
Montebello, California 90640
This Value-Add Residential Asset is listed at $685,000, representing a stable entry point aligned with its $685,709 Fair Market Value. Currently holding a Condition Rating of 5, the structure requires a comprehensive overhaul of its 1942 systems, including the roof, electrical, and foundation. The primary value lies in the 6,535 Square Foot Lot and its location within the Montebello Unified district, providing ample space for an ADU or significant expansion. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to force appreciation in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 409 Brady Subject | $649,000* List Price | 2 | 1 | 1,044 | $635 | - |
A 125 N 21st Sold | $750,000 | 3 | 1 | 1,096 | $684 | 0.9 mi |
B 249 Simmons Sold | $650,000 | 2 | 1 | 945 | $688 | 0.8 mi |
C 424 N Via Val Verde Sold | $595,000 | 2 | 1 | 973 | $612 | 0.7 mi |
D 2429 W Cleveland Avenue Sold | $600,000 | 3 | 1 | 982 | $611 | 0.6 mi |
E 468 Via Vista Active | $798,000 List Price | 3 | 1 | 1,004 | $795 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942 with no recent renovations, the property exhibits major safety and structural concerns including foundation issues, outdated electrical/plumbing systems, and an aging roof. It is marketed as a full rehabilitation project.
The property offers significant upside potential for investors or contractors to add value through a comprehensive renovation in a competitive market.
Situated in a well-established Montebello neighborhood, the location provides a stable and desirable setting for future homeowners.
The 6,535 square foot lot provides ample space for potential home expansion, outdoor living areas, or the addition of an Accessory Dwelling Unit (ADU).
The home requires major rehabilitation, including addressing an aging roof, plumbing and electrical issues, and potential foundation concerns.
Due to its current physical condition, the property may not qualify for conventional financing, likely requiring a cash purchase or private money loan.
Fixer opportunity in a well-established Montebello neighborhood. This single-family residence is in need of significant rehabilitation and is being sold in its current AS-IS condition. Property exhibits deferred maintenance throughout, including known plumbing and electrical issues, an aging roof (25+ years), and potential foundation concerns. Due to condition, the property may not qualify for conventional financing. Ideal for investors, contractors, or buyers seeking a full renovation project. Buyer to conduct their own due diligence regarding condition, permits, and feasibility of repairs. Great upside potential for those ready to restore and add value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,044 | 1,438 | 28% |
| Lot Size | 6,535 | 6,211 | 58% |
| Price | $649.0K | $831.0K | 12% |
| Price per sq ft | $622 | $580 | 63% |
| Built year | 1942 | 1950 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 143 | 3% |
Jun 2, 2026
$649,000
$685,000
-5% Price Drop
Initial Listing
Apr 27, 2026
$685,000
Initial Listing
Feb 1, 2017
$265,000
Public Record