TruLine Real Estate

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$5,900,000

524 N Poplar Avenue
Montebello, CA 90640

Residential Income|Sold 02/24/2026
52
Beds
34
Total Baths
24,506
SqFt
$241
/SqFt
1963
Built
County:
Los Angeles
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
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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, allowing greater flexibility in managing future rent growth. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Silver Lake, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually. DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.

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Listing Snapshot
Bedrooms 
52
Total Baths 
34
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
24,506 sqft
Lot Size 
0.8218 Acres
Year Built 
1963
MLS® Number 
25628663
Status 
Sold
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.8218
Garage 
Yes
Garage Spaces 
2
Levels 
TwoMulti/Split
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
34
Special Circumstances 
Standard
SqFt Total 
24506
Zoning 
MNR3YY
Interior Features
Laundry Features 
Common Area
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Community Features
MLS Area 
674 - Montebello
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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$5,900,000

524 N Poplar Avenue
Montebello, CA 90640

Residential Income|Sold 02/24/2026
52
Beds
34
Total Baths
24,506
SqFt
$241
/SqFt
1963
Built
County:
Los Angeles
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
Save
Ask
Hide
Share

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, allowing greater flexibility in managing future rent growth. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Silver Lake, San Gabriel, and Alhambra. Properties can be sold together as a portfolio or individually. DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.

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Listing Snapshot
Bedrooms 
52
Total Baths 
34
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
24,506 sqft
Lot Size 
0.8218 Acres
Year Built 
1963
MLS® Number 
25628663
Status 
Sold
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.8218
Garage 
Yes
Garage Spaces 
2
Levels 
TwoMulti/Split
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
34
Special Circumstances 
Standard
SqFt Total 
24506
Zoning 
MNR3YY
Interior Features
Laundry Features 
Common Area
Save
Ask
Hide
Share
Community Features
MLS Area 
674 - Montebello
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Hide
Share
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