Active

500 S 6th Street

Montebello, CA 90640
Mark as Favorite
Bed 22

Bed

Bath 0

Bath

SqFt10,556

Sqft

SqFt16,418

Sqft(Lot)

We are pleased to present for sale Property 4 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 re nt 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,900,000

AD Id : 77024615

MLS Id : 26698721

Beds : 22

Lot Size : 16,418 Sqft

Living Area Size : 10,556

Year Built : 1962

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 22

    Bathroom Information

    Total Baths: 22 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1962 Building Area Total: 10,556
  • Laundry Features

    See Remarks

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3769
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 16418

  • Listing Price Information

    Original List Price: 2,900,000 Listing Contract Date: 2026-04-13
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6349022045

  • Garage and Parking

    Garage Description: Carport,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 674 - Montebello Directions: Situated on South 6th Street between West Walnut Avenue and West Mines Avenue. The nearest major intersection is South Montebello Boulevard and Washington Boulevard. Zoning: MNR3YY Source Property Type: Residential Income Area: 674 - Montebello
  • Building and Construction

    Property Age: 64 Year Built Source: Vendor Enhanced Total Square Feet Living: 10556 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1636 Hanging Rock, Montebello, CA, 90640 $988,000 5 2 1,824 1,824 SqFt
752 -754 Rio Del Sol Av.., Montebello, CA, 90640 $1,480,000 -- -- 2,525 2,525 SqFt
752 Rio Del Sol Avenue, Montebello, CA, 90640 $1,480,000 7 4 2,525 2,525 SqFt
904 N Azalea Drive, Montebello, CA, 90640 $849,900 3 2 1,434 1,434 SqFt
1958 Hollyleaf Terrace, Montebello, CA, 90640 $988,000 3 2 1,726 1,726 SqFt
888 Poppy Ct, Montebello, CA, 90640 $924,900 3 1 1,726 1,726 SqFt
1135 Poppy Court, Montebello, CA, 90640 $2,080,000 5 5 2,975 2,975 SqFt
704 Katherine, Montebello, CA, 90640 $1,348,000 4 3 2,637 2,637 SqFt
265 Orchid Court, Montebello, CA, 90640 $3,580,000 7 6 4,335 4,335 SqFt
801 N 2nd, Montebello, CA, 90640 $889,000 4 2 1,524 1,524 SqFt

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ByOwner last updated this listing 06/14/2026 @ 15:23

MLS: 26698721 LISTED BY: Shant Sherbetdjian, Remax Commercial and Investment Realty 213-817-1000 SOURCE: CRMLS

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