405 South 6th Street

Montebello, CA 90640

$1,499,000
Price
Beds
3,630 Sq. Ft.
$413 / Sq. Ft.
3,630
Sq. Ft.
$413
per Sq. Ft.

Description

This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional...This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity
  1. Listed by Vicken Tasmajian • DRE #01950844 • Beverly and Company, Inc.

Property Details for 405 South 6th Street

Subdivision Name
Not Applicable
Garage Spaces
5.00
View
None

Location

Listing Courtesy of Beverly and Company, Inc., Vicken Tasmajian, DRE #01950844
Add your commute
LISTING UPDATED: 05/06/2024 11:29 AM

Property Details for 405 South 6th Street

StatusActive
MLS #P1-16420
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1975
Lot Size0.19 AC / 8,220 SF
CountyLos Angeles County

Location

Listing Courtesy of Beverly and Company, Inc., Vicken Tasmajian, DRE #01950844
Add your commute

Building Information for 405 South 6th Street

Stories1Residences-Year Built1975Building Size-Lot Size0.19 AC / 8,220 SF

Payment Calculator

$9,868 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,181

Property Taxes

$1,687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 405 South 6th Street

Summary
Location and General Information
  • Building Area Total: 3,630.00
  • Community Features: Street Lights
  • City: Montebello
  • Directions: 6th street
  • Area: 674 - Montebello
  • Postal Code Plus4: 5640
  • Unparsed Address: 405 South 6th Street, Montebello, CA 90640
Parking
  • Parking Features: Assigned, Carport
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
  • Tax Tract: 6871
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers, Front Yard
  • Lot Size Acres: .19
  • Lot Size Square Feet: 8,220.00
  • Lot Size Area: 8,220.00
  • Lot Size Units: Square Feet
  • Parcel Number: 6349021015
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
Property and Assessments
  • Common Walls: 1 Common Wall
  • Documents Count: 0
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $1,200.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
Interior Features
  • Appliances: None
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: Individual Room
  • Living Area: 3,630.00
  • View: No
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $105,600.00
  • Net Operating Income: $80,820.00
  • Electric Expense: $480.00
  • Insurance Expense: $3,800.00
  • Number Of Buildings: 1
  • Operating Expense: $24,780.00
  • Special Listing Conditions: Standard
  • Trash Expense: $1,440.00

Property History for 405 South 6th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 405 South 6th Street

Taxable ValueLand$600,000Additions$800,000Total$1,400,000
Tax Record2023$20,248 ($1,687 / month)
Home Facts
Total Finished SqFt3,630 SqFtAbove Grade Finished SqFt3,630 SqFtLot Size8,218 SqFtStyleQuadraplexYear Built1975ZoningMNR3*CountyLOS ANGELESAPN6349-021-015

Schools near 405 South 6th Street

This home is within Montebello Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
La Merced Elementary School
PublicK to 5

La Merced Intermediate School
Public6 to 8

Montebello High School
Public9 to 12

Applied Technology Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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405 South 6th Street is a multi-family home for sale in Montebello, CA 90640. This property was listed for sale on February 4, 2024 by Beverly and Company, Inc., it's currently listed at $1,499,000. It has been on the market for a total of 93 days and was last sold on October 28, 2022. This listing's school district is Montebello Unified School District. Nearby schools include La Merced Elementary School, La Merced Intermediate School and Montebello High School. 405 South 6th Street is a 0-bed, 0-bath, 3,630 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beverly and Company, Inc., Vicken Tasmajian, DRE #01950844

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.