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221 S Maple Avenue, Montebello, CA 90640

Property

221 S Maple Avenue, Montebello, CA 90640 Sold September 2026 CRMLS
$1,960,000Sold September 2026

Listing Agent: Kristopher German (DRE #01800021) · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Kristopher German · RE/MAX 2000 REALTY · MLS #CV26115746 · Source: CRMLS

12,178 sqft
Lot Size
1947
Year Built
Property
Type
1
Stories
6
Garage
WallWindowUnits
Cooling

How this sale compares

221 S Maple Avenue sold for $1,960,000 in September 2026, 6.4% under its $2,095,000 list price, after 73 days on the market. It was first listed at $2,295,000. Across 147 closed sales in 90640 over the last 12 months, the median sold price is $865,000 and the median is $510 per square foot.

$510
90640 median per sq ft (12 mo)
$865,000
90640 median sold price (12 mo)
147
Closed sales in 90640 (12 mo)
73
Days on market
−6.4%
Sold vs. list price
QuarterClosed sales in 90640Median sold price
Q1 202616$794,500
Q2 202663$850,000
Q3 202668$882,490

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Montebello · Homes for sale in 90640

About this property

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.

Listing description from the September 2026 sale, as reported to CRMLS.

Sale history

$1,960,000
Sold September 2026 · listed $2,095,000, orig. $2,295,000, on market May 2026, 73 days on market · MLS #CV26115746 · Source: CRMLS
Listing Agent: Kristopher German · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Kristopher German · RE/MAX 2000 REALTY

Recent sales near 221 S Maple Avenue

MLS-reported closed sales in 90640, nearest first (last 12 months). All recent sales in Montebello →

Questions about 221 S Maple Avenue

When did 221 S Maple Avenue last sell?

221 S Maple Avenue last sold in September 2026 for $1,960,000, according to CRMLS-reported closed sales.

What did 221 S Maple Avenue sell for?

$1,960,000, 6.4% below the $2,095,000 list price, after 73 days on the market.

How does that compare to other Montebello sales?

147 homes closed in ZIP 90640 over the last 12 months at a median of $865,000 ($510 per square foot).

Is 221 S Maple Avenue for sale now?

221 S Maple Avenue is not currently listed on the MLS. Browse current homes for sale in Montebello on Nalren.

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