. All rights reserved. 

Powered by Luxury Presence