601 N Garfield Avenue offers a compelling opportunity to acquire a well-located multifamily property featuring six income-producing units plus an additional non-permitted studio. The property consists of a single building with four spacious two-bedroom units, each with one and a half baths, and two one-bedroom, one-bath units, along with the bonus studio. Situated on a desirable corner lot, the asset includes six covered parking spaces accessed via a rear alley carport. This makes it an attractive option for investors seeking stable income and long-term appreciation in a well-established rental market. Residents benefit from proximity to shopping, dining, public transportation, and convenient access to major freeways, with Downtown Los Angeles just a short drive away. This is a rare opportunity to acquire a well-maintained, value-add multifamily asset in a strong rental corridor.
| MLS # | MB26098647 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1962 |
| Days On Site | 110 |
| Listing Provided By | CENTURY 21 MASTERS | JAMES ESCAMILLA |
| SQ Feet | 6,066 |
|---|---|
| Garage | 6 |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.17 |
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Lot Features | Corner Lot, Front Yard |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Unknown |
|---|
| Community Features | Storm Drains, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Montebello |
| Zip Code | 90640 |
| Area | 674 Montebello |
| Listing VS Median (in 90640) | |
Price: $1,695,000 low | high Med: $1,100,000 sqft: 6,066 low | high Med: 2,500 $ / sqft: $279 low | high Med: $440 On site: 110 low | high Med: 196 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Montebello |
| Zip Code | 90640 |
| Area | 674 Montebello |
| Listing VS Median (in 90640) | |
Price: $1,695,000 low | high Med: $1,100,000 sqft: 6,066 low | high Med: 2,500 $ / sqft: $279 low | high Med: $440 On site: 110 low | high Med: 196 | |