653 N Raywood, Montebello, California 90640, Montebello, 90640 - 3 bed, 1 bath
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Montebello, California 90640
This Multigenerational Value Buy is a Prime Investment Opportunity listed at $875,000—positioned well below the $899,000 Fair Market Value by 2%. This valuation gap offers $24,000 in Instant Equity for buyers. Featuring a Good Condition Rating, the residence includes a rare dual-kitchen layout, quartz countertops, and new laminate flooring. Situated within the Montebello Unified School District on a 6,620 sqft lot, the property provides significant lifestyle flexibility and a private backyard. It is an ideal acquisition for Owner-Occupants or multigenerational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 653 N Raywood Subject | $875,000* List Price | 3 | 1 | 1,664 | $526 | - |
A 633 N 6th Sold | $1,005,000 | 3 | 2 | 1,745 | $576 | 0.6 mi |
B 728 N 3rd Sold | $970,000 | 3 | 2 | 1,467 | $661 | 0.4 mi |
C 717 N Sanchez Sold | $852,000 | 3 | 2 | 1,321 | $645 | 0.1 mi |
D 132 N 2nd Street Sold | $830,000 | 4 | 2 | 1,816 | $457 | 0.8 mi |
E 605 E Avenida De La Merced Pending | $889,800 List Price | 4 | 2 | 1,506 | $591 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic upgrades, including brand new laminate flooring throughout, fresh interior paint, and new quartz countertops in the main kitchen. While the home dates back to 1947 and retains a vintage layout with only one bathroom, the inclusion of newer double-pane windows, well-maintained dual kitchens, and updated fixtures indicates a high level of care and recent investment in essential surfaces. It meets the 'Good' criteria as a well-maintained home with functional systems and modern aesthetic updates.
The unique inclusion of a second kitchen and a large family room provides exceptional flexibility for multigenerational living or hosting large gatherings.
The home features tasteful new upgrades including brand new laminate flooring, fresh interior paint, and quartz countertops, offering a move-in ready experience.
A generous 6,620 sqft lot features a private backyard with block walls and a detached two-car garage secured by a wrought iron gate for added privacy and safety.
Despite having three bedrooms and over 1,600 square feet of living space, the property only features one bathroom, which may be a challenge for larger households.
Built in 1947, the home may eventually require updates to older mechanical, electrical, or plumbing systems that are common in properties of this era.
Welcome to North Montebello! This charming home has been lovingly maintained by the same family for over 50 years and it is ready for its next chapter. Featuring 3 bedrooms and 1 bathroom, large family room and second kitchen. The home offers timeless details and tasteful new upgrades, including newer double pane windows, brand new beautiful natural color laminate flooring throughout, and new interior paint. The spacious living room and adjacent dining area provide a welcoming flow for family living. The main kitchen is equipped with a gas cooktop, oven, quartz counter tops and casual dining area, while a large family room with sliding doors to access the backyard makes entertaining easy! The second kitchen adjacent provides flexibility for multigenerational California living or entertaining for larger gatherings. Each bedroom is complete with a ceiling fan, and beautiful new laminate flooring that runs throughout the home for easy maintenance. Full bathroom features tile walls and flooring with a pedestal sink. Additional highlights include an enclosed patio, private and spacious backyard with block walls, and detached two car garage secured by a wrought iron gate. Excellent location near schools, shopping and public transportation. Don't miss out on this great opportunity to own this lovely home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,664 | 1,510 | 58% |
| Lot Size | 6,620 | 6,251 | 60% |
| Price | $875.0K | $839.8K | 60% |
| Price per sq ft | $526 | $569 | 40% |
| Built year | 1947 | 1950 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 166 | 19% |
Mar 4, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
Jan 24, 2026
$899,000
Initial Listing