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601 North Garfield Avenue Montebello, CA $ 1,750,000
601 North Garfield Avenue
$ 1,750,000
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601 North Garfield Avenue

Montebello, CA, 90640
$ 1,750,000
Baths1.0 Sq 6,066

Monthly Estimate*

$ 10,918

Listed by First Team Real Estate
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Studio

Multi-Family Home for sale in Montebello, CA

for $1,750,000 with 1 full bath. This 6,066 square foot home was built in 1962 on a lot size of 0.1675.

601 N Garfield Avenue presents an outstanding opportunity to acquire a well-located multifamily property offering six income-producing units along with an additional unpermitted studio. The property consists of one building, including four spacious two-bedroom units with one and a half baths each, two one-bedroom units with one bath, and the bonus studio. Positioned on a desirable corner lot, the property includes six covered parking spaces accessible through a rear alley carport. All units appear to be in good condition, and current rents remain below market, allowing for significant upside potential as units turn over. This makes the property ideal for investors seeking long-term growth and stable income in an established rental market. Residents enjoy the convenience of nearby shopping, restaurants, and public transportation, along with easy access to major freeways. Downtown Los Angeles is only a short drive away, further enhancing the appeal of the location for both current and future tenants.This is a rare chance to acquire a well-maintained multifamily asset with value-add potential in a strong rental corridor. The property will be delivered as-is, and the buyer is advised to verify all information, including unit count, permits, and property details. The studio unit is non-permitted.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1675

Year Built

1962

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

DW25224030

Days on Market

88

Features
General
Sewer Unknown
HOA Fee 0
Garage Spaces 6
Pool Features None
Year Built 1962
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 0
Community Features Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction 0
Property Type Residential Income
HOA 0
Contingency Standard
Garage Y/N 1
Special Listing Conditions Probate Listing
Status Active
Directions Take Garfield to the corner of Via San Carlo
City Montebello
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 7
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 7295
Number of Units Leased 6
Listing Terms Cash Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 0
Total Actual Rent 8190
Property Sub Type Additional Mixed Use
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Lot Features Corner Lot Front Yard
Water Source Public
Total Parking 6
Lot Size Area 7295
Number of Buildings 1
Building Area Total 6066
Lot Size Acres 0.1675
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
First Team Real Estate

Broker

probaterealestate@yahoo.com

Email

Affordability Calculator

$10,918
Per Month
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Monthly Principal & Interest
$10,918
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,750,000 Listed Price

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601 North Garfield Avenue, Montebello, CA, 90640 is a Multi-Family Home for sale at $1,750,000 with 6,066 sqft and a lot size of 0.1675. 601 North Garfield Avenue is a studio with 1.0 baths and was built in 1962. The property's zip code is 90640 which is in Montebello, CA