500 S 6th Street, Montebello, CA 90640
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
500 S 6th Street,Montebello, CA 90640
$2,900,000
- 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:$2,900,000
- Price per sq. ft.:$274.73
About this home
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 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....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:26698721
- Added:10 day(s) ago
- Updated:April 24, 2026 at 10:26 AM
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:$2,900,000
- Price per sq. ft.:$274.73
Parking
- Total parking spaces:11
- Parking description:7 Carport Space(s), Carport, Uncovered
- Carport spaces:7
New listings near 500 S 6th Street
- New
$129,990Active1 beds 1 baths1428 Beach St #24, Montebello, CA 90640
MLS# DW26088589Listed by: SOCAL 5 REAL ESTATE - New
$620,000Active3 beds 2 baths1,339 sq. ft.1704 Mountain Terrace Lane, Montebello, CA 90640
MLS# SR26088683Listed by: CENTURY 21 MASTERS - Coming Soon
$685,000Coming Soon2 beds 1 baths409 Brady, Montebello, CA 90640
MLS# DW26088445Listed by: ASSURANT PROPERTIES - New
$988,888Active4 beds 2 baths3613 Via Campo, Montebello, CA 90640
MLS# WS26087807Listed by: HAPPY HOME REALTY, INC - Open Sat, 1 to 4pmNew
$675,000Active3 beds 2 baths1,301 sq. ft.828 Tola, Montebello, CA 90640
MLS# IG26082632Listed by: REALTY ONE GROUP WEST - New
$1,300,000Active4 beds 3 baths2,923 sq. ft.321 N 18th, Montebello, CA 90640
MLS# DW26085489Listed by: CENTURY 21 ALLSTARS - New
$2,000,000Active5 beds 5 baths2,950 sq. ft.438 Sycamore Dr., Montebello, CA 90640
MLS# TR26086176Listed by: PACIFIC STERLING REALTY - New
$2,150,000Active16 beds 8 baths7,559 sq. ft.328 N 2nd Street, Montebello, CA 90640
MLS# 26748163Listed by: REMAX COMMERCIAL AND INVESTMENT REALTY - New
$798,000Active3 beds 1 baths1,004 sq. ft.468 Via Vista, Montebello, CA 90640
MLS# PW26085585Listed by: HOMESMART REALTY GROUP - New
$1,461,000Active3 beds 3 baths2,855 sq. ft.258 Sage Way, Montebello, CA 90640
MLS# OC26084910Listed by: TOLL BROTHERS REAL ESTATE, INC