524 N Poplar Avenue, Montebello, CA 90640

• 24,506 sqft

Property Description

We are pleased to present for sale an exceptional investment opportunity nestled in one of North Montebello's most desirable residential pockets just north of Beverly Blvd this 30-unit multifamily community is being offered for sale for the first time in nearly half a century. Long held, the property presents a rare chance to acquire an asset with substantial rental upside in a consistently strong rental market. The building features an ideal and highly rentable mix of spacious floor plans: four 2-bedroom/2-bath units, eighteen 2-bedroom/1-bath units, and eight 1-bedroom/1-bath units. This property presents an exceptional opportunity for an astute investor to capture meaningful value-add potential, with a realistic rental upside of approximately 38%. The potential to significantly enhance income is both evident and attainable. Residents enjoy convenient on-site amenities including two dedicated laundry rooms along with covered and garage parking, a rare advantage in the neighborhood. The property's location offers exceptional walkability just a short stroll to the restaurants, cafes, and everyday conveniences along Beverly Blvd and Montebello Blvd. Adding to its investment appeal, the property is only subject to statewide AB 1482 and not impacted by local rent control measures, a

Listing Status:

Active

Date Added:

December 16, 2025 at 06:00AM

Listing Office:

Remax Commercial and Investment Realty : 213-817-1000

Listing Agent:

Eric Dilanian : 213-233-4379

MLS ID:

CL25628663

Interior

• Laundry: Common Area

Exterior

• Parking: Covered

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: MNR35278027026

Financial

• Source: CRMLS

This listing courtesy of Eric Dilanian, Remax Commercial and Investment Realty