NOT LISTED FOR SALE

517 S 6th St Montebello, CA 90640

Montebello Area

Estimated Value: $1,076,000 - $1,302,729

8 Beds
4 Baths
3,248 Sq Ft
$372/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2021

Last sale price $1,097,500 $338 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,025 / mo

12 Days on Market

About This Home

As of July 2021

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.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 06/02/2021

Last Buyer's Agent

Kin Li

PACIFIC STERLING REALTY/Irvine License #01899602

PACIFIC STERLING REALTY/Irvine

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,981 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6349-032-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,981 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3248
  • Lot Acreage: 0.1610
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 354.06

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 57.04
  • Assessed Improvement Value: 208016
  • Assessed Land Percent: 42.96
  • Assessed Land Value: 156685
  • Total Assessed Value: 364701
  • Assessor Parcel Number: 6349-032-017
  • Lot Size Area: 6981

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.79
  • Number Of Units: 4
  • Type Of Units: Apartment

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2022
Sold by
Bought by
Current Estimated Value
$1,208,682

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 9, 2021
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Kin Li
PACIFIC STERLING REALTY/Irvine
List Price
$1,150,000
Sold Price
$1,097,500
Premium/Discount to List
-$52,500
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$821,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 7, 2021
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Kin Li
PACIFIC STERLING REALTY/Irvine
List Price
$1,150,000
Sold Price
$1,097,500
Premium/Discount to List
-$52,500
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,989
Interest Rate
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,989
Interest Rate
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,639
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Montebello, CA

  • Albert Soto Real Estate Agent - True Inmobiliaria

    Albert Soto

    True Inmobiliaria

    (657) 279-5316

    91 Total Sales

    2 in Montebello

    $1,210,000 Price Range

    Albert Soto
     Section Image
  • Joshua Glaz Real Estate Agent - The Ave

    Joshua Glaz

    The Ave

    (657) 325-8448

    256 Total Sales

    4 in Montebello

    $618K - $1.2M Price Range

    Joshua Glaz
     Section Image

  • HK

    Harry Khayalian

    Lucent Properties

    (626) 316-6867

    14 Total Sales

    1 in Montebello

    $629,000 Price

    Harry Khayalian
     Section Image
  • Mark Lear Real Estate Agent - WERE Real Estate Inc

    Mark Lear

    WERE Real Estate Inc

    (657) 223-8121

    353 Total Sales

    1 in Montebello

    $590,000 Price

    Mark Lear
     Section Image
  • Rudy Kusuma Real Estate Agent - LPT Realty, Inc

    Rudy Kusuma

    LPT Realty, Inc

    (916) 249-4078

    153 Total Sales

    3 in Montebello

    $505K - $1M Price Range

    Rudy Kusuma
     Section Image
  • Arthur Ambarchyan Real Estate Agent - Keller Williams R. E. Services

    Arthur Ambarchyan

    Responds Quickly

    Keller Williams R. E. Services

    (747) 271-1402

    80 Total Sales

    1 in Montebello

    $810,000 Price

    Arthur Ambarchyan
     Section Image
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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 Buyer Sale Price Title Company
-- None Listed On Document
-- Chicago Title
-- Chicago Title
$1,100,000 Chicago Title
-- None Available
-- None Available
-- None Available
$377,500 Commonwealth Land Title Co
-- Lawyers Title
-- Lawyers Title Company
-- --
$277,500 First American Title
-- First American Title
-- Provident Title Company
-- Progressive Title Company
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 Borrower Loan Amount
Previous Owner $821,250
Previous Owner $217,158
Previous Owner $302,000
Previous Owner $245,000
Previous Owner $245,989
Previous Owner $262,639
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
07/15/2021 07/15/21 Sold $1,097,500 -4.6% $338 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,150,000 -- $354 / Sq Ft
Source: The MLS

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
2025 $16,581 $1,167,327 $785,293 $382,034
2024 $16,353 $1,144,440 $769,896 $374,544
2023 $16,338 $1,122,000 $754,800 $367,200
2022 $15,794 $1,100,000 $740,000 $360,000
2021 $5,787 $368,479 $158,308 $210,171
2020 $5,743 $364,701 $156,685 $208,016
2019 $5,577 $357,551 $153,613 $203,938
2018 $5,583 $350,541 $150,601 $199,940
2016 $5,314 $336,931 $144,754 $192,177
2015 $5,033 $331,871 $142,580 $189,291
2014 $4,981 $325,372 $139,788 $185,584
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2021

    Kin Li

    PACIFIC STERLING REALTY/Irvine

    (949) 222-9911

    3 Total Sales

    Kin Li
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Map

Source: The MLS

MLS Number: 21-742848

The MLS

APN: 6349-032-017

California Los Angeles County Montebello 90640

517 S 6th St, Montebello, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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