904 Raywood Place, Montebello, California 90640, Montebello, 90640 - 3 bed, 3 bath
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Montebello, California 90640
This Single Family Residence presents a Strong Value Opportunity, listed at $888,000—positioned well below the $985,778 Fair Market Value by 9%. This valuation gap offers $97,778 in Instant Equity for buyers. With a Condition Rating of 4, the property requires modernization, yet features a private pool, cul-de-sac location, and a flexible den. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 904 Raywood Place Subject | $888,000* List Price | 3 | 3 | 1,681 | $586 | - |
A 940 N Orcutt Sold | $900,000 | 3 | 2 | 1,416 | $636 | 0.1 mi |
B 605 E Avenida De La Merced Sold | $945,000 | 4 | 2 | 1,506 | $627 | 0.2 mi |
C 1604 N Jerseydale Sold | $1,035,000 | 3 | 2 | 1,741 | $594 | 0.9 mi |
D 717 N Sanchez Sold | $852,000 | 3 | 2 | 1,321 | $645 | 0.3 mi |
E 1001 W Yorktown Sold | $1,128,000 | 3 | 3 | 1,854 | $608 | 0.9 mi |
F 916 W Liberty Sold | $840,000 | 3 | 2 | 1,719 | $489 | 0.9 mi |
G 713 N Orcutt Pending | $930,000 List Price | 4 | 2 | 1,600 | $581 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 and held by the same owner for 28 years, the property is significantly dated. The exterior shows signs of deferred landscape maintenance, and the lack of mentioned upgrades suggests the kitchen, bathrooms, and core systems are likely 25+ years old, requiring modernization and minor repairs to meet current market standards.
Situated on a quiet cul-de-sac in an elevated pocket of Montebello, the property offers a rare sense of seclusion and minimal traffic, ideal for families seeking a peaceful environment.
The home features a versatile layout with three full bathrooms and a den that can function as a fourth bedroom, providing excellent utility and adaptability for growing households.
The property includes a private pool and garden area on a spacious 7,454 sqft lot, offering significant value for outdoor entertainment and Southern California living.
With the property being on the market for the first time in 28 years, buyers should anticipate the need for cosmetic or functional updates to modernize the 1960s-era interior.
While marketed as having a flexible 4th bedroom option, the official listing records 3 bedrooms, which may impact buyer perception or appraisal valuations depending on the den's legal status.
Located in a quiet, slightly elevated pocket of Montebello, 904 Raywood Pl offers a rare sense of privacy and calm on a low-traffic cul-de-sac street. On the market for the first time in 28 years, the home features 3 full bathrooms and a flexible family room/den that can be used as a 4th bedroom. The functional layout flows well for everyday living, while the backyard includes a pool and a small garden area for added enjoyment. Conveniently located on the north side of Montebello near Monterey Park and easy freeway access, you’re also just minutes from The Shops at Montebello. La Merced Elementary School and La Merced Intermediate School are both within close reach, making everyday routines simple. With no HOA and no Mello Roos, this is a great opportunity! Come see it in person!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,681 | 1,445 | 64% |
| Lot Size | 7,454 | 6,211 | 81% |
| Price | $888.0K | $832.0K | 61% |
| Price per sq ft | $528 | $580 | 33% |
| Built year | 1960 | 1950 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 143 | 3% |
May 6, 2026
$888,000
Initial Listing
Jun 16, 1998
$230,000
Public Record