3413 W Beverly Boulevard, Montebello, California 90640, Montebello, 90640 - bed, bath

3413 W Beverly Boulevard, Montebello, California 90640 home-pic-0
ACTIVE$900,000
3413 W Beverly Boulevard, Montebello, California 90640
0Bed
0Bath
2,526Sqft
2,548Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Mixed-Use & Income Potential: The property offers a versatile mixed-use configuration with ground-floor retail/office space and an upstairs 2-bedroom/2-bath residential unit, allowing for owner-occupancy with rental income or dual rental streams. It is zoned for general commercial, accommodating various businesses like retail, office, medical, or food service.
Top Cons:
Age of Building: Built in 1948, the property is an older structure, which may imply potential for aging infrastructure, systems, or deferred maintenance despite recent renovations in the residential unit.

Compared to the nearby listings

Price:$900.0K vs avg $1.27M ($-375,000)25%
Size:2,526 sqft vs avg 3,377.5 sqft25%
Price/sqft:$356 vs avg $36550%

More Insights

Built in 1948 (77 years old).
Condition: While the upstairs residential unit has been nicely renovated with an upgraded kitchen (granite countertops, newer appliances) and modern bathrooms, the ground-floor commercial unit is in a state of significant disrepair and requires substantial rehabilitation. Images show exposed studs, unfinished walls, and a commercial kitchen with very old, worn cabinets and no visible countertops or appliances, indicating it is not functional. The commercial bathrooms are also very dated. Given the property's 1948 build year and the extensive work needed on the commercial portion, the overall condition of the property is poor, despite the residential improvements.
Year Built
1948
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$356
HOA
-
Days on market
-
Sold On
-
MLS number
IV25109159
Home ConditionPoor
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Great mixed-use commercial + residential building with retail/office space on the ground floor with excellent street exposure and excellent signage potential built into the façade of the structure Located on busy Beverly Blvd. and a great upstairs 2 bedroom / 2 bath apartment. Both units have two separate entrances at the front and rear of the two story building and, separate meters for all utilities (Gas, Water and Power). Gated parking at the rear of the property for 4 cars. The 2nd floor is a very nice residential unit for the retail / office owner or occupant or it can be rented out separately to a tenant for extra income. Ground level was previously used as an office space, with a reception desk, a conference room and several sub-divided open workstations or cubicles. The lower office / retail unit also has 2 bathrooms and a full kitchen. Upper unit has a separate entrance from the street and enters into a spacious living room with large windows and a skylight, and has another entrance at the rear of the building also. The upper unit is nicely renovated and has 2 bedrooms and 2 baths with a kitchen and a dining area. The kitchen has been upgraded with granite countertops and newer appliances and the separate laundry room upstairs has a washer & dryer hook ups. The whole property is very secure with cameras, gated windows and doors, private parking for 4+ cars wrought iron automatic gate with an alley entrance. High traffic in a prime location zoned for general commercial welcoming retail, office, medical, food service, etc. Confirm with the City of Montebello. Seller is motivated. Bring offers and let's get this one in escrow..

Price History

Date
Event
Price
12/30/21
Sold
$699,000
03/05/20
Sold
$540,000
08/14/08
Sold
$585,000
03/22/04
Sold
$459,000
Condition Rating
Poor

While the upstairs residential unit has been nicely renovated with an upgraded kitchen (granite countertops, newer appliances) and modern bathrooms, the ground-floor commercial unit is in a state of significant disrepair and requires substantial rehabilitation. Images show exposed studs, unfinished walls, and a commercial kitchen with very old, worn cabinets and no visible countertops or appliances, indicating it is not functional. The commercial bathrooms are also very dated. Given the property's 1948 build year and the extensive work needed on the commercial portion, the overall condition of the property is poor, despite the residential improvements.
Pros & Cons

Pros

Mixed-Use & Income Potential: The property offers a versatile mixed-use configuration with ground-floor retail/office space and an upstairs 2-bedroom/2-bath residential unit, allowing for owner-occupancy with rental income or dual rental streams. It is zoned for general commercial, accommodating various businesses like retail, office, medical, or food service.
Prime Commercial Location: Situated on busy Beverly Blvd. in a high-traffic area, the property benefits from excellent street exposure and signage potential, crucial for commercial success.
Independent Units & Utilities: Both the commercial and residential units feature separate entrances (front and rear) and individual meters for all utilities (gas, water, power), ensuring operational independence and simplified tenant management.
Renovated Residential Unit: The upstairs residential unit is nicely renovated with an upgraded kitchen (granite countertops, newer appliances), spacious living room with large windows and a skylight, enhancing its appeal for residents or tenants.
Enhanced Security & Parking: The property is secured with cameras, gated windows and doors, and offers private, gated parking for 4+ cars via an automatic wrought iron gate with alley access, providing convenience and safety for occupants and customers.

Cons

Age of Building: Built in 1948, the property is an older structure, which may imply potential for aging infrastructure, systems, or deferred maintenance despite recent renovations in the residential unit.
Limited Lot Size: With a building footprint (2526 sqft) very close to the lot size (2548 sqft), there is minimal outdoor space, which could be a drawback for certain commercial uses or residential preferences.
Zoning Confirmation Required: While described as general commercial, the listing explicitly advises buyers to 'Confirm with the City of Montebello,' indicating that specific intended uses may require due diligence or verification.

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