Est. cap rate

3.4%

Assumed rent, all units

$4,280/mo

Units

2

Price per unit

$379,500

Est. annual NOI

$25,680

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

Duplex

Bedrooms

2

Building size

1,606 sqft

Lot size

6,237 sqft

Year built

1922

Stories

1

Garage spaces

2

Pool

None

View

Neighborhood

Status

Active

Days on market

54

MLS #

246149477

About this property

click on 360 view for full video Prime Montebello Duplex Investment Opportunity Excellent income-producing opportunity in the heart of Montebello! Located north of Whittier Boulevard, this well-positioned property features two spacious units, offering flexibility for an investor, owner-user, or multigenerational household. The property consists of: Front Unit: Spacious 2-bedroom, 1-bathroom home Rear Unit: 1-bedroom, 1-bathroom unit One-car garage for each unit Private yard for each unit Alley access to the garages Conveniently located north of Whittier Boulevard The separate yards, individual garages, and alley access provide desirable privacy and functionality for both units—features that can be especially attractive to long-term renters. Strong Montebello Location Montebello offers a strategic location in Southeast Los Angeles County with convenient access to major employment centers, shopping, dining, schools, parks, and transportation. The city has continued to invest in infrastructure, economic development, housing, and community improvements. Montebello was recognized by the City as the 2025 Most Business-Friendly City in Los Angeles County, reflecting its ongoing focus on economic growth and investment. The property is also positioned in the northern portion of Montebello, an area with notable community assets including Montebello Town Center, Down Town Montebello, and other established residential neighborhoods and services. The city is also planning for continued long-term growth and improved connectivity. Current city planning efforts include infrastructure improvements along major corridors and future transit-oriented development associated with the planned Metro E Line Greenwood Station. With two separate living units, two garages, two private yards, and alley access, this property offers the kind of configuration investors look for in a Southern California multifamily property. Whether you're looking to generate rental income, live in one unit while renting the other, accommodate extended family, or add a well-located property to your portfolio, this Montebello duplex presents an excellent opportunity. Great location. Great layout. Two units. Multiple possibilities. Don't miss this Montebello investment opportunity!

Location

137 N 2nd

Montebello, Los Angeles, CA, 90640