134 N 12th Street, Montebello, California 90640, Montebello, 90640 - 0 bed, 0 bath
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Montebello, California 90640
This Prime Investment Opportunity is a turnkey duplex listed at $1,799,900, positioned well below the $1,855,005 Fair Market Value by 2%. This valuation gap offers $55,105 in Instant Equity. Featuring a 3 Condition Rating, the property includes a 4/3 front unit and a 5/4 back building with ADU potential. With smooth stucco exterior and newer flooring, this asset is ready for immediate occupancy. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible, high-yield rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 N 12th Street Subject | $1,799,900* List Price | 0 | 0 | 4,111 | $451 | - |
A 219 S Greenwood Active | $1,650,000 List Price | 0 | 0 | 4,036 | $409 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1937 build date, the property is in turnkey condition with significant updates including newer flooring, a smooth stucco exterior, and updated hardscaping. The roof appears to be in good condition and the description notes a permitted kitchen and recent renovations, making it move-in ready and well-maintained.
The property features a unique layout with high bedroom counts and the ability to easily split the rear unit into an ADU, making it ideal for pad-splits or multi-generational living.
The availability of owner financing with negotiable terms provides a significant advantage for buyers looking to bypass traditional lending hurdles or high interest rates.
With a smooth stucco exterior, newer flooring, and updated interiors, this property is move-in ready, reducing immediate renovation costs for the new owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4111, other record living area = 3561.
At a list price of nearly $1.8 million, the property sits at a high price point for the Montebello market, requiring substantial rental income to achieve competitive cap rates.
Originally built in 1937, the property may possess aging core systems that could require maintenance or upgrades despite the recent cosmetic improvements.
Owner financing available with strong down payment - terms negotiable. Turnkey duplex in prime Montebello with Smooth Stucco Exterior Making It An Attractive Investment! Large front unit has been taped at 1952sf with a 4/3 configuration perfect for pad-splits. The 2-story back building has an area taped at 2159sf with a 5/4 configuration including 1/1 in 1st floor with a kitchen and 4/3 upstairs with another permitted kitchen; the upstairs can be divided into a smaller section of 751sf with 2/1 with separate access through the stairway behind the garage so it can be split into an ADU or separate dwelling easily. All units have newer flooring and other updates. Don't Miss This Amazing Opportunity! Supplements include an appraiser floor plan sketch.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,111 | 2,312 | 88% |
| Lot Size | 9,723 | 6,910 | 75% |
| Price | $1.80M | $1.10M | 75% |
| Price per sq ft | $438 | $457 | 38% |
| Built year | 1937 | 1938 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 196 | 13% |
Jun 1, 2026
$1,799,900
Initial Listing
Jun 21, 1996
$330,000
Public Record