$2,120,000

616 Via Altamira, Montebello, CA 90640

5,986 sqft

other
Built in 1963
9,148sqft lot
—— car garage
$354/sqft
Listed 25 days ago

Property Description

We are pleased to present for sale a well-maintained 6-unit multifamily investment property located in the desirable North Montebello area, bordering Monterey Park. This property offers an excellent unit mix, featuring mostly 3-bedroom units, and is professionally managed for ease of ownership. The building features secured entry, gated parking, and an on-site laundry room for tenant convenience. Each unit is separately metered for gas and electricity, and most units enjoy pleasant city or hillside views. Recent upgrades include a new 100-gallon central water heater. Ideally situated near the 60, 710, and 5 freeways, the property offers excellent accessibility to major employment and retail centers. The neighborhood is considered "Very Walkable" with a 71 Walk Score, providing easy access to nearby shops, restaurants, and services. This property is only subject to the Statewide AB 1482 Rent Ordinance and not subject to local rent control, allowing for greater flexibility in rent adjustments. ***CHECK OUT THE PROPERTY VIDEO***

Listing Status:: Active
Date Added:: November 10, 2025 at 06:00AM
Listing Office:: Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:: Shant Sherbetdjian : 626-657-8150
MLS ID:: CL25616493

Laundry: Laundry Room
Heating: Other

Parking: Covered

Originating MLS: CRMLS
County: Los Angeles

Zoning: MNR35268005009

Source: CRMLS

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

Wilcox Elementary

816 Donna Way, Montebello, CA, 90640

Grades KG-5

0.40 miles away

Montebello Community Day

123 S Montebello Blvd, Montebello, CA, 90640

Grades 7-12

0.65 miles away

Schurr High School

820 N Wilcox Ave, Montebello, CA, 90640

Grades 9-12

0.49 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.