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    Two-Story Townhome-Style Multifamily
    Updated: Apr 13
    Two-Story Townhome-Style Multifamily

    500 S 6th St, Montebello, CA 90640

    $2,638,000
    10,556 sqft 0.38 AC lot
    Property 4 of 6 within a newly launched 47‑unit multifamily portfolio (properties sold individually or together).
    11 two‑story townhome‑style units; each unit offers 2 bedrooms and 1.5 bathrooms.
    All‑electric building on a 16,417 SF lot; Year Built: 1962.
    Currently producing a 5.93% cap rate and 11.10 GRM on current rents.
    Secured entry with on‑site parking (covered + carport) and an on‑site laundry facility.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    500 S 6th St, Montebello, CA 90640

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $170K
      Annual

    • Mortgage

      $1.36M
      Oct 2023

    • Last Sold

      Oct 2023
      $1.51M

    • Property Type

      Apartment House
      Built 1962
    View Property Analytics
    Multi-Family Property in Montebello, CA
    Updated: Apr 21
    Multi-Family Property in Montebello, CA

    328 N 2nd St, Montebello, CA 90640

    $2,150,000
    7,559 sqft 0.33 AC lot
    Significant value‑add potential with projected 75% rental upside.
    Rare opportunity to acquire a generational asset in a highly desirable North Montebello location.
    Minimal rent control constraints (subject only to AB 1482).
    Spacious 2‑bedroom, 1‑bathroom units averaging nearly 900 square feet.
    Each unit includes garage parking, laundry hookups, and private rear entrances.
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    Montebello Multifamily Investment Opportunity
    Montebello Multifamily Investment Opportunity

    125 N 4th St, Montebello, CA 90640

    $1,395,000
    2,674 sqft 0.14 AC lot

    North Montebello property with upside potential and convenient location.

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    North Montebello Multifamily Investment
    North Montebello Multifamily Investment

    328 N SECOND ST, Montebello, CA 90640

    $2,150,000
    7,559 sqft

    Eight premium units in North Montebello.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multi-Family Apartment Building
    Multi-Family Apartment Building

    834 S Greenwood Avenue, Montebello, CA 90640

    Contact for pricing
    800 sqft 0.24 AC lot

    For sale multifamily apartment building on Greenwood Avenue with MNR3YY zoning in Montebello, CA.

    View details
    Montebello Town-Homes For Sale
    Montebello Town-Homes For Sale

    500 S SIXTH ST, Montebello, CA 90640

    $2,638,000
    10,556 sqft

    Eleven two-bedroom town-homes available in Montebello, California.

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    North Montebello Multifamily Property
    North Montebello Multifamily Property

    125 North 4th Street, Montebello, CA 90640

    $1,395,000
    2,674 sqft

    Five-unit multifamily property located in North Montebello.

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    Montebello Multifamily Property For Sale
    Montebello Multifamily Property For Sale

    509 - 523 N. 3rd St. |, Montebello, CA 90640

    Contact for pricing
    11,923 sqft 0.37 AC lot

    12-unit multifamily property with vacant land in Montebello, CA.

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    Montebello Multifamily Investment Opportunity
    Montebello Multifamily Investment Opportunity

    620 N Wilcox Ave, Montebello, CA 90640

    $5,198,000
    18,436 sqft

    Rare 17-unit property in a desirable, low-vacancy area.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Montebello, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Unit Apartment Building
    12-Unit Apartment Building

    5913 Greenwood Ave, Commerce, CA 90040

    $2,700,000
    10,767 sqft 0.26 AC lot

    Well-kept 12-unit apartment building with 2-bedroom, 1-bath layouts and separate gas and electric metering.

    View details
    City of Commerce Apartment Building
    City of Commerce Apartment Building

    5913 GREENWOOD AVE, Commerce, CA 90040

    $2,700,000
    10,767 sqft

    12-unit apartment building in the City of Commerce.

    View details
    East Los Angeles Multifamily Property
    East Los Angeles Multifamily Property

    830 S Record Ave, Los Angeles, CA 90023

    $828,800
    785 sqft

    Multifamily property in East Los Angeles, first time on market since 1964.

