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$1,960,000
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Property Description
Price Reduced! Rare opportunity to acquire two side-by-side 5-unit properties in the city of Montebello, offering 10 total units across two separate parcels in one of the area's most supply constrained multi-family markets. Now offered at $2,095,000, only $209,500 per unit, the property provides investors an attractive entry point into a market where apartment inventory rarely becomes available.
The investment currently delivers a 5% CAP Rate and 12.6 GRM, with an estimated 25% upside in rental income, creating an opportunity for increased cash flow over time. The properties feature a desirable configuration with six single-story units and four second-level units with parking below. The unit mix consists of six 1-Bed/1-Bath units and four Studio apartments.
Residents enjoy onsite garage parking, while tenants pay for their own utility usage, creating an efficient operating structure for ownership. Another significant advantage is no local city rent control, providing greater flexibility for investors as they work toward capturing the property's rental upside.
Ideally located in a prime Montebello rental pocket just minutes from Montebello Park, Whittier Boulevard, schools, shopping, and major amenities, this offering combines compelling new pricing, strong in-place income, and meaningful rental upside. At just $209,500 per unit, this is an opportunity for investors looking to take advantage of aggressive pricing in the San Gabriel Valley.
Full Property Details
Full Property Details for 221 S Maple Ave
General
- Sold For: $1,960,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV26115746
- Added to Site: 146 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 6
- Parking Features: Garage (Single Door)
- Parking: Garage (Single Door)
Location
- Area: 674 - Montebello
- County: Los Angeles
- Development Name: 674 - Montebello
- Driving Directions: South of Whittier Blvd. West of Montebello Blvd.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 10
- # Electric Meters: 10
Structural Information
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,560
- Year Built: 1947
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
Unit 10
- Total Bathrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.2796
- Lot Size Source: Assessor
- Zoning: MNR3YY
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $429.82
- Price Per Unit: 209500
Listed and Sold by Re/Max 2000 Realty, Kristopher German
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Schools
Schools serving 221 S Maple Ave
School District:Montebello Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Montebello, CA 1400 West Madison Avenue, Montebello, CA 90640 | K-5 | 0.5 mi |
Montebello Intermediate School 1600 Whittier Boulevard, Montebello, CA 90640 | 6-8 | 0.3 mi |
Montebello High School 2100 West Cleveland Avenue, Montebello, CA 90640 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 S Maple Ave
Date
Details
Price
Change
Source
9/10/2026
Sold
$1,960,000
-6.44%
MLS
8/13/2026
Price Reduced
$2,095,000
-2.56%
MLS
6/22/2026
Price Reduced
$2,150,000
-6.32%
MLS
5/28/2026
Listed
$2,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
221 S Maple Avenue, Montebello, CA 90640 (MLS# CV26115746) is a Multi-Family property that was sold at $1,960,000 on September 10, 2026. Want to learn more about 221 S Maple Avenue? Do you have questions about finding other Multi-Family real estate for sale in Montebello? You can browse all Montebello real estate or contact a Coldwell Banker agent to request more information.

