Est. cap rate

3.2%

Assumed rent, all units

$8,560/mo

Units

4

Price per unit

$399,500

Est. annual NOI

$51,360

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Building size

3,913 sqft

Lot size

6,762 sqft

Year built

1961

Garage spaces

2

Pool

None

View

None

Status

Active

Days on market

7

MLS #

242432343

About this property

Rare 4-unit opportunity in Montebello with an ideal setup for both owner-users and investors. The property consists of a front house featuring 3 bedrooms and 2 bathrooms, offering privacy and comfort for an owner-user who wants to live on-site while generating rental income from the rear units. Behind the front house are three additional units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, for a total of approximately 3,913 square feet of living space.This property offers a strong unit mix, functional layout, and excellent parking with two one-car garages plus three covered carport spaces, providing five total parking spaces. Current tenants are in place, paying, and on month-to-month agreements, giving the next owner flexibility with future plans. The property may also provide the opportunity to add up to two ADUs, creating additional long-term upside and value-add potential. Conveniently located in Montebello with access to local shopping, dining, schools, public transportation, and nearby freeways, this is a great chance to own a well-positioned income property with multiple paths for growth.This property offers a strong unit mix, functional layout, and excellent parking with two one-car garages plus three covered carport spaces, providing five total parking spaces. Current tenants are in place, paying, and on month-to-month agreements, giving the next owner flexibility with future plans. The property may also provide the opportunity to add up to two ADUs, creating additional long-term upside and value-add potential. Conveniently located in Montebello with access to local shopping, dining, schools, public transportation, and nearby freeways, this is a great chance to own a well-positioned income property with multiple paths for growth.

Location

2120 W Victoria Avenue

Montebello, Los Angeles, CA, 90640