344 N 1st Street, Montebello, California 90640, Montebello, 90640 - 2 bed, 1 bath
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Montebello, California 90640
This Value-Add Residential Asset is listed at $666,650, compared to a $588,648 Fair Market Value based on current automated modeling. Despite the pricing gap, the property holds a Poor Condition Rating, signaling a prime opportunity for forced appreciation through a comprehensive interior renovation. Key highlights include a Spacious Corner Lot and a Detached 2-Car Garage with significant ADU Potential. Its strategic location directly across from Adventist Health Hospital ensures high rental demand. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 344 N 1st Street Subject | $666,650* List Price | 2 | 1 | 888 | $663 | - |
A 1325 Charleston Sold | $615,000 | 2 | 1 | 828 | $743 | 0.9 mi |
B 425 Valera Drive Sold | $775,000 | 3 | 1 | 1,104 | $702 | 0.4 mi |
C 116 S 3rd Street Sold | $700,000 | 2 | 1 | 1,047 | $669 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this property is explicitly described as a 'fixer-upper' requiring 'TLC' and 'updates.' The images confirm this, showing a kitchen with severely outdated cabinets, countertops, and appliances, and a bathroom in very poor condition with peeling paint, an old vanity, and significant wear. Flooring throughout is a mix of worn carpet, old tile, and dated hardwood. Heating is via a wall heater, and cooling appears to be window units. The overall condition indicates a need for substantial repairs and rehabilitation, particularly in the key areas of the kitchen and bathroom, aligning with the 'poor' criteria.
Directly across from Adventist Health Hospital, offering unique appeal for healthcare professionals, quick medical access, and strong rental income potential.
Centrally located with convenient access to amenities, shopping, dining, and major roadways, making everyday living a breeze.
Situated on a spacious, flat corner lot, providing ample outdoor space and potential for landscaping or expansion.
The property is described as a 'fixer-upper' requiring 'TLC' and updates, necessitating additional investment and effort from the buyer.
Built in 1946, the home likely features older systems, infrastructure, and finishes that may require modernization or replacement.
With only 888 sq ft and 2 bedrooms/1 bathroom, the interior living area is relatively small, which might limit its appeal to larger families or those desiring more space.
Discover this charming fixer-upper gem perfectly situated on a spacious flat corner lot! This cozy 2-bedroom, 1-bathroom home offers nearly 900 sq ft of living space with a smart, well-thought-out layout that's ready for your personal touch and updates. Enjoy the freedom of no HOA, plus the added bonus of a detached 2-car garage for parking, storage, potential ADU, or your next project. Best of all, its unbeatable location places you directly across from Adventist Health Hospital -- ideal for healthcare professionals, families, quick access to medical services, or strong rental potential. With some TLC, this property holds fantastic opportunities! Finally, this home is centrally located with easy access to amenities, shopping, dining, and major roadways, making everyday living a breeze.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 888 | 1,480 | 9% |
| Lot Size | 5,465 | 6,196 | 26% |
| Price | $666.6K | $834.2K | 18% |
| Price per sq ft | $751 | $570 | 85% |
| Built year | 1946 | 1950 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 169 | 24% |
Jan 14, 2026
$666,650
Initial Listing