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***
For sale
$2,120,000
616 Via Altamira, Montebello, CA 90640
17beds
10baths
5,986sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$354/sqft
$-- HOA
What's special
Gated parkingSecured entry
- 35 days |
- 221 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 03:16am
Listed by:
Shant Sherbetdjian DRE # 01713570 626-657-8150,
Remax Commercial and Investment Realty 213-817-1000
Source: CLAW,MLS#: 25616493
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 10
Heating
- Central
Cooling
- Wall Unit(s)
Appliances
- Laundry: Laundry Room
Interior area
- Total structure area: 5,986
- Total interior livable area: 5,986 sqft
Property
Parking
- Total spaces: 12
- Parking features: Covered
- Covered spaces: 9
- Uncovered spaces: 3
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 9,012.56 Square Feet
Details
- Additional structures: None
- Zoning: MNR3YY
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1963
Community & HOA
Location
- Region: Montebello
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $1,617,944
- Date on market: 11/10/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,969/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Listed for sale | $2,120,000+46.2%$354/sqft |
Source: | ||
| 11/27/2018 | Sold | $1,450,400-6.4%$242/sqft |
Source: | ||
| 9/24/2018 | Pending sale | $1,550,000$259/sqft |
Source: Coldwell Banker George Realty #AR18034222 Report a problem | ||
| 7/9/2018 | Price change | $1,550,000+0.1%$259/sqft |
Source: Coldwell Banker George Realty #AR18034222 Report a problem | ||
| 6/7/2018 | Listed for sale | $1,548,000$259/sqft |
Source: Coldwell Banker George Realty #AR18034222 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$13,177/mo
Principal & interest
$10386
Property taxes
$2049
Home insurance
$742
Climate risks
Neighborhood: 90640
Nearby schools
GreatSchools rating
- 6/10Wilcox Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Eastmont Intermediate SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Schurr High SchoolGrades: 9-12Distance: 0.6 mi
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