#PW25119893, Juana Recinos, Listing office: The Realty Co
#WS25122153·
Listing office: Keller Williams Realty/Pasadena·
Listing agent: KEVIN HURLEY·
Listing office phone: 626-484-1897
$4,400,000 List price
6431 Monterey Rd Los Angeles, CA 90042
0.3 acres
Condo
Property details
About 6431 Monterey Rd
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, two-bath units. 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.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.3343 Acres
Year built1964
MLS #WS25122153
Summary
- Private Pool: No
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $4,400,000
- HOA Amount: $0
- Annual Tax Amount: $50,048
- Tax Year: 2024
- Directions: Monterey Rd & Lomitas Dr
- Year Built: 1964
- Stories: 2
- Lot Size: 0.3343 Acres
- MLS Number: WS25122153
- MLS Name: CRMLS
- Office Name: Keller Williams Realty/Pasadena
- Office Phone: (626) 484-1897
- Listing Agent: KEVIN HURLEY
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 25, 2020 | Home Sold | $3,750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,979,530 | $50,048 |
| 2023 | $3,901,500 | $49,100 |
| 2022 | $3,825,000 | $46,867 |
| 2021 | $3,788,850 | $46,709 |
| 2020 | $351,469 | $6,216 |
| 2019 | $344,579 | $5,948 |
| 2018 | $337,823 | $5,811 |
| 2017 | $331,200 | $5,811 |
History based on county public records data.
Nearby schools
6
Garvanza Elementary
Public District KG-5
0.6 mi
•317 N Avenue 62
5
Bushnell Way Elementary
Public District PK-5
0.7 mi
•5507 Bushnell Way
7
San Pascual STEAM Magnet
Public Magnet KG-5
0.8 mi
•815 San Pascual Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,841. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
46%
35k-100k
24%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
30%
18-34 yrs old
45%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Banana Republic
Nordstrom Rack
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
The Cheesecake Factory
Starbucks
What do the neighbors drive?
Toyota
Volvo
Audi
What do the neighbors listen to?
Jazz
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6431 Monterey Rd
The listing price of 6431 Monterey Rd property is $4,400,000.
The property 6431 Monterey Rd is a condo located in Los Angeles, California, 90042.
Active Listing: 6431 Monterey Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6431 Monterey Rd are: Garvanza Elementary (GreatSchools Rating 6/10), Bushnell Way Elementary (GreatSchools Rating 5/10), San Pascual STEAM Magnet (GreatSchools Rating 7/10), Luther Burbank Middle School (GreatSchools Rating 6/10), Arroyo Seco Museum Science (GreatSchools Rating 6/10), South Pasadena Middle School (GreatSchools Rating 9/10), Los Angeles College Preparatory Academy (GreatSchools Rating 6/10), Academia Avance Charter (GreatSchools Rating 1/10), Benjamin Franklin High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $50,048 (source: MLS/based on county public records data).
The last sale was on June 25, 2020 for $3,750,000 (source: MLS/tax record).
The property at 6431 Monterey Rd has 0 bathroom.
The year of construction for 6431 Monterey Rd is 1964.
This home is located at 6431 Monterey Rd in Los Angeles, CA and zip code 90042 in the Northeast LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $4,400,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The number of listings in Los Angeles, CA increased by 9% between May and June 2025. While the average time on the market in June 2025 was 34 days, the median list price was $876,067.
From Rocket Homes Real Estate and based on county public records data.