264 E Beverly A, Montebello, California 90640, Montebello, 90640 - 3 bed, 3 bath
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Montebello, California 90640
This property presents a Strong Value Opportunity with a List Price of $524,000—positioned well below the $546,580 Fair Market Value by 4%. This valuation gap offers $22,580 in Instant Equity for buyers. Featuring a Fair Condition Rating, the unit requires cosmetic modernization, providing a clear path to forced appreciation. With a 2-car attached garage and private balcony, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, value-add property in a central commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 264 E Beverly A Subject | $524,000* List Price | 3 | 3 | 1,234 | $443 | - |
A 320 N Montebello Sold | $555,000 | 2 | 2 | 1,007 | $551 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (37 years old) with original kitchen and bathrooms. The property features dated oak cabinetry, fluorescent light boxes, and laminate vanities. The listing description explicitly notes the need for a buyer to bring the property up-to-date, indicating a need for a full cosmetic rehab.
The property is centrally located with immediate access to the 60, 605, 710, and 5 freeways, making it an ideal hub for professionals commuting throughout Los Angeles County.
Featuring a well-proportioned 3-bedroom floor plan and a 2-car attached garage, the home offers a practical and secure living arrangement that is highly sought after in gated communities.
Priced competitively, this unit presents a significant opportunity for investors or owner-occupants to build equity by modernizing the interior and adding personal cosmetic touches.
The property is noted as needing updates to bring it up to current market standards, which will require an additional capital investment from the buyer immediately after purchase.
At 1,234 square feet for a three-bedroom residence, the interior living spaces may feel somewhat restrictive for families requiring larger common areas or expansive rooms.
Spacious 3-bedroom, 2.5-bath townhouse with private balcony located in a gated community in the heart of Montebello. This home features a 2-car attached garage, functional floor plan, primary bedroom with en-suite and excellent potential for a buyer ready to add their personal touch and bring this property up-to-date. A great value opportunity not to be missed. Community amenities include gated access and relaxing hot spa. Conveniently located near The Shops at Montebello, Montebello Town Center, dining, shopping, Montebello Municipal Golf Course, parks, schools, and public transportation. Easy access to the 60, 605, 710, and 5 freeways provides a central location for commuters throughout Los Angeles County. Great opportunity for owner-occupants or investors seeking value in a desirable Montebello location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,234 | 1,380 | 40% |
| Lot Size | 82,514 | 1,147 | 80% |
| Price | $524.0K | $580.0K | 20% |
| Price per sq ft | $425 | $425 | 50% |
| Built year | 1989 | 1989 | 50% |
| HOA | $327.36 | $334 | 40% |
| Days on market | 23 | 226 | 20% |
May 22, 2026
$524,000
Initial Listing
Nov 7, 2001
$170,000
Public Record