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6 Beds
6 Baths
2,304 sqft

$1,148,000

698 W Olympic, MONTEBELLO CA, 90640

Price per sqft$498.26
Built in1915
Property size2,304 sqft
Property typeMulti-family

Overview

Active

Listed Sep 14, 2026

Updated 21h 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
OC26203738MR

Interior Features

Bedrooms
6
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.13 Acres

Listed by Pat Swanson with Pat Swanson
Listing Contact: 213-864-2862 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stephen Parisi shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/7/2026

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