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698 W Olympic — photo 1
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Units

6

Building Size

2,304 sf

Lot Size

5,504 sf

Status

Active

Listing Agent: Pat Swanson, Pat Swanson

Montebello

698 W Olympic

About This Property

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.

Unit Mix

  • 1 unit · 1bd / 1ba

Neighborhood

This property is located in Montebello. Want to learn more about the area?

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Asking Price

$1,148,000

Est. Monthly Payment

$7,336/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Pat Swanson

Pat Swanson