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328 N 2nd Street, Montebello, CA 90640

Montebello
Local realty services provided by:CENTURY 21 Coastal Properties
328 N 2nd Street,Montebello, CA 90640
$2,150,000
  • 16 Beds
  • 8 Baths
  • 7,559 sq. ft.
  • Multi-family
  • Active
Listed by: shant sherbetdjian
Office: remax commercial and investment realty213-817-1000
MLS#:26748163
Source:CRMLS

Price summary

  • Price:$2,150,000
  • Price per sq. ft.:$284.43

About this home

We are pleased to present for the first time on the market in over 50 years, this exceptional multi-family property represents a rare generational asset opportunity in the highly desirable North Montebello submarket. Widely considered a trophy investment, the property features spacious 2-bedroom, 1-bathroom units averaging nearly 900 square feet each, offering an ideal layout that appeals to a broad tenant base. Each unit is equipped with garage parking, laundry hookups, and private rear entrances, enhancing both functionality and tenant privacy. The property has also seen key infrastructure improvements, including an updated main electrical panel, and offers strong potential for the addition of multiple ADUs (buyer to verify), creating a compelling path for future income growth. From an investment perspective, the asset presents significant value-add potential, with projected rental upside of approximately 75%, allowing investors to strategically renovate and reposition the property...

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Home facts

  • Year built:1947
  • Listing ID #:26748163
  • Added:51 day(s) ago
  • Updated:June 12, 2026 at 10:47 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:7,559 sq. ft.

Structure and exterior

  • Year built:1947
  • Building area:7,559 sq. ft.
  • Lot area:0.33 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,150,000
  • Price per sq. ft.:$284.43

Parking

  • Total parking spaces:8
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:8
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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