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    Montebello, CA Residential Income Properties for Sale

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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.
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    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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    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 Four-Unit Multifamily Property
    Montebello Four-Unit Multifamily Property

    2120 W Victoria Avenue, Montebello, CA 90640

    $1,598,000
    3,913 sqft

    Rare opportunity for owner-users and investors in Montebello.

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    Remodeled Dual-Unit Duplex with ADU
    Remodeled Dual-Unit Duplex with ADU

    752 -754 Rio Del Sol Ave, Montebello, CA 90640

    $1,480,000
    0.21 AC lot

    Turnkey duplex with extensive remodels, a brand-new ADU, and separate utilities for flexible rental or multi-generational living.

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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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    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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    Turnkey Duplex with New ADU
    Turnkey Duplex with New ADU

    752--754 Rio Del Sol Avenue, Montebello, CA 90640

    $1,480,000
    9,000.00 AC lot

    Remodeled dual-unit property with a brand-new ADU and separate utilities for flexible rental or family use.

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    Montebello Triplex on Large Lot
    Montebello Triplex on Large Lot

    932 S Montebello Boulevard, Montebello, CA 90640

    $1,499,000
    3,102 sqft 0.35 AC lot

    Triplex with strong income potential on a large lot.

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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.

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    Well-Maintained 4-Unit Income Property
    Well-Maintained 4-Unit Income Property

    141 S 7th, Montebello, CA 90640

    $1,350,000

    A four-unit mix of 3-bedroom and 2-bedroom homes with gated access and shared amenities for flexible ownership use.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Montebello, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    Triplex with Dedicated Parking Yards
    Triplex with Dedicated Parking Yards

    752 Harding Ave, Los Angeles, CA 90022

    $975,000
    2,549 sqft 0.15 AC lot

    Three separate rental units with dedicated parking and private yard space, plus recent exterior and systems updates.

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    Residential Income Duplex
    Residential Income Duplex

    4018 Amistad Avenue, Pico Rivera, CA 90660

    $1,150,000
    0.49 AC lot

    For sale duplex-style residential income property on a 0.4872-acre lot in Pico Rivera, CA.

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    Mixed-Use Building in East Los Angeles
    Mixed-Use Building in East Los Angeles

    5724 E Beverly Blvd, Los Angeles, CA 90022

    $699,999

    Commercial/residential building with income potential in a vibrant Los Angeles neighborhood.

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    Pico Rivera Mixed-Use Property
    Pico Rivera Mixed-Use Property

    8317 Whittier, Pico Rivera, CA 90660

    $949,999

    Mixed-use property with commercial and residential units in Pico Rivera.

    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.

    Whittier Residential Land Opportunity
    Whittier Residential Land Opportunity

    13570 Turnbull Canyon Road, Whittier, CA 90601

    $200,000
    0.48 AC lot

    Vacant lot in established neighborhood, ideal for new construction.

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    City Terrace Buildable Land Opportunity
    City Terrace Buildable Land Opportunity

    Los Angeles, CA 90063

    $150,000
    0.19 AC lot

    Buildable lot in up-and-coming City Terrace neighborhood.

    View details
    Los Angeles Land For Sale
    Los Angeles Land For Sale

    1128 N Bonnie Beach Place, Los Angeles, CA 90063

    $84,999
    0.11 AC lot

    Raw land ready for development in Los Angeles, California.

    View details
    East Los Angeles Hillside View Property
    East Los Angeles Hillside View Property

    114 N Bonnie Beach Place, East Los Angeles, CA 90063

    $1,800,000
    0.83 AC lot

    Rare 36,290 sq. ft. hillside view property in East Los Angeles.

    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

    Montebello, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Montebello, CA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 71,039 square feet of properties for sale, with an estimated market value of $22,461,000.

    Sale prices for residential income properties in Montebello, CA start at $850,000, averaging $2,041,909, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 17
    Apartment buildings 9
    Quadplexes 5
    Duplexes 2
    Triplexes 1

    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 $1.8M

    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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    Office

    Residential Income

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