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509-523 N 3rd St
Montebello, CA 90640
 Multifamily Property For Sale · 12 Units

Apartment Buildings California Montebello 509-523 N 3rd St, Montebello, CA 90640

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INVESTMENT HIGHLIGHTS

  • 12-unit multi-family property consisting of five buildings totaling 11,923 SF and ±0.37 AC of vacant land
  • High vacancy
  • Across Beverly Blvd. from Adventist Health White Memorial Hospital
  • Zoning: General Commercial (C-2), Multiple-Family Residential (R-3)
  • Value add opportunity
  • Nearby retailers include The Home Depot, Target, Superior Grocers, Vons, Harbor Freight, Big 5 Sporting Goods, Marshalls, and more

EXECUTIVE SUMMARY

12-unit multi-family property across five buildings totaling 11,923 SF, plus ±0.37 AC of vacant land. Zoned General Commercial (C-2) and Multiple-Family Residential (R-3), APN: 5269-013-037. High vacancy offers significant upside for repositioning or redevelopment. Prime location across Beverly Blvd. from Adventist Health White Memorial Hospital, surrounded by major retailers including The Home Depot, Target, Superior Grocers, Vons, Harbor Freight, Big 5 Sporting Goods, Marshalls, and more.

PROPERTY FACTS

Sale Type Investment Building Class C
Sale Condition High Vacancy Property Lot Size 0.95 AC
No. Units 12 Building Size 11,923 SF
Property Type Multifamily Average Occupancy 75%
Property Subtype Apartment No. Stories 1
Apartment Style Garden Year Built 1955
Zoning C-2, R-3 - High-Density Residential District
Sale Type Investment
Sale Condition High Vacancy Property
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.95 AC
Building Size 11,923 SF
Average Occupancy 75%
No. Stories 1
Year Built 1955
Zoning C-2, R-3 - High-Density Residential District

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Walking/Biking Trails
  • Storage Space
  • Public Transportation
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 - -
 

  • Listing ID: 38749723

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 509-523 N 3rd St, Montebello, CA 90640

The Multifamily Property at 509-523 N 3rd St, Montebello, CA 90640 is currently available for Sale. Contact Retail Property Advisors for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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