We are excited to present for sale Property 3 of 6 within this exclusive 47-unit multifamily portfolio, offering investors the opportunity to acquire a well-maintained asset in a strong, centrally located Southern California rental market. The property consists of spacious single-story 2-bedroom, 1-bathroom units averaging approximately 888 square feet, providing efficient layouts and broad tenant appeal. Situated on an expansive 15,544 square foot corner lot, the asset benefits from excellent positioning, secured on-site parking, and operational functionality. Offered for the first time in over 10 years, this is a rare opportunity to acquire an asset in a tightly held rental pocket. The property generates strong in-place income with clear rental upside potential, complemented by an additional revenue stream from on-site laundry. Utilities are individually metered for gas and electricity, and each unit features its own water heater, supporting streamlined management and expense control. The site also presents potential for ADU development (buyer to verify), offering a pathway to increased density and future income growth. Convenient access to the 60, 710, 5, and 605 freeways further enhances tenant demand and accessibility. The property is subject only to California AB 1482 and is not governed by local rent control, providing a more predictable regulatory environment. As part of a 6-property portfolio, this offering allows investors the flexibility to acquire an individual asset or pursue a broader portfolio strategy, combining stable cash flow with long-term appreciation potential. Properties do not have to be sold together. ** Check out the property video link.
Property Details
Price:
$1,800,000
MLS #:
26698555
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Neighborhood:
674montebello
Listed Date:
Apr 13, 2026
Finished Sq Ft:
5,326
Total Sq Ft:
5,326
Lot Size:
15,544 sqft / 0.36 acres (approx)
Year Built:
1958
See this Listing
Schools
Interior
Laundry Features
IR
Levels
A
Exterior
Garage Spaces
6
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address600 W Mines AV Montebello CA
- CityMontebello
- CountyLos Angeles
- Zip Code90640
Subdivisions in Montebello
Market Summary
Current real estate data for Single Family in Montebello as of Apr 16, 2026
83
Single Family Listed
64
Avg DOM
343
Avg $ / SqFt
$664,276
Avg List Price
Property Summary
- 600 W Mines AV Montebello CA is a Single Family for sale in Montebello, CA, 90640. It is listed for $1,800,000 and features 12 beds, 6 baths, and has approximately 5,326 square feet of living space, and was originally constructed in 1958. The current price per square foot is $338. The average price per square foot for Single Family listings in Montebello is $343. The average listing price for Single Family in Montebello is $664,276.
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