616 Via Altamira Montebello, CA 90640
Estimated payment $13,271/month
About This Home
We are pleased to present for sale a well-maintained 6-unit multifamily investment property located in the desirable North Montebello area, bordering Monterey Park. This property offers an excellent unit mix, featuring mostly 3-bedroom units, and is professionally managed for ease of ownership. The building features secured entry, gated parking, and an on-site laundry room for tenant convenience. Each unit is separately metered for gas and electricity, and most units enjoy pleasant city or hillside views. Recent upgrades include a new 100-gallon central water heater. Ideally situated near the 60, 710, and 5 freeways, the property offers excellent accessibility to major employment and retail centers. The neighborhood is considered "Very Walkable" with a 71 Walk Score, providing easy access to nearby shops, restaurants, and services. This property is only subject to the Statewide AB 1482 Rent Ordinance and not subject to local rent control, allowing for greater flexibility in rent adjustments. ***CHECK OUT THE PROPERTY VIDEO***
Listing Agent
Remax Commercial and Investment Realty License #01713570 Listed on: 11/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 9,012 Sq Ft Lot
Interior Spaces
- 5,986 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 17 Bedrooms
- 10 Bathrooms
Parking
- 3 Open Parking Spaces
- 12 Parking Spaces
- 9 Covered Spaces
- Covered Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
Community Details
- 6 Units
- Vacancy Allowance $5,380
Listing and Financial Details
- Assessor Parcel Number 5268-005-009
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $2,120,000 | +46.2% | $354 / Sq Ft | |
| 11/27/2018 11/27/18 | Sold | $1,450,400 | -6.4% | $242 / Sq Ft | View Prior Sale |
| 09/24/2018 09/24/18 | Pending | -- | -- | -- | |
| 07/09/2018 07/09/18 | Price Changed | $1,550,000 | 0.0% | $259 / Sq Ft | |
| 07/09/2018 07/09/18 | For Sale | $1,550,000 | +6.9% | $259 / Sq Ft | |
| 06/13/2018 06/13/18 | Off Market | $1,450,400 | -- | -- | |
| 06/07/2018 06/07/18 | For Sale | $1,548,000 | +6.7% | $259 / Sq Ft | |
| 03/16/2018 03/16/18 | Off Market | $1,450,400 | -- | -- | |
| 03/16/2018 03/16/18 | For Sale | $1,548,000 | +6.7% | $259 / Sq Ft | |
| 02/14/2018 02/14/18 | Off Market | $1,450,400 | -- | -- | |
| 02/13/2018 02/13/18 | For Sale | $1,548,000 | -- | $259 / Sq Ft |
Source: The MLS
MLS Number: 25616493
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© 2025 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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