698 W Olympic Blvd, Montebello, CA 90640
Property image
Property image
NEW
COMING SOON 9/18
Listed by Pat Swanson, Pat Swanson, (213) 864-2862

$1,275,000

  • 6 Beds
  • 6 Baths
  • 2,304 sqft

698 W Olympic Blvd, Montebello, CA 90640

Est. Mortgage $8,074/mo*
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Home Highlights

Multi-Family
Built in 1915
$553/sqft

Local Information

  • Map ViewExplore the area around 698 W Olympic Blvd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Clean six-unit investment opportunity located in a desirable residential neighborhood of Montebello. The property features six 1-bedroom, 1-bathroom units that were extensively renovated in 2020, providing investors with a well-maintained, low-maintenance asset. A RUBS program is in place to help offset water and trash expenses and improve operating efficiency. The property is not subject to local rent control and is governed by AB 1482. Offering a 6.25% CAP Rate at an attractive price point, this is an excellent starter investment or addition to an existing multifamily portfolio.

Home Details for 698 W Olympic Blvd

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Appliances & Utilities
Laundry: None
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: Ground

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels

Price & Status

Price
List Price: $1,275,000Price Per Sqft: $553

Active Status

MLS Status: Coming Soon

Location

Direction & Address
City: Montebello

Agent Information

Listing Agent
Listing ID: OC26203738

Building

Building Area
Building Area: 2304 Square Feet

Community

Community Features: Suburban, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 5504 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan

Business

Expense
Tenant Pays: All Utilities

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: OC26203738Living Area Range Units: Square FeetAttribution Contact: 213-864-2862Activation Date: Fri Sep 18 2026Common Interest: NoneStart Showing Date: Fri Sep 18 2026

Additional Information

SuburbanSidewalksSource Internet Entire Listing Display

Around this home

What Locals Say about Montebello

At least 479 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 81 % Say it's dog friendly

  • 72 % Say car is needed

  • 68 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 66 % Say it's walkable to grocery stores

  • 65 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 52 % Say people would walk alone at night

  • 49 % Say it's quiet

  • 48 % Say parking is easy

  • 46 % Say kids play outside

  • 46 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Monica Ortiz
    "There are parks here and there where they can walk to, but none dedicated for dogs. "
    0
    Flag
  • Angelleslie23
    "There are many stores and freeways nearby. It’s convenient to find family events close to us. Near different cities to work in. "
    0
    Flag
  • Crystal Lizardo
    "Lived here for many years. And love this place. Good place to live. And good school district. The city is a great city. And surrounding cities. "
    3
    Flag
  • Adam
    "Its has a corrupt city government. No businesses want to bring their companies to the city. The old mall is their only big attraction however it is old and outdated. "
    7
    Flag
  • Adam
    "This district's average testing ranking is 3/10, which is in the bottom 50% of public schools in California. Public Schools in Montebello Unified School District have an average math proficiency score of 17% (versus the California public school average of 34%), and reading proficiency score of 32% (versus the 49% statewide average"
    4
    Flag
  • Rafael O. R.
    "during the summer there are live concerts at the city park. there is a brewery that is really good. "
    4
    Flag
  • Esther S. A.
    "Lived here for over 15 years and it’s always been a nice and calm neighborhood. People are friendly here"
    0
    Flag
  • Anthonymontano1996
    "Many many schools. Good food places nearby. Grocery stores near by. Mall near by. Many children out at all times, very alive city"
    4
    Flag
  • Barbara_hendle
    "The Armenian Annual Festival, the 4th of July Fireworks Show. Very diversified community. Close, very close to downtown LA. "
    3
    Flag
  • Rosimartinez74
    "4th of July block party families get together, live band, potluck, Halloween trick o treating all neighbors know the kids. "
    2
    Flag
  • Johvana.tinajero
    "Prob owners wouldn’t like that most of the time you run into a stray dog and it’s terrifying, I always get scared these dogs are going to attack me or my dog "
    0
    Flag
  • Isalani5641
    "My area is terrifying. And trashy. And have had things stolen a lot in a gated community. It’s terrible if you’re used to quiet place and protection"
    1
    Flag
  • Louisquest31
    "This is city is always moving in a fast paced. Just watch out far cars. But I love Montebello since I could remember. "
    0
    Flag
  • Hidee H.
    "it is nice enjoyed lots of things to do and restaurants movies malls parks sports swimming pools.. Convenient markets near by"
    1
    Flag
  • Hidee H.
    "we have great parks and schools. There is one thing that we do need is a sports park for all the kids to play there sports instead at the different schools in the area. "
    0
    Flag
  • Janae M.
    "It’s a safe environment for children. The neighborhood is quiet and people are respectful. Close to freeways such as the 60."
    1
    Flag
  • Mariesshop
    "My neighbors are great and I live near parks and stores. The schools are also close by, great variety of places to eat"
    0
    Flag
  • Cynthia M.
    "Very unfriendly neighborhood cause traffic problems by stopping their cars in the middle of the street, very poorly educated people and lawsuits, so I tried to get out of here soon. It is definitely not a good area to live much less if you have children who go to school"
    8
    Flag
  • Mysteryinc2007
    " Family friendly area, park and library, well maintained. All around Nice area. My family has lived here for 5 years and we Love the area."
    2
    Flag
  • Arlette
    "too loud for independence day!! people will use illegal fireworks for 4th July... There is no Parking for visitors a lot of apartments on Greenwood Ave"
    1
    Flag
  • Dora G.
    "People walks theirs dogs with no leash and do not pick up after their dogs, I like the trash containers available to drop your dogs poop"
    1
    Flag
  • Medorystory
    "Safe neighborhood, groceries store nearby, farmers markets too. Safe to take walks during the evening time. Neighbors will alert you if they see something out of the ordinary "
    1
    Flag
  • Medorystory
    "Moved here a couple years ago, friendly peaceful neighborhood so far. Stores are nearby, mall is a few miles away as well. "
    0
    Flag
  • EM
    "No unleash dog park close in the city. There is no dog boarding facility close by. Many homes have beautiful dogs in the area, not the frightening kinds like pit bull "
    1
    Flag
  • Jean H.
    "I have lived in this neighborhood for 20 years and seen it approve in recent years. North Montebello is affordable, close to downtown and middle to upper class neighborhood. Most of my neighbors own their own businesses."
    0
    Flag
  • John C.
    "Local high school events like football games and yearly street carnival make this location special. "
    0
    Flag
  • A
    "Northern area of Montebello is safe enough. Parks are nice. Schools are not great. There are not a lot of activities for kids around except for the YMCA and a couple dance studios."
    0
    Flag
  • Ivyandroses1
    "There a lot of dogs on my block. Its safe to walk your dogs at any time of day, but the streets can get busy so be sure your dog doesn't run off. "
    0
    Flag
  • Lacoroner
    "Nothing. It is full of people that seldom interact, seldom consider their neighbors. The city council is embarrassingly ineffective and no one cares that effective representation will not exist until elections are done by district."
    1
    Flag
  • Stephanie W.
    "Good community and neighbors, very convenient to shopping around ，in night time have good view to see, I’m live in here 20 years"
    0
    Flag
  • Stephaniealva
    "love my neighbors everyone friendly and helps each other, quiet nice place to live and raise kids, good schools and great families"
    0
    Flag
  • Cindy c. A.
    "My neighborhood is amazing and friendly. They mind their business and talk to you. "
    0
    Flag
  • Leighplays123
    "i am not familiar with any events in my neighborhood. But the church i belong to does weekly bingo nights and regular fund raising events"
    0
    Flag

