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Listed by Pat Swanson, Pat Swanson, Listing Contact: 213-864-2862 
1 Bed
1 Bath

$1,148,000

698 W Olympic, Montebello CA, 90640

Property typeMulti-family

Overview

Active

Listed Sep 18, 2026

Updated 15h ago

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.

$7,638/mo

Est. mortgage payment based on a $1,148,000 home price.

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

Additional information

MLS® ID
OC26203738

Interior Features

Bedrooms
1
Bathrooms
1
Basement
No

Exterior Features

Lot Size
0.13 Acres

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Data last updated 6:25 AM UTC, 10/7/2026

   

 

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