932 S Montebello Boulevard, Montebello, California 90640, Montebello, 90640 - bed, bath
932 S Montebello Boulevard
Montebello, California 90640
Property Price
SUMMARY
Analysis of 932 S Montebello Boulevard, Montebello, California 90640 is currently available with a list price of $1,499,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Montebello Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1950, this property is over 70 years old with no indication of major renovations. The exterior images show dated structures and minimal upkeep. The AI-generated analysis explicitly notes 'Property Age & Potential for Updates' and the need for 'significant capital expenditures for system upgrades, deferred maintenance, or modernization.' Without interior photos, especially of kitchens and bathrooms, it's highly probable these areas are original or very outdated, requiring substantial repairs and rehabilitation to meet current standards. While occupied and generating income, the property's age and lack of evident updates suggest major components are likely at or past their expected lifespan, aligning with a 'poor' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Generation
This triplex is fully occupied and explicitly stated to be generating strong, reliable monthly income, making it an immediate cash-flow asset for investors.
- Significant Lot Size & Development Potential
The property sits on a massive lot of over 15,383 square feet, offering substantial potential for future expansion, additional units, or redevelopment in a desirable area.
- Prime Montebello Location
Conveniently located in a desirable Montebello neighborhood, providing easy access to schools, shopping centers, and major freeways, enhancing tenant appeal and property value.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Updates
Built in 1950, the property is over 70 years old, which may imply the need for significant capital expenditures for system upgrades, deferred maintenance, or modernization of units to maximize rental income and tenant satisfaction.
- Recent Price Reductions
The property has undergone multiple price reductions from its initial listing price, which could indicate overpricing or challenges in attracting buyers at previous price points.
- Ongoing Management & Maintenance
As a multi-unit income property, it requires ongoing active management, including tenant relations, routine maintenance, and potential turnover costs, which can be a significant commitment for an owner.
About 932 S Montebello Boulevard
This triplex offers a total of 3,102 square feet of living space, each with its own address, situated on a massive lot of over 15,383 square feet. The property consists of multiple rental units generating strong monthly income, great for investors seeking long-term returns or to develop. Each unit has a garage for parking and storage. All units are occupied with reliable income. Situated in a desirable Montebello neighborhood, this property is conveniently located near schools, shopping centers, and major freeways, ensuring easy access to all that the area has to offer
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1950
- Lot Size
- 15,383 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,102 | 2,686 | 71% |
| Lot Size | 15,383 | 6,265.5 | 93% |
| Price | $1.50M | $1.01M | 93% |
| Price per sq ft | $483 | $424 | 64% |
| Built year | 1950 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 291 | 236 | 71% |
Pricing History
Listed for Sale
Nov 30, 2025
$1,499,000
$1,549,000
-3% Price Drop
Initial Listing
Price Change
Aug 10, 2025
$1,549,000
Initial Listing
Price Change
May 19, 2025
$1,599,000
Initial Listing
Sold
Jan 6, 2016
$730,000
Public Record
Sold
Apr 29, 2002
$345,000
Public Record