$2,900,000

500 S 6th Street, Montebello, CA 90640

  • 22 beds |
  • 22 baths |
  • 10,556 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $275/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

We are pleased to present for sale Property 1 of 6 within a newly launched 47-unit multifamily portfolio. This well-positioned multifamily asset features 11 spacious two-story, townhome-style units, each offering 2 bedrooms and 1.5 bathrooms, an attractive layout that continues to appeal to long-term tenants. Situated on a prominent corner location, the property benefits from strong street presence and visibility, and it is being offered for the first time in 13 years, presenting a rare opportunity in a tightly held submarket. The all-electric building sits on a large 16,417 square foot lot, providing operational efficiency along with long-term upside potential. With solid in-place income and approximately 39% rental upside, investors have a clear value-add opportunity through strategic rent increases. Additional features include on-site parking, secured entry, private outdoor spaces in select units, and an on-site laundry facility generating supplemental income. The property also offers convenient access to the 60, 605, 710, and 5 freeways, enhancing its appeal to commuters. Subject only to AB 1482 and not local rent control, this asset provides a favorable regulatory environment, making it a strong opportunity to acquire a stable, income-producing property with meaningful upside. As part of a six-property, 47-unit portfolio, investors also have the flexibility to purchase individually or as part of a larger investment strategy. Properties do not have to be sold together. ** Check out the property video link.

Listing Status:
Active
Date Added:
April 13, 2026
Data Last Updated:
April 17, 2026 at 7:16AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Shant Sherbetdjian : 626-657-8150
MLS ID:
26698721
  • Laundry: See Remarks
  • Parking: CarportUncoveredParking spaces: 11
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: MNR3YY6349022045
  • Source: CRMLS_CL

This listing courtesy of Shant Sherbetdjian , Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Greenwood Elementary

900 S Greenwood Ave, Montebello, CA, 90640

Grades KG-5

0.67 miles away

M

Montebello Intermediate

1600 W Whittier Blvd, Montebello, CA, 90640

Grades 6-8

0.81 miles away

A

Applied Technology Center

1200 W Mines Ave, Montebello, CA, 90640

Grades 9-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.