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698 W Olympic, Montebello, CA

$1,275,000

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1

Bed

1

Bath

0.13

Acres

About 698 W Olympic

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.

Features of 698 W Olympic

MLS® # OC26203738
Price $1,275,000
Bedrooms 1
Bathrooms 1.00
Acres 0.13
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 698 W Olympic
Area MONTEBELLO (90640)
City Montebello
County Los Angeles
State CA
Zip Code 90640

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Sidewalks

Additional Information

Date Listed September 18th, 2026
Days on Market 4
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePat Swanson

Listing Map

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