
Montebello, California 90640
This Spacious Traditional Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $850,429 Fair Market Value by 6%. This valuation gap provides $51,429 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 4, the 1,802-square-foot interior features original hardwood floors, a stone fireplace, and a versatile loft area. The property offers excellent entertaining potential with a covered patio and strategic access to the 60 freeway and Montebello Unified schools. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 724 Simmons Subject | $799,000* List Price | 4 | 2 | 1,802 | $472 | - |
A 725 Hendricks Sold | $795,000 | 2 | 2 | 1,464 | $543 | 0.2 mi |
B 637 Leonard Street Sold | $838,500 | 3 | 2 | 1,762 | $476 | 0.2 mi |
C 833 Findlay Avenue Sold | $839,800 | 4 | 2 | 1,568 | $536 | 0.3 mi |
D 605 Hay Street Pending | $749,999 List Price | 3 | 2 | 1,411 | $532 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1941 and shows signs of a renovation likely performed 20-30 years ago. While the home features 'newer windows' and well-maintained original hardwood floors, the kitchen and bathrooms are dated with older oak cabinetry and 90s-style tile work. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
With 1,802 square feet of living space, this four-bedroom home features an open floorplan, a dedicated family room, and a unique loft area, offering significant functional space for a growing family.
The property is ideally situated near the 60, 710, and 605 freeways, providing rapid access to Downtown Los Angeles and proximity to popular amenities like Topgolf and local shopping.
The home boasts excellent indoor-outdoor flow with a large sliding glass door leading to a covered patio and backyard, complemented by a multi-car driveway and a two-car garage with utility hookups.
Built in 1941, the property may require significant updates to its core systems, such as plumbing or electrical, to meet modern standards despite having newer windows.
The 5,742 square foot lot is relatively compact for a four-bedroom residence, which may limit options for significant outdoor expansion or large-scale landscaping.
This 4 bedroom 2 bathroom home in quiet, desired area of Montebello, features a cool and breezy open floorplan with plenty of natural light, spacious dinning/living areas, a cornered breakfast nook area with windows, Family room with large sliding glass door that leads to covered patio, newer windows, hardwood floors, stone fire place, two walk in shower bathrooms, two upstairs bedrooms with loft area, covered patio and back yard great for entertaining, multi car driveway, two car garage with utility sink/running water, very close to various shopping and dinning, TOP golf/golf course and is conveniently located near 60 fwy between 710 and 605 fwys, minutes from down town L.A.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,802 | 1,501.5 | 66% |
| Lot Size | 5,742 | 6,196 | 32% |
| Price | $799.0K | $834.2K | 44% |
| Price per sq ft | $443 | $568 | 15% |
| Built year | 1941 | 1950 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 169 | 1% |
Apr 16, 2026
$799,000
Initial Listing
Jun 4, 1998
$188,000
Public Record