Market trends in Montebello

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
58
2MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
439 S Montebello Blvd, Montebello, CA
0.20
Multi-Family Home
$1,000,000
12/11/25
6
5
2,610
224 S Greenwood Ave, Montebello, CA
0.28
Multi-Family Home
$1,100,000
12/31/25
6
3
2,226
133 N 2nd St, Montebello, CA
0.44
Multi-Family Home
$1,550,000
09/30/25
10
5
4,145
416 W Cleveland Ave, Montebello, CA
0.41
Multi-Family Home
$840,000
07/16/26
3
3
2,263
128 N 1st St, Montebello, CA
0.50
Multi-Family Home
$1,400,000
10/22/25
9
8
4,549
312 N Poplar Ave, Montebello, CA
0.70
Multi-Family Home
$910,000
06/17/26
5
3
2,278
4739 Ivy St, Pico Rivera, CA
0.71
Multi-Family Home
$950,000
04/08/26
7
5
2,460
701 W Madison Ave, Montebello, CA
0.49
Multi-Family Home
$2,100,000
01/02/26
9
8
5,693
804 W Madison Ave, Montebello, CA
0.54
Multi-Family Home
$950,000
12/15/25
4
2
2,398

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
235 S 6th St, Montebello, CA 90640
0.05
$661,700
2
2
883
Off Market
256 S Montebello Blvd, Montebello, CA 90640
0.06
$544,900
2
2.5
1,249
Off Market
237 S 5th St, Montebello, CA 90640
0.10
$650,000
2
1
844
Recently Sold
801 Jade Pl, Montebello, CA 90640
0.12
$736,400
4
4
1,810
Off Market
405 S 6th St, Montebello, CA 90640
0.14
$1,452,200
8
4
3,630
Off Market
803 Jade Pl, Montebello, CA 90640
0.13
$690,700
3
3
1,793
Off Market
212 S Montebello Blvd, Montebello, CA 90640
0.11
$587,700
2
1.5
1,118
Off Market
236 S 5th St, Montebello, CA 90640
0.14
$729,700
2
1
1,044
Off Market
204 S Montebello Blvd, Montebello, CA 90640
0.12
$551,100
2
3
1,249
Off Market
833 Aloe Pl, Montebello, CA 90640
0.14
$689,600
4
4
1,770
Off Market
415 S 6th St, Montebello, CA 90640
0.16
$1,199,000
8
4
4
For Sale

LGBTQ Local Legal Protections

Pat Swanson, Pat Swanson
Agent Phone: (213) 864-2862
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-17 13:11:17 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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New Listings near 698 W Olympic Blvd

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698 W Olympic Blvd, Montebello, CA 90640 is a 6 bedroom, 6 bathroom, 2,304 sqft multi-family built in 1915. This property is currently available for sale and was listed by CRMLS on Sep 17, 2026. The MLS # for this home is MLS# OC26203738.