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    Corner Lot Mixed-Use Income Property
    Corner Lot Mixed-Use Income Property

    4761 Hubbard, Los Angeles, CA 90022

    $1,200,000

    Twelve-unit mixed-use building on a corner parcel with a studio-heavy unit mix and 100% occupancy.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    Off-Market Properties in Montebello, CA

    Consider similar Off-Market properties in Montebello, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    524 Poplar Ave
    APARTMENT HOUSE (5+ UNITS)

    524 Poplar Ave, Montebello, CA 90640-3655

    $4,420,000
    Estimated value
    24,506 sqft 0.82 AC lot
    View details
    439 Montebello Blvd
    APARTMENT HOUSE (5+ UNITS)

    439 Montebello Blvd, Montebello, CA 90640-5140

    $875,000
    Estimated value
    2,610 sqft 0.21 AC lot
    View details
    1032 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    1032 Greenwood Ave, Montebello, CA 90640-6030

    Value Estimation by Request
    6,142 sqft 0.27 AC lot
    View details
    133 2nd St
    APARTMENT HOUSE (5+ UNITS)

    133 2nd St, Montebello, CA 90640-5359

    Value Estimation by Request
    4,145 sqft 0.14 AC lot
    View details
    1504 Beverly Blvd
    APARTMENT HOUSE (5+ UNITS)

    1504 Beverly Blvd, Montebello, CA 90640-3953

    $755,000
    Estimated value
    3,583 sqft 0.15 AC lot
    View details
    925 Carob Way
    APARTMENT HOUSE (5+ UNITS)

    925 Carob Way, Montebello, CA 90640-5825

    $1,555,000
    Estimated value
    8,798 sqft 0.31 AC lot
    View details
    137 3rd St
    APARTMENT HOUSE (5+ UNITS)

    137 3rd St, Montebello, CA 90640-5356

    Value Estimation by Request
    4,040 sqft 0.14 AC lot
    View details
    128 Poplar Ave
    APARTMENT HOUSE (5+ UNITS)

    128 Poplar Ave, Montebello, CA 90640-4839

    $5,050,000
    Estimated value
    11,101 sqft 0.62 AC lot
    View details
    116 Poplar Ave
    APARTMENT HOUSE (5+ UNITS)

    116 Poplar Ave, Montebello, CA 90640-4862

    $5,045,000
    Estimated value
    22,538 sqft 0.75 AC lot
    View details
    112 Spruce St
    APARTMENT HOUSE (5+ UNITS)

    112 Spruce St, Montebello, CA 90640-4758

    Value Estimation by Request
    10,029 sqft 0.31 AC lot
    View details
    233 7th St
    APARTMENT HOUSE (5+ UNITS)

    233 7th St, Montebello, CA 90640-4846

    $1,790,000
    Estimated value
    5,408 sqft 0.18 AC lot
    View details
    804 Garfield Ave
    APARTMENT HOUSE (5+ UNITS)

    804 Garfield Ave, Montebello, CA 90640-1675

    $4,260,000
    Estimated value
    27,892 sqft 0.79 AC lot
    View details
    429 6th St
    APARTMENT HOUSE (5+ UNITS)

    429 6th St, Montebello, CA 90640-5677

    Value Estimation by Request
    3,325 sqft 0.21 AC lot
    View details
    424 Lohart Ave
    APARTMENT HOUSE (5+ UNITS)

    424 Lohart Ave, Montebello, CA 90640-5659

    $1,480,000
    Estimated value
    4,578 sqft 0.21 AC lot
    View details
    505 19th St
    APARTMENT HOUSE (5+ UNITS)

    505 19th St, Montebello, CA 90640-3130

    $1,380,000
    Estimated value
    3,840 sqft 0.34 AC lot
    View details

    Montebello, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Montebello, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 60,014 square feet of properties for sale, with an estimated market value of $17,564,000.

    Sale prices for two-family homes in Montebello, CA start at $1,395,000, averaging $2,509,142, and reaching up to $5,198,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 62K
    Population Growth (5Y) -2.5%
    Median Household Income $74,833
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Montebello submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    90640 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.46%
    Property Tax per SF $13.05 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

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    Residential Income

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