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500 S 6th Street, Montebello, CA 90640

Montebello
Local realty services provided by:CENTURY 21 Village Realty
500 S 6th Street,Montebello, CA 90640
$2,505,000
  • 22 Beds
  • 22 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: shant sherbetdjian
Office: remax commercial and investment realty213-817-1000
MLS#:26698721
Source:CRMLS

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Price summary

  • Price:$2,505,000

About this home

PRICE REDUCED $262,000 ! 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. Currently bringing in 5.93% Cap Rate and 11.10 GRM on Current Rents. 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...

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Home facts

  • Year built:1962
  • Listing ID #:26698721
  • Added:200 day(s) ago
  • Updated:October 31, 2026 at 06:48 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:22

Structure and exterior

  • Year built:1962
  • Levels:2 Story

Finances and disclosures

  • Price:$2,505,000

Parking

  • Total parking spaces:11
  • Parking description:7 Carport Space(s), Carport, Uncovered
  • Carport spaces:7
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Village Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Village Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Andy Bencosme

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