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524 N Poplar Ave
Montebello, CA 90640
30 Units- Prime Montebello | North of Beverly · Immeuble residentiel Propriété À vendre
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30 Unités
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Eric Dilanian & Shant Sherbetdjian are Pleased to Present for Sale 30 Units in North Montebello! First Time on Market in Nearly 50 Years!
- Excellent, Highly Rentable Unit Mix: • (4) 2 Bed + 2 Bath • (18) 2 Bed + 1 Bath • (8) 1 Bed + 1 Bath
- Desirable Tenant Amenities | Two On-Site Laundry Rooms | Covered & Garage Parking
- Walking Distance to Shops, Restaurants & Daily Conveniences
- Value-Add Opportunity | Realistic Rental Upside of Approximately 38%
- AB 1482 Only | Not Subject to Any Local Rent Control Ordinances
RÉSUMÉ DE L'ANNONCE
Eric Dilanian and Shant Sherbetdjian of RE/MAX Commercial & Investment Realty, are pleased to present for sale an exceptional investment opportunity nestled in one of North Montebello’s most desirable residential pockets—just north of Beverly Blvd—this 30-unit multifamily community is being offered for sale for the first time in nearly half a century. Long held, the property presents a rare chance to acquire an asset with substantial rental upside in a consistently strong rental market.
The building features an ideal and highly rentable mix of spacious floor plans: four 2-bedroom/2-bath units, eighteen 2-bedroom/1-bath units, and eight 1-bedroom/1-bath units. This property presents an exceptional opportunity for an astute investor to capture meaningful value-add potential, with a realistic rental upside of approximately 38%. The potential to significantly enhance income is both evident and attainable.
Residents enjoy convenient on-site amenities including two dedicated laundry rooms along with covered and garage parking, a rare advantage in the neighborhood. The property’s location offers exceptional walkability—just a short stroll to the restaurants, cafés, and everyday conveniences along Beverly Blvd and Montebello Blvd.
Adding to its investment appeal, the property is only subject to statewide AB 1482 and not impacted by local rent control measures, allowing greater flexibility in managing future rent growth.
Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units.
The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Silver Lake, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually.
DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.
The building features an ideal and highly rentable mix of spacious floor plans: four 2-bedroom/2-bath units, eighteen 2-bedroom/1-bath units, and eight 1-bedroom/1-bath units. This property presents an exceptional opportunity for an astute investor to capture meaningful value-add potential, with a realistic rental upside of approximately 38%. The potential to significantly enhance income is both evident and attainable.
Residents enjoy convenient on-site amenities including two dedicated laundry rooms along with covered and garage parking, a rare advantage in the neighborhood. The property’s location offers exceptional walkability—just a short stroll to the restaurants, cafés, and everyday conveniences along Beverly Blvd and Montebello Blvd.
Adding to its investment appeal, the property is only subject to statewide AB 1482 and not impacted by local rent control measures, allowing greater flexibility in managing future rent growth.
Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units.
The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Silver Lake, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually.
DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.
FAITS SUR LA PROPRIÉTÉ
| Prix par unité | 311 560 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 4,66% | Taille du lot | 0,82 AC |
| Multiplicateur du loyer brut | 11.54 | Taille du bâtiment | 24 506 pi² |
| Nombre d’unités | 30 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1963 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,39/1 000 pi² |
| Zonage | MNR3YY | ||
| Prix par unité | 311 560 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 4,66% |
| Multiplicateur du loyer brut | 11.54 |
| Nombre d’unités | 30 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,82 AC |
| Taille du bâtiment | 24 506 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1963 |
| Ratio de stationnement | 1,39/1 000 pi² |
| Zonage | MNR3YY |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 2+1 | 18 | - | - |
| 2+2 | 4 | - | - |
| 1+1 | 8 | - | - |
Impôts fonciers
| Numéro de lot | 5278-027-026 | Évaluation des bâtiments | 2 038 304 $ CAD |
| Évaluation du terrain | 331 771 $ CAD | Évaluation totale | 2 370 075 $ CAD |
Impôts fonciers
Numéro de lot
5278-027-026
Évaluation du terrain
331 771 $ CAD
Évaluation des bâtiments
2 038 304 $ CAD
Évaluation totale
2 370 075 $ CAD
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