616 Via Altamira Montebello, CA $ 2,120,000
616 Via Altamira
$ 2,120,000
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616 Via Altamira

Montebello, CA, 90640
$ 2,120,000
Baths0.0 Sq 5,986

Monthly Estimate*

$ 13,226

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Studio

Multi-Family Home for sale in Montebello, CA

for $2,120,000. This 5,986 square foot home was built in 1963 on a lot size of 0.21.

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***

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Multi-Family Active

Price

$ 2,120,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1963

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

0025616493

Features
General
Living Area 5986.0
Heating Central
Zoning MNR3YY
Year Built 1963
Levels Three or More
County Los Angeles
Net Operating Income 107594.0
New Construction No
Property Type C
HOA No
Status Active
City Montebello
Senior Community Y/N No
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 9012.0
Standard Status Active
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Exterior
Parking Features Covered None
Lot Size Area 9012.0
Pool Y/N? Yes
Building Area Total 5986.0
Lot Size Acres 0.21
Land Lease Type Fee
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Interior
Total Stories 3
Heating Y/N Yes
Laundry Features Individual Room
Total Baths 0
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* Excluded Features
List By
Shant Sherbetdjian

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$13,226
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,226
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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$2,120,000 Listed Price

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616 Via Altamira, Montebello, CA, 90640 is a Multi-Family Home for sale at $2,120,000 with 5,986 sqft and a lot size of 0.21. 616 Via Altamira is a studio with 0.0 baths and was built in 1963. The property's zip code is 90640 which is in Montebello, CA