$2,900,000
500 S 6th Street, Montebello CA 90640
Multi-Family (11 Units)
Property type
53 days
On market
$275
Price per sqft
N/A
Garage
1962
Year built
16,418 sqft
Lot size
Open Houses
Overview
We are pleased to present for sale Property 4 of 6 within a newly launched 47-unit multifamily portfolio. This well-positioned multifamily asset features 11 spacious two-story, townhome-style units, each offering 2 bedrooms and 1.5 bathrooms, an attractive layout that continues to appeal to long-term tenants. Situated on a prominent corner location, the property benefits from...
Listing provided by: Shant Sherbetdjian DRE #01713570 626-657-8150, Remax Commercial and Investment Realty
Listing updated: May 26, 2026 at 08:29pm.
Last checked: Jun 4, 2026 at 08:01pm
Source: CRMLS #26698721
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 2 | 1 | — | $1,650 | $19,800 | $25,850 | Unfurnished |
# of Buildings: 1
# of Units Total: 11
Financial Snapshot
Gross Rent Multiplier
12.1x
List Price / Annual Gross Rent
Cap Rate
5.35%
NOI / List Price
Vacancy Allowance: $7,200
Vacancy Allowance Rate: 3%
Net Operating Income: $155,119
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Carport, Uncovered
Uncovered Spaces: 4
Carport Spaces: 7
Parking Total: 11
Lot Information
Land Lease: No
Parcel #: 6349022045
Zoning: MNR3YY
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 500 S 6th Street, Montebello, CA 90640. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,320,000
Total Interest
$2,959,032
Total Payment
$5,279,032
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,835
per month
Property History for 500 S 6th Street
Montebello Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90640.
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