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Off market
  • $1,220,000

    517 S 6th St, Montebello, CA 90640

    8beds
    4baths
    3,248sqft
    MultiFamily
    Built in 1959
    -- sqft lot
    $1,220,000 Zestimate®
    $376/sqft
    $2,776 Estimated rent

    Home value

    $1,220,000

    $1.15M - $1.31M

    $2,776/mo

    Zestimate® history
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    $2,776/mo

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    $2,776/mo

    Rent Zestimate®

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    $7,704/mo

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    $7,704/mo

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    What's special

    Great opportunity

    We are pleased to present another great opportunity, a 4 unit income producing property with an excellent unit mix consisting of 2 bedroom + 1 bathroom units. This hard to find and equally impressive property is situated in an attractive Montebello location with low vacancy rental history. It is the first time this property is being offered for sale in over 20 years! Opportunity for growth with realistic rental upside potential of +/- 37%. Many recent capital improvements include newer windows, kitchen, hardwood floors, doors and more. A fully occupied and very well maintained investment that qualifies for 30 year fixed financing. Property consists of garage parking for all units with, separately metered for gas/ electricity and have separate water heaters for each unit. Tenants enjoy the ease and comfort of laundry hookups in each unit. The property provides access to many shopping centers, super markets, banks, entertainment and public transportation off of Montebello Blvd and Greenwood Avenue.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Cooling
    • Central
    Interior area
    • Total interior livable area: 3,248 sqft

    Property

    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: 6349032017

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1959

    Community & neighborhood

    Location
    • Region: Montebello

    Price history

    DateEventPrice
    10/22/2021Listing removed--
    Source: RE/MAX International Report a problem
    7/15/2021Sold$1,100,000-4.3%$339/sqft
    Source: CLAW #21742848 Report a problem
    6/16/2021Pending sale$1,150,000$354/sqft
    Source: RE/MAX International #21-742848 Report a problem
    6/10/2021Contingent$1,150,000$354/sqft
    Source: CRMLS #21742848 Report a problem
    6/10/2021Listed for sale$1,150,000+204.6%$354/sqft
    Source: RE/MAX International #21-742848 Report a problem
    12/1/2003Sold$377,500+39.8%$116/sqft
    Source: Public Record Report a problem
    8/10/2001Sold$270,000-2.7%$83/sqft
    Source: Public Record Report a problem
    9/16/1998Sold$277,500+1049.7%$85/sqft
    Source: Public Record Report a problem
    10/31/1994Sold$24,136$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,581 +1.4%$1,167,327 +2%
    2024$16,353 +0.1%$1,144,440 +2%
    2023$16,338 +3.4%$1,122,000 +2%
    2022$15,794 +172.9%$1,100,000 +198.5%
    2021$5,787 +0.8%$368,479 +1%
    2020$5,743 $364,701 +2%
    2019$5,743 +2.9%$357,551 +2%
    2018$5,583 $350,541 +2%
    2017$5,583 +2.3%$343,669 +2%
    2016$5,460 +2.7%$336,931 +1.5%
    2015$5,314 +6.7%$331,871 +2%
    2014$4,981 $325,372 +2.5%
    2012-- $317,553 +2%
    2011-- $311,327 +0.8%
    2010-- $309,001 -0.2%
    2009-- $309,736 +2%
    2008-- $303,663 +2%
    2007-- $297,709 +2%
    2006-- $291,873
    2005-- $291,873 +4%
    2004-- $280,541 +1.9%
    2003-- $275,400 +2%
    2002-- $270,000 +5.5%
    2000-- $256,000

    Find assessor info on the county website

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,220,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,220,000