1661 Neil Armstrong Street 246, Montebello, California 90640, Montebello, 90640 - 1 bed, 1 bath
1661 Neil Armstrong Street 246
Montebello, California 90640
Property Price
SUMMARY
Analysis of 1661 Neil Armstrong Street 246, Montebello, California 90640 is currently available with a list price of $345,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Montebello Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1972, this condo is well-maintained and move-in ready with updated laminate flooring and the unique addition of paid-off solar panels. However, the kitchen and bathroom feature older cabinetry styles and white appliances that, while functional, show signs of being outdated. It fits the 'fair' criteria as an aged property maintained through regular upkeep without a recent comprehensive renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Sustainable Energy Savings
The inclusion of 10 fully paid-off solar panels is a rare and highly valuable feature for a condominium, providing the owner with significant long-term savings on utility costs.
- Strategic Location
Conveniently located near the 60 Freeway and minutes from major retail hubs like Costco and the Montebello Mall, this property offers excellent accessibility for commuters and shoppers.
- Competitive Entry-Level Value
With a recent price reduction to $345,000, this unit serves as an affordable entry point into homeownership, positioned as a cost-effective alternative to local rental rates.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1972, the unit and common areas may require modernization or face higher maintenance needs compared to newer residential developments.
- Market Stagnation
A history of multiple price reductions since the initial listing suggests the property has struggled to gain traction, which could impact future resale perception.
About 1661 Neil Armstrong Street 246
Just off the 60 Freeway and conveniently close to downtown Los Angeles, this unit offers a spacious living room, which opens to a lovely balcony. Association amenities include pool and spa area. This condo includes 10 fully paid-off solar panels. Just a few minutes to Montebello Mall area, In-N-Out, Home Depot and Costco. Why rent when you can own this well-priced condo.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 169,992 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $363.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 733 | 1,339 | 7% |
| Lot Size | 169,992 | 18,777 | 67% |
| Price | $345.0K | $580.0K | 7% |
| Price per sq ft | $471 | $454 | 78% |
| Built year | 1972 | 1975 | 30% |
| HOA | $363.0 | $350 | 52% |
| Days on market | 171 | 226 | 22% |
Pricing History
Listed for Sale
Feb 25, 2026
$345,000
$360,000
-4% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$360,000
$365,000
-1% Price Drop
Initial Listing
Price Change
Dec 15, 2025
$365,000
$369,000
-1% Price Drop
Initial Listing
Price Change
Oct 31, 2025
$369,000
$370,000
+0% Price Increase
Initial Listing
Price Change
Oct 21, 2025
$370,000
$375,000
-1% Price Drop
Initial Listing
Price Change
Sep 16, 2025
$375,000
Initial Listing
Sold
Mar 4, 2009
$127,000
Public Record
Sold
Apr 30, 2004
$154,000
Public Record
Sold
May 17, 1999
$60,000
Public Record