Properties

Montebello, CA 90640 500 S 6th Street

500 S 6th Street Montebello, CA - Image 1500 S 6th Street Montebello, CA - Image 2500 S 6th Street Montebello, CA - Image 3
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Presented By: Shant Sherbetdjian with Remax Commercial and Investment Realty;
  • MLS# 26698721
  • 04/13/2026
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  • Beds • 22
  • Baths • 11
  • SQFT • 10,556

Home Details

We are pleased to present for sale Property 1 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.
Presented By: Shant Sherbetdjian with Remax Commercial and Investment Realty;

Interior Features for 500 S 6th Street

Bedrooms

Total Bedrooms22

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths22

Other Interior Features

Laundry FeaturesSee Remarks
Total Stories2

General for 500 S 6th Street

Cap Rate5.35
Carport Spaces7
Carport Y/NYes
CityMontebello
CountyLos Angeles
DirectionsSituated on South 6th Street between West Walnut Avenue and West Mines Avenue. The nearest major intersection is South Montebello Boulevard and Washington Boulevard.
Full Baths
Gross Income240000
HOANo
LevelsTwo
Living Area10556
Lot Size Square Feet16418
Lot Size UnitsSquare Feet
MLS Area674 - Montebello
Net Operating Income155119
New ConstructionNo
Number Of Units Total11
Occupancy TypeTenant
Open Parking Spaces4
PostalCityMONTEBELLO
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1962
ZoningMNR3YY

Exterior for 500 S 6th Street

Building Area Total10556
Lot Size Acres0.3769
Lot Size Area16418
Number of Buildings1
Parking FeaturesCarport, Uncovered
Total Parking11

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,900,000
MLS#26698721
List Date 04/13/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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