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252 S 7th St 6 Unit Apartment Building $2,048,150 CAD ($341,358 CAD/Unit) 4.01% Cap Rate Montebello, CA 90640



Investment Highlights
- Turnkey remodeled interior units
- Market Rents and fully occupied
Executive Summary
What if your next investment property already came with six renovated units producing stable rental income in one of Montebello’s strongest rental markets? We are pleased to present a turn-key 6-unit investment opportunity in the heart of Montebello, offering investors a rare chance to acquire a well-maintained, income-producing property with strong rental demand. The property features six renovated 1-bedroom, 1-bathroom units that are easy to rent and professionally owned and operated, making this an ideal asset for investors seeking stable cash flow and long-term appreciation. Ownership has completed numerous recent renovations and capital improvements, allowing a new owner to step into a low-maintenance, professionally managed asset from day one. Each unit is separately metered for gas and electricity, and the owner has implemented a RUBS (Ratio Utility Billing System) for water and trash, helping reduce operating expenses and improve overall property efficiency. Tenants benefit from the property’s prime central location near Whittier Boulevard, placing them within close proximity to a wide range of shopping, dining, and everyday conveniences.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$139,706
|
$60.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$139,706
|
$60.61
|
| Taxes |
$29,423
|
$12.77
|
| Operating Expenses |
$28,156
|
$12.22
|
| Total Expenses |
$57,580
|
$24.98
|
| Net Operating Income |
$82,126
|
$35.63
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $139,706 |
| Annual Per SF | $60.61 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $139,706 |
| Annual Per SF | $60.61 |
| Taxes (CAD) | |
|---|---|
| Annual | $29,423 |
| Annual Per SF | $12.77 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $28,156 |
| Annual Per SF | $12.22 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $57,580 |
| Annual Per SF | $24.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $82,126 |
| Annual Per SF | $35.63 |
Property Facts
| Price | $2,048,150 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $341,358 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 4.01% | Building Size | 2,305 SF |
| Gross Rent Multiplier | 14.67 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Parking Ratio | 1.74/1,000 SF |
| Zoning | MNR3* - Zoned R-3 for multi-family use. Allows duplexes, triplexes, and apartments. Buyer to verify zoning and development potential. | ||
| Price | $2,048,150 CAD |
| Price Per Unit | $341,358 CAD |
| Sale Type | Investment |
| Cap Rate | 4.01% |
| Gross Rent Multiplier | 14.67 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 2,305 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1915 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | MNR3* - Zoned R-3 for multi-family use. Allows duplexes, triplexes, and apartments. Buyer to verify zoning and development potential. |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 6349-009-026 | Total Assessment | $2,040,204 CAD |
| Land Assessment | $1,062,024 CAD | Annual Taxes | $29,423 CAD ($12.77 CAD/SF) |
| Improvements Assessment | $978,180 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
6349-009-026
Land Assessment
$1,062,024 CAD
Improvements Assessment
$978,180 CAD
Total Assessment
$2,040,204 CAD
Annual Taxes
$29,423 CAD ($12.77 CAD/SF)
Tax Year
2025
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252 S 7th St
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