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2,304 sqft

$1,148,000

698 W Olympic, Montebello CA, 90640

Price per sqft$498.26
Built in1915
Property size2,304 sqft
Property typeCondominium

Overview

Active

Listed Sep 18, 2026

Updated 3 days ago

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.

$7,638/mo

Est. mortgage payment based on a $1,148,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26203738

Interior Features

Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

55+/Senior Community
No

Also listed on CLAW

Listed by Pat Swanson, Pat Swanson, CA DRE 01382974

Listing Contact: 213-864-2862 

Based on information from the CRISNet MLS as of 10/7/2026, 6:33 AM UTC. 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. The 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.

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