Property search · The Consumer Protection Brokerage
Every listing shows your estimated rebate.
The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.
At a glance
1244 S Spruce Street, Montebello, CA, 90640
$3,488,888·11 bd·CLAW #26998007
Every completed rebate is published: see all 255 closings.
Listing data from CLAW. Listing courtesy of Shant Sherbetdjian of Remax Commercial and Investment Realty. Rebate estimate calculated by Arrivva.
How the rebate is calculated
- Buyer-broker fee at 2%
- $69,778
- Buyer-broker fee at 3%
- $104,667
- Arrivva flat fee
- - $9,750
- Estimated rebate range
- $60,000 to $95,000
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies. How the rebate works
1244 S Spruce StreetMontebello, CA 90640




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.
| 6 days ago | Listing updated with changes from the MLS® | |
| 6 days ago | Listing first seen on site |
Based on information from the The MLS as of 2026-10-13 10:29 PM UTC. 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.
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
Questions about this listing
- How much could a buyer get back on 1244 S Spruce Street, Montebello, CA, 90640?
- Arrivva estimates a buyer rebate of $60,000 to $95,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
- Who is the listing brokerage for 1244 S Spruce Street, Montebello, CA, 90640?
- Listing courtesy of Shant Sherbetdjian of Remax Commercial and Investment Realty, per CLAW listing #26998007. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
- How do I schedule a tour of 1244 S Spruce Street, Montebello, CA, 90640?
- Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk
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