Montebello Town-Homes For
500 S SIXTH ST Montebello, CA 90640
500 S SIXTH ST, Montebello, CA, 90640
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For Sale
Contact for pricing
Eleven two-bedroom town-homes available in Montebello, California.
Property Size10,556 SF
Price / SF$249.91
Days on Market60
Property Features for 500 S SIXTH ST
General Information
- Standard status
- Active
- Size
- 10,556 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing Agency
RE/MAX Commercial & Investment Realty
(213) 817-1000
Listed by
Shant Sherbetdjian · License #CA 1713570
Source
Crexi
Added: May 18 Checked: Jul 16 at 10:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Commercial & Investment Realty
Investment Insights
Based on property information with market context.
This property features eleven two-bedroom town-homes located in Montebello, California. The total property size encompasses 10,556 square feet.
Key Highlights
- Eleven 2‑bedroom townhomes offer investment potential.
- Townhome style provides a desirable living arrangement.
- Location in Montebello may be attractive to buyers.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $335.7k | $31.80 |
| − Vacancy | −$26.9k | −$2.54 |
| EGI | $308.8k | $29.26 |
| − OpEx | −$139.0k | −$13.17 |
| NOI | $169.9k | $16.09 |
10,556 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.43M
$2.12M – $2.83M
NOI $169,854 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.65M
$4.95M – $6.59M
NOI $395,615 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eleven two-bedroom town-homes available in Montebello, California.
Where is this apartment building located?
The property is located at 500 S SIXTH ST Montebello, CA.
What is the asking price?
The asking price for this property is $2,638,000.
What are key features of this property?
This property features: Eleven 2‑bedroom townhomes offer investment potential.; Townhome style provides a desirable living arrangement.; Location in Montebello may be attractive to buyers.
