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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

Estimated Arrivva buyer rebate$60,000 to $95,000

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.

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$3,488,888
6 Days On Site

1244 S Spruce Street
Montebello, CA 90640

For Sale|Residential Income|Active
23
Beds
11
Total Baths
8,990
SqFt
$388
/SqFt
1962
Built
County:
Los Angeles
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
1244 S Spruce Street1244 S Spruce Street1244 S Spruce Street1244 S Spruce Street
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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.

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Listing Snapshot
Price 
$3,488,888
Days On Site 
6 Days
Bedrooms 
23
Inside Area (SqFt) 
8,990 sqft
Total Baths 
11
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3181 Acres
Year Built 
1962
MLS® Number 
26998007
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.3181
Direction Faces 
West
Levels 
Two
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
11
Special Circumstances 
Standard
SqFt Total 
8990
Zoning 
MNR3YY
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Exterior Features
Pool Features 
None
Spa Features 
None
Community Features
MLS Area 
674 - Montebello
Listing courtesy of Shant Sherbetdjian of Remax Commercial and Investment Realty

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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*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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