
Montebello, California 90640
This property represents a High-Potential Investment Opportunity, listed at $742,000—positioned well above the $718,926 Fair Market Value by 3%. While the price reflects a premium, the Detached Studio Unit provides significant income potential or multi-generational utility. Featuring a Fair Condition Rating, the home includes a Remodeled Bathroom and Granite Kitchen, though it requires modernization of HVAC and windows. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a property with flexible rental income capabilities in a desirable Montebello location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 468 Via Vista Subject | $742,000* List Price | 3 | 1 | 1,004 | $716 | - |
A 445 Via Miramonte Sold | $761,445 | 2 | 1 | 952 | $800 | 0.5 mi |
B 3016 W Via Corona Sold | $705,000 | 3 | 1 | 910 | $775 | 0.1 mi |
C 2429 W Cleveland Avenue Sold | $600,000 | 3 | 1 | 982 | $611 | 0.6 mi |
D 2204 W Victoria Sold | $760,000 | 3 | 2 | 1,276 | $596 | 0.8 mi |
E 537 N Orah Avenue Sold | $800,000 | 3 | 2 | 1,224 | $654 | 0.3 mi |
F 413 Brady Avenue Sold | $717,000 | 2 | 2 | 1,024 | $700 | 0.1 mi |
G 125 N 21st Sold | $750,000 | 3 | 1 | 1,096 | $684 | 0.9 mi |
H 2225 Easton Street Pending | $599,000 List Price | 2 | 1 | 968 | $619 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this property is dated but functional. While the bathroom has been recently remodeled and the kitchen features granite countertops, the home still utilizes older wall heaters rather than central HVAC, has aged windows, and shows wear on the original hardwood floors. The detached studio and exterior concrete also show signs of age requiring minor repairs.
The detached studio unit with its own kitchen and bathroom offers excellent flexibility for rental income, a guest house, or multi-generational living.
Situated on a spacious corner lot, the property provides enhanced privacy, a detached 2-car garage with side-street access, and a low-maintenance backyard.
The main residence features key updates, including a remodeled bathroom with quartz countertops and a tile walk-in shower, plus granite surfaces in the kitchen.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5228, other record lot size in square feet = 4974. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1004, other record living area = 1401. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With three bedrooms and only one bathroom in the main house, the layout may be restrictive for larger families or modern buyer expectations.
The property has been on the market for 99 days and required a significant $56,000 price reduction, which may indicate initial overpricing or buyer hesitation.
NEW PRICE ADJUSTMENT! 3-bedroom, 1-bathroom home situated on a large corner lot in desirable Montebello neighborhood! PLUS A DETACHED studio unit (“summer house”) offers its own kitchen and bathroom, providing flexibility for guests, extended family, or potential rental income. Buyer to do their due diligence. The main house includes some thoughtful upgrades, such as a remodeled bathroom with quartz countertops and a tile walk-in shower, and granite countertops in the kitchen. Outside, the property features a spacious front yard, a low-maintenance backyard with covered patio area. There is also a detached 2-car garage with side entrance off of the side street + Shed for additional storage space. Conveniently located near shopping, dining, schools, parks, gym, and freeway access. Must see to appreciate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,004 | 1,468.282 |
| Lot Size | 5,228 | 6,346.769 |
| Price | $742.0K | $836.1K |
| Price per sq ft | $739 | $568 |
| Built year | 1942 | 1955 |
| HOA | $0 | $725 |
| Days on market | 142 | 55 |
Jul 10, 2026
$742,000
$798,000
-7% Price Drop
Initial Listing
Apr 20, 2026
$798,000
Initial Listing
Oct 22, 1999
$167,000
Public Record