Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
48 Total Sales
2 in Montebello
$895,000 Price Range
517 S 6th St Montebello, CA 90640
Montebello AreaEstimated Value: $1,076,000 - $1,302,729
8
Beds
4
Baths
3,248
Sq Ft
$372/Sq Ft
Est. Value
About This Home
As of July 2021We 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
Remax Commercial and Investment Realty License #01713570 Listed on: 06/02/2021
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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
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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Montebello, CA
-
Michele Steggell
-
Carlos Barron
Carlos Barron
T.N.G. Real Estate Consultants
(657) 385-7956
82 Total Sales
1 in Montebello
$950,000 Price
-
Bobejo Kelley
Bobejo Kelley
Keller Williams Premier Prop.
(424) 292-6160
65 Total Sales
1 in Montebello
$1,080,000 Price
-
Anita Wong
Anita Wong
Re/Max Premier Properties
(626) 986-3477
44 Total Sales
3 in Montebello
$651K - $1.1M Price Range
-
Gerardo Morales
Gerardo Morales
Equity Smart Real Estate Services
(323) 766-6330
19 Total Sales
3 in Montebello
$665K - $700K Price Range
-
Karla Telleria
Karla Telleria
Keller Williams Realty
(424) 393-2593
45 Total Sales
2 in Montebello
$1,049,000 Price Range
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
-
Shant Sherbetdjian
Seller's Agent in 2021
Shant Sherbetdjian
RE/MAX
(626) 657-8135
64 Total Sales
-
Kin Li
K
Buyer's Agent in 2021
Kin Li
PACIFIC STERLING REALTY/Irvine
(949) 222-9911
3 Total Sales
Map
Source: The MLS
MLS Number: 21-742848
APN: 6349-032-017
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.
© 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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