1749 W Colegrove, Montebello, California 90640, Montebello, 90640 - 3 bed, 2 bath
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Montebello, California 90640
This Turnkey Single-Family Residence is a Prime Investment Opportunity, listed at $788,000—positioned well below the $820,953 Fair Market Value by 4%. This valuation gap provides $32,953 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a new roof, modernized kitchen, and designer flooring. Located within the Montebello Unified district near parks and transport, it offers immediate lifestyle benefits with long-term stability. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1749 W Colegrove Subject | $788,000* List Price | 3 | 2 | 1,445 | $568 | - |
A 2217 Southside Drive Sold | $770,000 | 3 | 2 | 1,349 | $571 | 0.3 mi |
B 341 Morris Place Sold | $850,000 | 3 | 2 | 1,438 | $591 | 0.7 mi |
C 637 Carmelita Place Sold | $788,000 | 3 | 2 | 1,216 | $648 | 0.6 mi |
D 522 S 5th St Sold | $800,000 | 5 | 2 | 1,662 | $481 | 0.9 mi |
E 2201 Northside Active Under Contract | $739,500 List Price | 3 | 2 | 1,321 | $560 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1940, the property has undergone a comprehensive recent renovation within the last 5 years. It features a new roof, fresh interior/exterior paint, and a fully modernized kitchen with new shaker-style cabinetry, quartz countertops, and stainless steel appliances. The interior boasts current design trends including wide-plank laminate flooring, marble-look tile, recessed lighting, and updated fixtures, meeting the criteria for a fully renovated, move-in-ready home with no deferred maintenance.
The property features significant recent upgrades including a brand-new roof, fresh interior and exterior paint, and new kitchen cabinetry, significantly reducing immediate maintenance costs for the buyer.
With modern laminate and tile flooring throughout and a clean, updated aesthetic, this home is positioned as a turnkey opportunity suitable for immediate occupancy.
Ideally situated within Montebello, the home offers excellent proximity to schools, shopping centers, public transportation, and parks, providing high convenience for families and commuters.
Built in 1940, the property may have aging underlying systems such as plumbing or electrical that could require future modernization despite the recent cosmetic renovations.
The listing indicates no specific views, which may be a competitive disadvantage compared to other properties in the region that offer hillside or city light vistas.
After over 30 years with the same family, this charming, well-loved home is ready for a new chapter. Centrally located near schools, shopping, public transport, and parks, this beauty boasts fresh paint inside and out, new roof, new kitchen cabinets, and modern laminate/tile flooring. A must-see, move-in-ready property. This fantastic home is ready for its next owner don't miss this opportunity—easy to show—open house Saturday March 28 and Sunday March 29. See you there open to the public.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,445 | 1,493 | 46% |
| Lot Size | 5,425 | 6,211 | 25% |
| Price | $788.0K | $838.5K | 39% |
| Price per sq ft | $545 | $569 | 45% |
| Built year | 1940 | 1950 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 166 | 1% |
Mar 26, 2026
$788,000
Initial Listing
Dec 16, 1988
$141,000
Public Record