$1,295,000
$100K PRICE DROP

Estimated payment $9,027/month

Total Views 9,276
6 Beds
5 Baths
2,674 Sq Ft
$484 Price per Sq Ft

About This Home

5-units in North Montebello (located north of Whittier Blvd), presenting an 11.98 GRM and a 5.40% Cap Rate, MOTIVATED SELLER with only 2 properties left in this Family-Owned Portfolio Sale. Attractive investment opportunity, great for 1031 exchange replacement property. Consisting of (1) detached 2 bed + 1 bath house and (4) 1 bed + 1 bath units, all 100% occupied. On-site garage parking (ADU Potential), owner-owned coin-operated laundry machines, very walkable location (79 Walk-Score) with convenient access to shopping, dining, and the 60, 5, 710, and 605 freeways. The property is only subject to AB 1482 with no local rent control. The SB721 (Balcony Law) Inspection Report Completed. A solid combination of current income and future growth potential creating for a favorable purchase. **Check out the property video.

Listing Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 04/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,255 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 2,674 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Community Details

  • 5 Units
  • Vacancy Allowance $3,242

Listing and Financial Details

  • Assessor Parcel Number 6346-024-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

6,255 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2674
  • Lot Acreage: 0.1436
  • Stories: 2
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 484.29

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage, Covered Parking, Uncovered
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 803171
  • Assessed Land Percent: 40
  • Assessed Land Value: 535447
  • Total Assessed Value: 1338618
  • Assessor Parcel Number: 6346-024-009
  • Lot Size Area: 6255

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.98
  • Number Of Units: 5
  • Type Of Units: Apartment
  • Vacancy Allow: 3242
  • Vacancy Allow Percent: 3.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $22,177 $1,365,389 $546,155 $819,234
2025 $22,177 $1,338,618 $535,447 $803,171
2024 $21,003 $1,312,372 $524,949 $787,423
2023 $20,912 $1,286,640 $514,656 $771,984
2022 $20,219 $1,261,413 $504,565 $756,848
2021 $19,490 $1,236,680 $494,672 $742,008
2020 $19,128 $1,224,000 $489,600 $734,400
2019 $18,591 $1,200,000 $480,000 $720,000
2018 $8,595 $432,769 $235,478 $197,291
2016 $8,238 $415,966 $226,335 $189,631
2015 $7,890 $409,719 $222,936 $186,783
2014 $7,825 $401,694 $218,569 $183,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2026 08/18/26 Price Changed $1,295,000 -7.2% $484 / Sq Ft
04/13/2026 04/13/26 For Sale $1,395,000 +16.3% $522 / Sq Ft
10/01/2018 10/01/18 Sold $1,200,000 -4.0% $449 / Sq Ft View Prior Sale
07/30/2018 07/30/18 For Sale $1,250,000 -- $467 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- Ticor Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $1,200,000 First American Title Company
Grant Deed $850,000 First American Title Company
Interfamily Deed Transfer $156,818 Fidelity
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $620,000 Commercial
Previous Owner $910,000 Purchase Money Mortgage
Previous Owner $297,893 Commercial
Previous Owner $325,000 Commercial
Previous Owner $327,500 Commercial
Previous Owner $183,525 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26701169

The MLS
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