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Sold for $1,960,000 · Sep 2026

SOLD

Listed at $2,095,000

Sold

221 S Maple Avenue, Montebello, CA 90640

Montebello, CA

MLS# CV26115746

4,560 Sq Ft • Apartment
73 days on market

Listing Agent

Kristopher German

Listing Agent

RE/MAX 2000 REALTY

DRE #: 01800021

Brokerage: RE/MAX 2000 REALTY

Property Details

N/A

Bedrooms

N/A

Bathrooms

4,560 sqft

Square Feet

1947

Year Built

0.28 acres

Lot Size

$430

Price/Sq Ft

6

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

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

Facts & Features

Details

Stories
1
Cooling
WallWindowUnits

Sale history for 221 S Maple Avenue

1 recorded sale

$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

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 166 closed sales in 90640 over the last 12 months, the median sold price is $850,000 and the median is $510 per square foot.

$510
90640 median per sq ft (12 mo)
$850,000
90640 median sold price (12 mo)
166
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 202660$850,000
Q3 202670$882,490
Q4 202620$806,000

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

Recent sales near 221 S Maple Avenue

Closed sales reported in 90640, nearest first, last 12 months. All recent sales in Montebello →

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