500 S 6th Street, Montebello, CA 90640

Montebello
Local realty services provided by:ERA North Orange County Real Estate
500 S 6th Street,Montebello, CA 90640
$2,638,000
  • 22 Beds
  • 22 Baths
  • 10,556 sq. ft.
  • Multi-family
  • Active
Listed by: shant sherbetdjian
Office: remax commercial and investment realty213-817-1000
MLS#:26698721
Source:CRMLS

Price summary

  • Price:$2,638,000
  • Price per sq. ft.:$249.91

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:124 day(s) ago
  • Updated:August 16, 2026 at 01:18 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:22
  • Living area:10,556 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:10,556 sq. ft.
  • Lot area:0.38 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,638,000
  • Price per sq. ft.:$249.91

Parking

  • Total parking spaces:11
  • Parking description:7 Carport Space(s), Carport, Uncovered
  • Carport spaces:7
Based on information from California Regional Multiple Listing Service, Inc. as of August 16, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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