540 South 6th Street

Montebello, CA 90640

$2,935,000
Price
6
Beds
10
Baths
6,858 Sq. Ft.
$428 / Sq. Ft.
6,858
Sq. Ft.
$428
per Sq. Ft.

Description

Welcome to this great 9 unit Apartment Building is Located on South 6th Street in Central Montebello ( Between Mines Avenue & Central Avenue. This is a great investment opportunity in a Prime Montebello Area! This Building offers (One) 3 Bedroom 2.5 Bath Two-Story Spacious Townhome, (One) 2 Bedroom 1 Bath and (Six) 1 Bedroom 1 Bath with an additional (One) Non-Conforming Studio. Property is legally 8 units. The property has remolded with Newer Windows , Newer Kitchen with Newer Floors & Plumbing....Welcome to this great 9 unit Apartment Building is Located on South 6th Street in Central Montebello ( Between Mines Avenue & Central Avenue. This is a great investment opportunity in a Prime Montebello Area! This Building offers (One) 3 Bedroom 2.5 Bath Two-Story Spacious Townhome, (One) 2 Bedroom 1 Bath and (Six) 1 Bedroom 1 Bath with an additional (One) Non-Conforming Studio. Property is legally 8 units. The property has remolded with Newer Windows , Newer Kitchen with Newer Floors & Plumbing. There is a common coin operated laundry room on the ground level along with a 100 gallon central gas water heater. Laundry machines are owned by the landlord (not leased) There is covered parking for 11 cars with storage cabinets.
  1. Listed by Johnny Lam • DRE #01064582 • Brokerage DRE #01522426 • Treeline Realty & Investment • 626-255-7806

Property Details for 540 South 6th Street

Parking Spaces Total
11
Private Pool
No
Total Units
9.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6858
Assessor Parcel Number
6349-022-050
Property Attached YN
false
LISTING UPDATED: 11/16/2024 01:00 PM

Property Details for 540 South 6th Street

StatusActive
MLS #AR24232453
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
CountyLos Angeles County

Building Information for 540 South 6th Street

Building/Complex540 S 6th StFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-

Property Information for 540 South 6th Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $174,688
  • Gross Scheduled Income: $173,888
  • Gross Operating Income: $173,888
  • Net Operating Income: $160,253
  • Laundry Income: $800
Expense Details
  • Operating Expense: $13,635
  • Gardener Expense: $1,200
  • Fuel Expense: $2,850
  • Licenses Expense: $435
  • Pest Control Expense: $600
  • Electric Expense: $568
  • Insurance Expense: $5,300
  • Professional Management Expense: $0
  • Trash Expense: $2,500
  • Water Sewer Expense: $4,800
  • Total Expenses: $13,635
Tax / Assessment Info
  • Tax Tract Number: 19220
  • Tax Census Tract: 5321.01
  • CFD/Mello-Roos Fee: $2,128
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Cooktop
  • Equipment: Room
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Flooring: Laminate, Tile
Exterior Features
  • Roof: Composition
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers In Front
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 11
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,248
  • Unit Type Total Rent: $2,248
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,743
  • Unit Type Total Rent: $1,743
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $9,790
  • Unit Type Total Rent: $9,790
  • Unit Type Pro Forma: 10300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $709
  • Unit Type Total Rent: $709
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 2

Property History for 540 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 540 South 6th Street

Taxable ValueLand$697,541Additions$1,046,312Total$1,743,853
Tax Record2024$25,652 ($2,138 / month)
Home Facts
Total Finished SqFt6,858 SqFtAbove Grade Finished SqFt6,858 SqFtLot Size10,429 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningMNR3YYCountyLOS ANGELESAPN6349-022-050

Schools near 540 South 6th Street

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

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.

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540 South 6th Street is a multi-family home for sale in Montebello, CA 90640. This property was listed for sale on November 16, 2024 by Treeline Realty & Investment, it's currently listed at $2,935,000. It has been on the market for a total of 17 days and was last sold on February 13, 2015. 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. 540 South 6th Street is a 6-bed, 10-bath, 6,858 sqft multi-family home built in 1964.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Treeline Realty & Investment, Johnny Lam, DRE #01064582

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.