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    601 North Garfield Ave Montebello, CA 90640

    For Sale
    $1,750,000

    Commercial/Residential - Montebello, CA

    Property size:
    6,066 SF
    Lot size:
    7,295.00 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 601 North Garfield Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    8
    APN
    5267031010
    Parking
    6
    Exterior features
    Community Features Included: Sidewalks, Storm Drains, Street Lights, Corner Lot, Front Yard, Lot 6500-9999
    Size
    6,066 SF
    Lot size
    7,295.00 Acres

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    7
    Architectural style
    Other

    First Team Real Estate (888) 236-1943 [email protected]

    Listing agent Craig Marson (562) 596-9911 License #01210177

    Listing date Sep 23, 2025

    MLS# DW25224030 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment Opportunity in Montebello

    Located at 601 N Garfield Avenue in Montebello, CA, this multifamily property presents an investment opportunity with six income-producing units and an additional unpermitted studio. The property includes two separate buildings. There are four two-bedroom units with 1.5 baths each, and two one-bedroom/one-bath units, plus the bonus studio. Situated on a corner lot, the property provides six covered parking spaces in a rear alley carport. The units appear to be in good condition. Current rents are below market, suggesting potential for increased income as units turn over. Residents benefit from the property's location near shopping, restaurants, public transportation, and freeway access. Downtown Los Angeles is within a short driving distance. The property occupies a lot of approximately 0.167 acres and the building size is 6,066 square feet. Disclaimer: Buyer to verify unit count, permits, and all property details. The 7th unit is the non-permitted Studio unit. Property to be sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United Insurance Partners Insurance Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montebello
    County
    Los Angeles
    State
    California
    Longitude
    -118.1316875
    Latitude
    34.0251373

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    FAQs

    What type of property is this?
    Apartment building - Six units plus unpermitted studio on a corner lot.
    Where is this apartment building located?
    The property is located at 601 North Garfield Ave Montebello, CA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Six income-producing units plus an additional unpermitted studio offer immediate cash flow and potential for increased rental income.; - Below-market rents provide significant upside potential as units turn over.; - Desirable corner lot location offers convenient access to shopping, restaurants, public transportation, and freeways.
    (562) 596-9911
    Request Owner's contact information
    601 North Garfield Ave Montebello, CA 90640
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    Montebello, CA 90640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 North Garfield Ave Montebello, CA 90640
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