1701 Neil Armstrong Street 208, Montebello, California 90640, Montebello, 90640 - 3 bed, 2 bath
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Montebello, California 90640
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $415,000—positioned well below the $491,389 Fair Market Value by 15%. This valuation gap provides $76,389 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with modernized cabinetry and stone countertops, the unit offers a functional, move-in ready layout. With low HOA fees and a convenient location in the Montebello Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1701 Neil Armstrong Street 208 Subject | $415,000* List Price | 3 | 2 | 1,165 | $423 | - |
A 1791 Neil Armstrong Street Sold | $425,000 | 2 | 2 | 970 | $438 | 0.0 mi |
B 1701 Mountain Terrace Sold | $535,000 | 2 | 2 | 1,174 | $456 | 0.1 mi |
C 1620 Neil Armstrong Street 203 Active | $518,888 List Price | 3 | 2 | 1,302 | $399 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1971, the interior shows significant updates likely completed within the last 10-15 years. The kitchen and bathrooms feature modernized wood cabinetry and stone countertops, complemented by updated laminate flooring and recessed lighting throughout. The property appears well-maintained, functional, and move-in ready.
Priced competitively at $415,000 for a three-bedroom unit, this property represents a high-value opportunity for first-time buyers and investors in the Montebello area.
The two-story floor plan effectively separates living spaces from bedrooms, providing a spacious, townhome-style feel that maximizes the 1,165 square feet of living area.
The monthly HOA fee of $260 is remarkably low for a large, well-maintained community, significantly reducing the total monthly cost of ownership compared to similar developments.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =405046, other record lot size in square feet = 404929.
With a construction date of 1971, the property may require updates to major systems or cosmetic renovations to align with modern energy efficiency and design standards.
Situated within a large-scale condominium complex on expansive grounds, the unit may offer less privacy and more noise exposure than lower-density residential options.
Welcome to Neil Armstrong St! This home to this inviting 3-bedroom, 2-bath condominium located in a desirable and convenient community. Space is generously spread across two levels, this home offers a comfortable layout with well-sized bedrooms, functional living areas, and plenty of natural light. Enjoy the benefits of low-maintenance living while being just minutes from shopping, dining, schools, parks, and major freeways. Situated within a beautifully maintained community on expansive grounds, this property presents an excellent opportunity for first-time buyers, growing families, or anyone seeking comfort, convenience, and value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,165 | 2,475 |
| Lot Size | 405,046 | 2,730 |
| Price | $415.0K | $1.06M |
| Price per sq ft | $356 | $454 |
| Built year | 1971 | 2026 |
| HOA | $260.0 | $525 |
| Days on market | 34 | 121 |
Jun 18, 2026
$415,000
Initial Listing
Oct 21, 2020
$406,000
Public Record
Jul 2, 2004
$278,000
Public Record
Jun 5, 2003
$190,000
Public Record
Sep 28, 2001
$115,000
Public Record