1661 Neil Armstrong, Montebello, California 90640, Montebello, 90640 - 1 bed, 1 bath
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Montebello, California 90640
This Affordable End-Unit Condominium is a Strong Value Opportunity, listed at $325,999—positioned well below the $360,466 Fair Market Value by 9%. This valuation gap provides $34,467 in Instant Equity. While maintaining a Condition Rating of 4 with functional but dated finishes, the asset features a rare fully paid-off solar system, cathedral ceilings, and a mountain view. Located in the Montebello Unified district, it offers strong rental potential and resort-style community amenities. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1661 Neil Armstrong Subject | $325,999* List Price | 1 | 1 | 733 | $492 | - |
A 1603 Firvale Avenue Sold | $360,000 | 2 | 2 | 900 | $400 | 0.2 mi |
B 1610 Neil Armstrong Street 304 Sold | $290,000 | 1 | 1 | 646 | $449 | 0.1 mi |
C 1661 Neil Armstrong 231 Active | $329,900 List Price | 1 | 1 | 733 | $450 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is functional but shows significant signs of age and outdated finishes. The kitchen has been partially updated with newer laminate flooring and a black electric range, but retains original-style wood cabinetry and laminate countertops. The living areas and bedroom feature worn, stained carpeting and popcorn ceilings. The bathroom vanity and tub surround are dated. While the paid-off solar system is a modern upgrade, the overall interior requires cosmetic updates and minor repairs to meet current market standards.
The property features a fully paid-off solar system, a rare and valuable asset for a condominium that provides significant energy efficiency and long-term utility savings for the owner.
As an end-unit with cathedral ceilings, this home offers enhanced privacy, increased natural light, and a more spacious interior feel compared to standard interior units.
Conveniently located near major shopping centers and freeways, the property also offers resort-style community amenities including a swimming pool, spa, and carport parking.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 733, other record living area = 941. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The reliance on shared community laundry facilities rather than having private in-unit hookups may be a significant drawback for buyers prioritizing convenience.
At approximately $435 per month, the HOA fee represents a substantial recurring cost relative to the property's size and price point, which may impact buyer affordability.
Welcome to 1661 Neil Armstrong St #246 in Montebello — Affordable 1-bedroom, 1-bath condominium offering 733 sq ft of comfortable living space. This desirable end-unit offers added privacy and plenty of natural light. The functional layout features a spacious living area with dining area, cathedral ceilings and a private balcony for relaxing. The home also includes a well-sized bedroom., vanity area and dual closets. A standout feature is the fully paid-off solar system, providing energy efficiency and long-term savings. Two community laundry facilities and convenient carport parking space #106 immediately below unit. Residents enjoy access to community amenities including a sparkling swimming pool and spa, ideal for leisure. See Private Remarks for financing info. Conveniently located near The Shops at Montebello and Monterey Park Marketplace Shopping Center, you’ll have a wide variety of shopping, dining, and entertainment options just minutes away. With easy freeway access, commuting is simple and convenient. An excellent opportunity for first-time buyers or investors seeking value in a prime location—don’t miss this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 6% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 733 | 2,034 | 6% |
| Lot Size | 169,992 | 14,772 | 71% |
| Price | $326.0K | $935.0K | 6% |
| Price per sq ft | $445 | $455 | 45% |
| Built year | 1972 | 2023 | 16% |
| HOA | $435.6 | $410 | 55% |
| Days on market | 35 | 236 | 3% |
Mar 18, 2026
$325,999
Initial Listing
Jan 22, 1992
$108,000
Public Record