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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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600 W Mines Avenue Montebello, CA 90640
$1,800,000 12 beds, 6 baths
5, 326 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26698555
List price is $1,800,000
Beds: 12
Baths: 6
Built in 1958
5,326 sqft
1 story
0.36 acres
Lot size: 0.3568
County: Los Angeles
Zoning: MNR3YY
Parking description: Door-Single,Garage,Uncovered
MLS area: 674 - Montebello

Last Updated: 4/22/2026

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This listing belongs to the 674 - Montebello MLS area

Lat/Long: 34.001957, -118.110357.
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Listing Agent: Shant Sherbetdjian
Co Listing Agent: Benjamin J. Hsiang
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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