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
Bedrooms17 Baths1.0 Sq 5,986

Monthly Estimate*

$ 13,226

Listed by Remax Commercial and Investment Realty
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Multi-Family Home for sale in Montebello, CA

for $2,120,000 with 17 bedrooms and 1 full bath. This 5,986 square foot home was built in 1963 on a lot size of 0.2069.

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

17

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2069

Year Built

1963

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

25616493

Days on Market

40

Features
General
Living Area 5986
Heating Central
Zoning MNR3YY
Year Built 1963
Levels Three Or More
Gross Income 179340
County Los Angeles
Net Operating Income 107594
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions This property is located on Via Altamira between Via San Delarro and West Via Acosta in North Montebello.
City Montebello
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 6
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 9012
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.08
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Interior
Total Stories 3
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 17
Total Baths 10
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Exterior
Parking Features Covered
Total Parking 12
Lot Size Area 9012
Number of Buildings 1
Building Area Total 5986
Lot Size Acres 0.2069
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

ss@remaxcir.com

Email

Affordability Calculator

$13,226
Per Month
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$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 0.2069. 616 Via Altamira has 17 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 90640 which is in Montebello, CA