
Montebello, California 90640
This Residential Income Quadruplex represents a strategic Value-Add Asset with a List Price of $1,199,000, positioned near its $1,162,674 Fair Market Value. Comprising four 2-bedroom, 1-bathroom units on a generous 7,315 square foot lot, the property offers immediate stability via long-term tenants in a high-demand Montebello submarket. Given the Condition Rating of 5 and the "As-Is" sale requirement, the asset provides a clear path for forced appreciation through future capital improvements. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to secure a multi-unit footprint with significant rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 S 6th Subject | $1,199,000* List Price | 0 | 0 | 3,630 | $320 | - |
A 552 S 6th S Sold | $965,000 | 0 | 0 | 3,325 | $290 | 0.2 mi |
B 804 W Madison Sold | $950,000 | 0 | 0 | 2,398 | $396 | 0.7 mi |
C 128 N 1st Street Sold | $1,400,000 | 0 | 0 | 4,549 | $308 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1975, making it 49 years old. The listing explicitly states 'PROPERTY TO BE SOLD AS IS WITH TENANTS NO REPAIRS,' indicating significant deferred maintenance and no recent updates. While no interior images are provided, the age and 'as-is' condition strongly suggest that kitchens, bathrooms, appliances, and major systems are likely original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards. The exterior photos show a dated building with visible wear and tear, consistent with its age and lack of recent investment.
This quadruplex is a dedicated residential income property, offering four spacious 2-bedroom, 1-bathroom units, ideal for generating passive income.
Situated in a 'well area of Montebello,' the property boasts easy access to major shopping centers and is described as a 'very safe and nice area,' enhancing its rental appeal.
The units are currently rented to 'long time tenants,' suggesting a stable occupancy history and consistent rental income stream for a new owner.
The property is explicitly sold 'as is' with 'no repairs' from the seller, indicating that the buyer will be responsible for any necessary maintenance, upgrades, or deferred repairs.
While stable, the presence of 'long time tenants' and the 'no repairs' clause may limit immediate opportunities for rent increases or significant renovations without navigating tenant rights and lease agreements.
Built in 1975, the building is older, which could imply potential for aging infrastructure, systems, or cosmetic updates that may require future capital expenditures.
A desirable 4 - unit apartment building in a well area of montebello. This building offers 4 apartments each of one is a spacious 2 bedroom 1 bathroom, rented to a long time tenants. This property offers an incredible opportunity for investors or owner occupants looking to generate passive income in a high demand area. Located close to major shopping centers easy access very safe and nice area property will not last long.PROPERTY TO BE SOLD AS IS WITH TENANTS NO REPAIRS
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,630 | 2,974 | 75% |
| Lot Size | 7,315 | 6,643 | 75% |
| Price | $1.20M | $1.07M | 67% |
| Price per sq ft | $330 | $375 | 33% |
| Built year | 1975 | 1960 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 160 | 17% |
Jan 7, 2026
$1,199,000
$1,249,000
-4% Price Drop
Initial Listing
Dec 11, 2025
$1,249,000
Initial Listing