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Property profile & analytics
FOR SALE
Apartment buildings
500 S 6Th St Montebello, CA 90640
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7867054
For Sale
1 / 22
$2,638,000
500 S 6Th St, Montebello, CA 90640
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
10,556 SF
Lot
0.38 ac (16,413 SF)
Zoning code
MNR3YY
APN
6349-022-045
UPID
US09-7867054
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
500 S 6th Street Apt LLC · 2 yrs held
500 S 6th Street Apt LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
MNR3YY · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montebello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montebello submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,275,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.51M (Oct 16 2023)
Last sale anchor
$1.51M
Oct 16 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$134 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,413
Tax year 2024
Assessed value
$1,816,949
Assessed 2024
Previous assessed
$1,816,949
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$488,944
Assessed improvement
$1,328,005
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
11
Bathrooms
22
Total area
10,556 SF
Lot
0.38 ac (16,413 SF)
Zoning code
MNR3YY
APN
6349-022-045
UPID
US09-7867054
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNR3YY · Montebello, CA
Zoning MNR3YY · permitted uses
MNR3YY · Montebello, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montebello. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
11
Bathrooms
22
Lot
0.38 ac
Current owner
From public records · entity-resolved
500 S 6th Street Apt LLC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
—
500 S 6th Street Apt LLC
Michele Ann Martin Dichosa
Intrafamily Transfer
related
$1,358,000 · Cbre Capital Markets INC
Nov 10, 2022
—
Michele Ann Martin Dichosa
Michele Ann Martin Dichosa
Intrafamily Transfer
related
—
Dec 16, 2021
—
Fausto L Martin
Veronica Ismael Martin
Affidavit Death Of Trustee/successor Trustee
related
—
Sep 11, 2018
—
Fausto L Martin
Fausto L Martin
Intrafamily Transfer
related
$1,000,000 · Oneunited Bank
Sep 19, 2012
—
David S Kasai
Kasai,sherri
Quit Claim Deed
related
—
Sep 19, 2012
$1,505,000
Fausto L Martin
David S Kasai
Grant Deed
$1,100,000 · Jpmorgan Chase Bank NA
Jun 21, 2010
—
Kasai Linda Trust
Kasai,linda
Quit Claim Deed
related
—
Dec 10, 1998
$52,500
David S Kasai
Kasai,hideo & Etsuko
Grant Deed
related
—
Sep 22, 1998
$525,000
Hideo Kasai
Chang,eric H & Amy W
Grant Deed
$393,750 · United Commercial Bank
Dec 20, 1993
$350,000
Fidelity Federal Bank
Montano,robert
Trustees Deed
related
—
Nov 28, 1990
$820,000
Montano Robert
Downstream Excha
Trustees Deed
$615,000 · Fidelity Federal Bank
—
—
Eric H Chang
—
Deed Of Trust
related
$295,000 · Home Savings Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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