500 S 6th Street, Montebello, California 90640

  • $2,900,000
500 S 6th Street, Montebello, CA 90640
Active
500 S 6th Street, Montebello, California 90640
500 S 6th Street, Montebello, CA 90640
  • $2,900,000

Description

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.

  • Address 500 S 6th Street
  • State/county CA
  • Zip/Postal Code 90640
  • Country US

Details

Updated on May 26, 2026 at 8:29 pm
  • Property ID: 26698721
  • Price: $2,900,000
  • Property Size: 10556 Sqft
  • Land Area: 0.3769 Acres
  • Bedrooms: 22
  • Bathrooms: 22
  • Year Built: 1962
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Carport, Uncovered

Contact Information

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Hoyt Hochman

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