
Montebello, California 90640
Analysis of 415 S 6th Street, Montebello, California 90640 is currently available with a list price of $1,199,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Montebello Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1975 (49 years old) and is marketed as an 'investor opportunity' with 'value add potential' to be sold 'as-is.' Given the age exceeds 30 years without mention of major renovations to kitchens, baths, or systems, it likely requires significant rehabilitation to meet modern standards.
The property consists entirely of 2-bedroom, 1-bathroom units, which is the most sought-after configuration for long-term tenants in the Montebello rental market.
Offering 8 total parking spaces for 4 units provides a rare 2:1 parking ratio, significantly increasing the property's competitiveness and tenant retention potential.
With two units currently occupied by long-term tenants and the property sold as-is, there is significant upside potential to renovate vacant units and achieve market-rate rents.
The property is being sold in its current condition, which may necessitate immediate capital expenditures for repairs or modernization to maximize its investment value.
Existing long-term tenancies may result in below-market rental income initially, requiring a strategic long-term approach to stabilize the asset's cash flow.
INVESTOR OPPORTUNITY IN MONTEBELLO! This well positioned fourplex offers an excellent opportunity to acquire an income producing multifamily asset in a desirable Montebello location. The property features four spacious 2-bedroom, 1-bathroom units, totaling approximately 3,630 square feet of living area, situated on a 7,315 square foot lot. Each unit provides a practical layout designed for long-term rental appeal, while the property offers 8 total parking spaces, including 4 garage/carport spaces. The property currently has 2 occupied units by long term tenants, providing an investor with an existing rental operation from day one. With its four-unit configuration, strong parking component, and established tenant base, this property presents an opportunity for investors seeking to add a multifamily asset to their portfolio while evaluating future income and value add potential. Conveniently located near shopping, dining, transportation, and major employment corridors, the property benefits from Montebello's central position within the greater Los Angeles area. Property to be sold as-is with tenants in place, buyer to independently verify all property, financial, zoning, rental, and income information. A compelling opportunity for investors looking for scale, existing rental income, and long-term multifamily potential in Montebello.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 4 | 2,059.6 |
| Lot Size | 7,315 | 6,708.2 |
| Price | $1.20M | $982.9K |
| Price per sq ft | $299.8K | $416 |
| Built year | 1975 | 1941 |
| HOA | $0 | $0 |
| Days on market | 11 | 207 |
Aug 29, 2026
$1,199,000
Initial Listing