
Montebello, California 90640
This High-Potential Investment Opportunity is a Duplex listed at a List Price of $789,000, positioned well below the $792,034 Fair Market Value by 0.38%. This valuation gap offers $3,034 in Instant Equity. Featuring a Condition Rating of 3, the property includes a recently renovated kitchen and modern finishes. With its dual-unit configuration, private yards, and alley-access garages, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing property in a high-demand Montebello location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 N 2nd Subject | $789,000* List Price | 0 | 0 | 1,606 | $493 | - |
A 309 W Victoria Sold | $935,000 | 3 | 2 | 1,747 | $535 | 0.5 mi |
B 112 S 2nd Active | $929,500 List Price | 0 | 0 | 1,581 | $588 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1922, the interior has undergone a significant recent renovation, specifically in the kitchen which features modern shaker cabinets, stone countertops, recessed lighting, and new LVP flooring. The property appears move-in ready and well-maintained, though the overall age of the structure and exterior prevents an 'Excellent' rating.
The duplex configuration featuring separate units, private yards, and individual garages offers excellent flexibility for rental income, multi-generational living, or an owner-user setup.
Situated north of Whittier Boulevard near the Montebello Town Center and the future Metro E Line, the property is positioned in a high-demand area with strong long-term appreciation potential.
Rare alley access to individual garages and dedicated private outdoor spaces for both the front and rear units significantly increases tenant desirability and functional utility.
Built in 1922, the property may require significant capital expenditures to modernize aging infrastructure, including potential upgrades to plumbing, electrical, and foundation systems.
With only one garage per unit and a lack of additional off-street parking, the property may face challenges accommodating modern households that typically have multiple vehicles.
click on 360 view for full video Prime Montebello Duplex Investment Opportunity Excellent income-producing opportunity in the heart of Montebello! Located north of Whittier Boulevard, this well-positioned property features two spacious units, offering flexibility for an investor, owner-user, or multigenerational household. The property consists of: Front Unit: Spacious 2-bedroom, 1-bathroom home Rear Unit: 1-bedroom, 1-bathroom unit One-car garage for each unit Private yard for each unit Alley access to the garages Conveniently located north of Whittier Boulevard The separate yards, individual garages, and alley access provide desirable privacy and functionality for both units—features that can be especially attractive to long-term renters. Strong Montebello Location Montebello offers a strategic location in Southeast Los Angeles County with convenient access to major employment centers, shopping, dining, schools, parks, and transportation. The city has continued to invest in infrastructure, economic development, housing, and community improvements. Montebello was recognized by the City as the 2025 Most Business-Friendly City in Los Angeles County, reflecting its ongoing focus on economic growth and investment. The property is also positioned in the northern portion of Montebello, an area with notable community assets including Montebello Town Center, Down Town Montebello, and other established residential neighborhoods and services. The city is also planning for continued long-term growth and improved connectivity. Current city planning efforts include infrastructure improvements along major corridors and future transit-oriented development associated with the planned Metro E Line Greenwood Station. With two separate living units, two garages, two private yards, and alley access, this property offers the kind of configuration investors look for in a Southern California multifamily property. Whether you're looking to generate rental income, live in one unit while renting the other, accommodate extended family, or add a well-located property to your portfolio, this Montebello duplex presents an excellent opportunity. Great location. Great layout. Two units. Multiple possibilities. Don't miss this Montebello investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 1,606 | 2,059.6 |
| Lot Size | 6,237 | 6,708.2 |
| Price | $789.0K | $982.9K |
| Price per sq ft | $491 | $416 |
| Built year | 1922 | 1941 |
| HOA | $0 | $0 |
| Days on market | 22 | 207 |
Aug 18, 2026
$789,000
Initial Listing