# 1244 S Spruce St, Montebello, CA 90640

> **TL;DR:** 23bd/11ba residential multi family, $3,488,888 ($388/sqft), built 1962, 8,990 sqft. Est. $18,660/mo. Listed 21 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,488,888 |
| Price/sqft | $388 |
| Bedrooms | 23 |
| Bathrooms | 2 full |
| Square Feet | 8,990 |
| Year Built | 1962 |
| Lot Size | 13,856 sqft (0.32 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 21 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $17,642 |
| Estimated Insurance | $1,018 |
| **Total** | **$18,660** |

## Property Highlights

- Built in 1962
- 0.32 acre lot
- 2 stories
- 11 parking spaces

## Description

### Agent Description
First time being offered for sale in 28 years (nearly three decades), this property presents an excellent opportunity to acquire a well-maintained multifamily investment with an attractive unit mix consisting primarily of spacious two-bedroom units, along with a three-bedroom unit, averaging nearly 800 square feet each. The property offers attractive cash flow with a 6.21% cap rate and a 10.22 GRM based on current rents which include additional income generated from the on-site laundry facilities. Recent improvements include a newly painted exterior, adding to the property's overall appeal. This is an excellent opportunity for a 1031 exchange up-leg or as an addition to an existing investment portfolio. Conveniently located within a short distance of the 5, 605, 60, and 710 freeways, the property provides easy access to major transportation routes. The property is not subject to any local rent control and is only subject to California's statewide AB 1482 rent regulations.

## Location

- **Address:** 1244 S Spruce St, Montebello, CA 90640
- **County:** Los Angeles
- **Coordinates:** 33.988807, -118.120649
- **Google Maps:** https://www.google.com/maps?q=33.988807,-118.120649

## Listing Agent

- **Name:** Shant Sherbetdjian · **License:** 01713570
- **Brokerage:** RE/MAX Commercial & Investment
- **Broker Phone:** (310) 802-2500
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1244-S-Spruce-St_Montebello_CA_90640_M11191-29348?f=listhub&s=CLAWCA&m=26998007&c=propsimple)

## Photos

![1244 S Spruce St - Photo 1](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4187817640r.jpg)

![1244 S Spruce St - Photo 2](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f732849677r.jpg)

![1244 S Spruce St - Photo 3](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f381172736r.jpg)

![1244 S Spruce St - Photo 4](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4104491511r.jpg)

![1244 S Spruce St - Photo 5](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4111091730r.jpg)

![1244 S Spruce St - Photo 6](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4075171746r.jpg)

![1244 S Spruce St - Photo 7](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f677605157r.jpg)

![1244 S Spruce St - Photo 8](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4208875391r.jpg)

![1244 S Spruce St - Photo 9](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f199220009r.jpg)

![1244 S Spruce St - Photo 10](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f1672789959r.jpg)

![1244 S Spruce St - Photo 11](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f1149730206r.jpg)

![1244 S Spruce St - Photo 12](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4123343r.jpg)

![1244 S Spruce St - Photo 13](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f1230011077r.jpg)

![1244 S Spruce St - Photo 14](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f4079250544r.jpg)

![1244 S Spruce St - Photo 15](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f866170081r.jpg)

![1244 S Spruce St - Photo 16](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f2839076206r.jpg)

![1244 S Spruce St - Photo 17](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f204016340r.jpg)

![1244 S Spruce St - Photo 18](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f955926799r.jpg)

![1244 S Spruce St - Photo 19](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f2307711768r.jpg)

![1244 S Spruce St - Photo 20](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f3106198865r.jpg)

![1244 S Spruce St - Photo 21](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f846433535r.jpg)

![1244 S Spruce St - Photo 22](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f555636174r.jpg)

![1244 S Spruce St - Photo 23](http://lh.rdcpix.com/d233ca859ae583ff912c29efc65b2aefl-f210959626r.jpg)

---

**MLS#:** 26998007 | **Updated:** 2026-10-24
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1244-s-spruce-st-montebello-ca-90640-b6fedc3342eb458c81d6b26f1d13054d)

---

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