1829 Rainbow Terrace, Montebello, California 90640, Montebello, 90640 - 3 bed, 2 bath

1829 Rainbow Terrace, Montebello, California 90640 home-pic-0

1829 Rainbow Terrace

Montebello, California 90640

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,303Sq Ft
255,750Lot Size

Property Price

LIST PRICE$558,000

SUMMARY

Analysis of 1829 Rainbow Terrace, Montebello, California 90640 is currently available with a list price of $558,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1977, the property has undergone extensive recent renovations that meet current quality standards. Key upgrades include a remodeled kitchen with quartz countertops and a modern backsplash, fully updated bathrooms with new vanities and plumbing, new laminate flooring, recessed lighting, and smooth ceilings. The addition of dual-pane windows and partial copper plumbing indicates a comprehensive overhaul of both cosmetic and functional components, making it move-in ready with minimal physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Comprehensive Interior Upgrades

    The property is truly move-in ready, featuring extensive modern renovations including quartz countertops, new laminate flooring, remodeled bathrooms, and smooth ceilings.

  • Desirable End-Unit Layout

    As an end unit, this condo offers superior privacy and an attached garage with direct access, which are highly sought-after features in a multi-unit complex.

  • Strategic Location

    The home is ideally situated near the 60 freeway and major retail hubs like The Shops at Montebello and Costco, providing excellent convenience for commuters and shoppers.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =255750, other record lot size in square feet = 255675.

  • High Monthly HOA Fees

    The association fee of $482 per month is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some buyers.

  • Aging Infrastructure

    Despite the beautiful cosmetic updates, the 1977 construction may still have aging systemic components beyond the partial copper plumbing mentioned.

About 1829 Rainbow Terrace

Move-In Ready End Unit — Upgraded & Packed with Value! Welcome to this beautifully upgraded 3-bedroom, 2-bath end-unit condo in Montebello, offering privacy, style, and true move-in-ready comfort. This home features a cozy wood-burning fireplace, smooth ceilings with popcorn removed, and the convenience of an attached garage with direct access — upgrades buyers immediately appreciate. Inside, you’ll find new laminate flooring, recessed lighting, and updated fixtures throughout. The remodeled bathrooms include brand-new vanities, toilets, and tub/shower upgrades, plus new upstairs plumbing. The kitchen is enhanced with quartz countertops, a modern backsplash, metal accent behind the stove, and a brand-new dishwasher. Additional improvements include dual-pane windows, partial copper plumbing, mirrored master closet doors, new door hardware, and all new lighting. The HOA covers water, trash, recycling, and exterior maintenance, with access to the community pool located nearby. Conveniently located near the 60 freeway, Costco, In-N-Out, Home Depot, and The Shops at Montebello.

Property Details

Public Facts

Property Type
Condominium
Year Built
1977
Lot Size
255,750 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$482.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3031,339
44%
Lot Size255,75018,777
89%
Price$558.0K$580.0K
44%
Price per sq ft$428$449
26%
Built year19771977
50%
HOA$482.0$350
74%
Days on market23226
4%

Pricing History

Listed for Sale

Feb 11, 2026

$558,000

Initial Listing

Browse Properties by State Browse housing market trends by state