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1701 Mountain Terrace, Montebello, California 90640, Montebello, 90640 - 2 bed, 2 bath

1701 Mountain Terrace, Montebello, California 90640 home-pic-0
ACTIVE$449,000$1,174/sqft
1701 Mountain Terrace, Montebello, California 90640
2Beds
2Baths
1,174Sqft
201,502Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Strategically located in Montebello, neighboring Monterey Park, offering easy access to major retailers (Costco, Home Depot), diverse dining, The Shops at Montebello, and the 60 Freeway for convenient commuting.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =201502, other record lot size in square feet = 201444.

Compared to the nearby listings

Price:$449.0K vs avg $499.0K ($-50,000)42%
Size:1,174 sqft vs avg 1,165 sqft53%
Price/sqft:$382 vs avg $43921%

More Insights

Built in 1975 (51 years old).
Condition: While built in 1975, this property has undergone significant and recent updates that elevate its condition. The kitchen features recently installed quartz countertops, a modern glass tile backsplash, and new appliances (dishwasher and refrigerator). Both bathrooms appear to be extensively renovated with contemporary vanities, fixtures, and tiling, making them move-in ready. Electrical panels were upgraded within the last two years, addressing a major system. Flooring throughout (laminate/wood, carpet, tile) is in good condition, and lighting has been updated in most areas. The original kitchen cabinets are the primary dated element, but they are well-maintained and functional. Overall, the property is move-in ready with no immediate major renovations required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
Year Built
1975
Close
-
List price
$449K
Original List price
$449K
Price/Sqft
$382
HOA
$482
Days on market
-
Sold On
-
MLS number
CV26001737
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Neighborhood
Deck
Patio
ViewCity Lights,Mountain(s),Neighborhood

About this home

Welcome to this charming and well-located condo nestled in the peaceful and desirable Mountain View Terrace community, in the beautiful city of Montebello, neighboring Monterey Park. This spacious 2-bedroom, 1.5-bath end-unit offers an excellent opportunity for buyers looking to personalize a home to their taste. With direct access through your private 2-car garage, you'll enjoy both privacy and convenience. Step inside to discover a layout full of potential, highlighted by a large master bedroom featuring vaulted ceilings, walk-in closet and balcony to enjoy the stunning mountain and city views. The open living area leads to a private patio through sliding glass doors—perfect for relaxing or growing your favorite plants. The kitchen is clean, functional and recently updated with quartz countertops, glass tile backsplash, new dishwasher and refrigerator. Electrical panels have been upgraded within the last 2 years. Whether you're a first-time buyer or a savvy investor, this home provides a perfect blank canvas to make your own. The community boasts a beautifully maintained pool—ideal for relaxing or enjoying sunny summer days. Located just minutes from the exciting new Monterey Park Marketplace, you'll have easy access to major retailers like Costco and Home Depot, as well as a variety of popular restaurants and shops. Commuters will appreciate the quick and easy access to the 60 Freeway, while locals will love being close to The Shops at Montebello and a wide selection of dining options. Don’t miss your chance to own in this desirable area. Schedule a tour today and imagine the possibilities!

S
Suzi Dunkel-Soto
Listing Agent

Price History

Date
Event
Price
01/10/23
Sold
$555,000
12/22/06
Sold
$380,000
Condition Rating
Good
While built in 1975, this property has undergone significant and recent updates that elevate its condition. The kitchen features recently installed quartz countertops, a modern glass tile backsplash, and new appliances (dishwasher and refrigerator). Both bathrooms appear to be extensively renovated with contemporary vanities, fixtures, and tiling, making them move-in ready. Electrical panels were upgraded within the last two years, addressing a major system. Flooring throughout (laminate/wood, carpet, tile) is in good condition, and lighting has been updated in most areas. The original kitchen cabinets are the primary dated element, but they are well-maintained and functional. Overall, the property is move-in ready with no immediate major renovations required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located in Montebello, neighboring Monterey Park, offering easy access to major retailers (Costco, Home Depot), diverse dining, The Shops at Montebello, and the 60 Freeway for convenient commuting.
End-Unit with Privacy: As an end-unit, the condo provides enhanced privacy and convenience, complemented by direct access to a private 2-car garage.
Updated Kitchen & Electrical: The kitchen features recent updates including quartz countertops, glass tile backsplash, new dishwasher and refrigerator, alongside upgraded electrical panels within the last two years, reducing immediate maintenance concerns.
Scenic Views & Balcony: The master bedroom boasts vaulted ceilings, a walk-in closet, and a private balcony offering stunning mountain and city views, enhancing the living experience.
Community Amenities: The Mountain View Terrace community provides a beautifully maintained pool, ideal for relaxation and recreation during warmer months.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =201502, other record lot size in square feet = 201444.
High Association Fee: A monthly association fee of $482.0 is substantial and could impact overall affordability and long-term ownership costs for potential buyers.
Significant Price Discrepancy: The current list price of $449,000 is considerably lower than its last sale price of $555,000 in January 2023, which may raise questions for buyers regarding market conditions or the property's current value.
Potential for Further Personalization: Described as a 'perfect blank canvas,' the 1975-built property, despite some updates, suggests that buyers may need to invest further in personalization or modernization beyond the kitchen to fully align with contemporary tastes.
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