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Listed by: Pat Swanson (949) 724-5564 DRE #01382974 | Pat Swanson (949) 724-5564
$1,148,000
Monthly Est:$5,714
1 Bed
1 Bath
2,304sqft
698 W Olympic, Montebello, CA 90640
$1,148,000
$5,714/moEst:
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Apartment
Built in 1915
$-- HOA
5,504 sqft lot
$498/sq.ft
Description
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.
- Houzeo last checked: 1 minute ago
- Listing updated: October 6, 2026 at 4:48 pm
- Source: California Regional MLS-CA | MLS#: OC26203738
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
2,304 sqft
Lot Size
5,504 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26203738
MLS Status
Active
Days on Market
47
Cumulative Days on Market
18
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
None
Other Features
Community Features
Suburban, Sidewalks
Tenant Pays
All Utilities
Lot Features
Six To Ten Units Acre
Price History
| Date | Event | Price |
|---|---|---|
09/18/2026 Source: | Listed for Sale | $1,275,000 +11.06% $553/sqft |
09/18/2026 Source: | Price Decreased | $1,148,000 -9.96% $498/sqft |
09/17/2026 Source: | Coming Soon | $1,275,000 $553/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:30PM and /or other sources. 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. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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