6431 Monterey Road
Los Angeles, CA 90042
Map
- – beds
- – baths
- – sqft
- 14,564 sqft lot
- 1964 build
- – on site
Presenting a rare opportunity to acquire a 20-unit multifamily asset at 6431 Monterey Road, ideally located in the highly desirable Hermon neighborhood of Northeast Los Angeles. Nestled between the vibrant community of Highland Park and just one block from the charming city of South Pasadena, this property offers an exceptional location with convenient access to neighborhood amenities, transit options, and major freeways. The building features an excellent unit mix of one-bedroom and two-bedroom units, with both one and two-bathroom layouts. In a rental market known for its extremely low turnover, properties in this pocket seldom come to market, making this a truly unique investment opportunity. The current ownership has implemented a RUBS (Ratio Utility Billing System) program, creating a path for additional income on future vacancies. Structural improvements include the completion of the mandatory soft-story seismic retrofit, offering peace of mind and compliance for prospective buyers. Several units have been refurbished, and the property is fully parked with a total of 20 parking spaces—10 open and 10 tuck-under. There is also potential for ADU development (buyer to verify). Additional amenities include an on-site laundry facility and significant upside in rents, making 6431 Monterey Road an ideal value-add opportunity in one of L.A.’s tightest submarkets.
Last checked:
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Last updated Jun 3, 2025
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MLS# WS25122153 —
The Building
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Year Built:1964
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:13773.00
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Building Area Units:Square Feet
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Total Number Of Units:20
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:21
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# of Separate Water Meters:1
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# of Separate Electric Meters:21
Interior
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Levels:Two
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Entry Location:front
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Laundry:Community
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Laundry:1
Location
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Directions:Monterey Rd & Lomitas Dr
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Latitude:34.10950600
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Longitude:-118.17963200
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR1
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Lot Features:Level with Street
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Lot Size Area:14564.0000
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Lot Size Acres:0.3343
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Lot Size SqFt:14564.00
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Lot Size Source:Assessor
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:1
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Tax Census Tract:1837.02
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Tax Lot:22
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5312002022
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:20.00
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Uncovered Spaces:10.00
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Carport Spaces:10.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/3/25
Jun 3, 2025
|
Listed / Active | CRMLS_CA | $4,400,000 |
