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Listed price in listed location currency (USD).
$1,800,000

1266

MLS® 26698555

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5326 sqft
Garage Yes
Taxes 
Days Active 3
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $337
MLS® Number 26698555

Property Address: 600 W Mines Avenue, Montebello, CA, 90640

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26698555
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1958
Basement
DrivewayDoor Single, Garage, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 13, 2026List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
600 W Mines Avenue, Montebello, CA

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