Millman Team Real Estate

$1,499,000
0.13 Acre Lot

252 S 7th Street, Montebello, California 90640

  • Residential Income Property Type
  • Electric Gate Cars Garage
  • 1915 Year Built
Property Description

Property was recently renovated in 2023, Note this listing has a 3.28% assumable 1st TD. Whether you’re a new buyer seeking a stable income property in a prime location or a seasoned investor looking to expand your portfolio or place a 1031 exchange, these units offer the perfect blend of current cash flow and future appreciation. Because of stable tenant demand for this neighborhood with historically low vacancy rates, this property is currently full. Excellent long-term growth potential. Situated on a quiet residential street yet conveniently close to shopping, dining, schools. It combines neighborhood charm with urban accessibility with classic curb appeal on a corner location. A rare chance to acquire this well-maintained two-story, six-unit apartment building in the heart of Montebello, one of Los Angeles County’s most desirable rental markets. Easy freeway access, the building is located equi-distant from the 60, 5 and 605 freeways.

Basic Details
Residential Income
For Sale
RS25194732
$1,499,000
None
1915
0.13 Acre
Active
Apartment
: Asphalt
Features
: None
: Wall Furnace
: None
: Masonry
: None
: Electric Gate, Private, Assigned, Asphalt
: Contemporary
: Laminate
: Bedroom on Main Level
: None
: Public Sewer
: Electricity Connected, Natural Gas Connected, Water Connected
: Casement Window(s)
$0
Appliances
: Gas Range, Refrigerator
Address Map
CA
Los Angeles
Montebello
90640
7th
252
Street
Building is on the corner of West Olympic Blvd and 7th St.
674 - Montebello
S
MNR3*
Additional Information
$0
$0
$0
$0
$0
: Parking, Accessible Doors
2304
: Sidewalks, Street Lights, Curbs, Suburban, Gutter(s), Storm Drain(s)
: Stucco
Standard
1
: Two
: 6-10 Units/Acre
6
2025-09-02
1525000
2
2
: Public
Broker/Agent Information
Mark 1 Real Estate Inc
Kirk Mulhearn
Listing Information
RSMULHKIR
RSM1
Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange
Active
2025-11-02T21:37:31Z
CRMLS
: Standard
2025-09-02T10:45:31Z
Agent info
Ray Millman
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