1148 S Maple Avenue, Montebello, California 90640, Montebello, 90640 - 2 bed, 2 bath
ACTIVE$670,000
1148 S Maple Avenue, Montebello, California 90640
2Beds
2Baths
1,556Sqft
5,211Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, offering immediate potential for rental income from two units or multi-generational living, appealing to investors.
Top Cons:
Extensive Distressed Condition: Described as 'severely distressed,' indicating the property requires substantial and costly repairs, upgrades, or a complete overhaul.
Compared to the nearby listings
Price:$670.0K vs avg $900.0K ($-230,000)8%
Size:1,556 sqft vs avg 2,398 sqft38%
Price/sqft:$431 vs avg $39654%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this property is explicitly described as 'severely distressed and ready for a full-scale renovation or teardown.' The listing itself positions it as a 'blank canvas to build value from the ground up,' indicating it is beyond typical repair and its value lies in the land and redevelopment potential. The age and stated condition align perfectly with the 'tear-down' criteria.
Year Built
1924
Close
-
List price
$670K
Original List price
$670K
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
CV25076482
Home ConditionTear down
Features
Patio
ViewNeighborhood
About this home
INVESTORS: listen up! This DUPLEX on Maple is a "sweet" opportunity for serious investors and flippers. This 2-bed, 2-bath compound offers 1,556 square feet of living space on a 5,209-sq-ft lot, and it’s begging for transformation. Severely distressed and ready for a full-scale renovation or teardown, this property is your blank canvas to build value from the ground up. The true power of this deal lies in the location: less than 20 minutes from Downtown LA, Dodger Stadium, Crypto.com Arena, and the Music Center. With demand for revitalized homes in the area on the rise, this is your chance to capitalize on strong resale or rental potential. Don’t just invest — seize this opportunity and turn your vision into profit!
Condition Rating
Tear down
Built in 1924, this property is explicitly described as 'severely distressed and ready for a full-scale renovation or teardown.' The listing itself positions it as a 'blank canvas to build value from the ground up,' indicating it is beyond typical repair and its value lies in the land and redevelopment potential. The age and stated condition align perfectly with the 'tear-down' criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate potential for rental income from two units or multi-generational living, appealing to investors.
High-Potential Investment/Flip: Explicitly marketed as an opportunity for investors and flippers, with significant value-add potential through renovation or redevelopment.
Strategic Urban Proximity: Located less than 20 minutes from major Downtown LA attractions (Dodger Stadium, Crypto.com Arena, Music Center), enhancing its appeal for commuters and urban dwellers.
Favorable Market Demand: Positioned in an area with rising demand for revitalized homes, suggesting strong resale or rental potential post-renovation.
Flexible Redevelopment Options: Offers the versatility for either a comprehensive renovation or a complete teardown, catering to diverse investor strategies.
Cons
Extensive Distressed Condition: Described as 'severely distressed,' indicating the property requires substantial and costly repairs, upgrades, or a complete overhaul.
Significant Capital Investment Required: Not a turnkey property; it demands considerable financial investment and time for renovation or redevelopment to realize its full potential.
Advanced Age of Structure: Built in 1924, the property's age suggests potential for outdated infrastructure, systems, and compliance issues, necessitating thorough inspections and likely extensive modernization.