940 N Orcutt, Montebello, California 90640, Montebello, 90640 - 3 bed, 2 bath
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Montebello, California 90640
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $867,925 Fair Market Value by 2%. This valuation gap provides $17,925 in Instant Equity for the incoming buyer. While maintaining a Condition Rating of 4 with original 1961 finishes, the property features a detached garage, a private patio, and a 6,920 sqft lot with significant ADU potential. Located in the Montebello Unified district, this property is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking to force appreciation through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 N Orcutt Subject | $850,000* List Price | 3 | 2 | 1,416 | $613 | - |
A 717 N Sanchez Sold | $852,000 | 3 | 2 | 1,321 | $645 | 0.4 mi |
B 1604 N Jerseydale Sold | $1,035,000 | 3 | 2 | 1,741 | $594 | 0.9 mi |
C 872 W Ashiya Sold | $770,000 | 3 | 2 | 1,523 | $506 | 0.9 mi |
D 425 Valera Drive Sold | $775,000 | 3 | 1 | 1,104 | $702 | 0.7 mi |
E 916 W Liberty Sold | $840,000 | 3 | 2 | 1,719 | $489 | 1.0 mi |
F 605 E Avenida De La Merced Pending | $889,800 List Price | 4 | 2 | 1,506 | $591 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1961 home that appears to be in mostly original condition. While the home is clean and functional, it features significantly outdated elements including a 1960s-style kitchen with original wood cabinetry, a bathroom with period-specific pink tiling, popcorn ceilings, and aged flooring such as parquet wood and green shag carpet. The listing description and property analysis confirm it requires extensive renovation and infrastructure updates to meet modern standards, though it remains livable in its current state.
Featuring 'great bones' and a detached garage on a generous 6,920 sqft lot, this property is an ideal candidate for expansion or an ADU conversion to maximize equity.
The property stands out with a massive, unique mango tree in the front yard and multiple mature fruit trees, providing immediate character and a lush outdoor atmosphere.
Situated in one of Montebello’s most desirable and well-established neighborhoods, the home offers long-term stability and strong resale appeal in a sought-after community.
Marketed as a 'perfect canvas' for renovation, the property likely requires a significant capital investment to modernize the interior and meet current market standards.
Built in 1961 with no mention of recent system upgrades, buyers should anticipate potential costs for updating older electrical, plumbing, or HVAC components.
Welcome to 940 N Orcutt Dr, Montebello, a home full of charm, character, and endless opportunity in one of Montebello’s desirable neighborhoods. With great bones and tons of potential, this property is the perfect canvas for a buyer looking to create something special. Situated on a generously sized lot, the home features a long driveway leading to a detached garage, offering ample parking and flexibility for future use. The outdoor space is a true highlight, with multiple fruit trees throughout the property and an impressive massive mango tree in the front yard that adds unique character and curb appeal. Whether you're a buyer looking to renovate, expand, or simply enjoy a home with strong fundamentals in a great location, this property delivers a rare opportunity to unlock serious value. Don’t miss the chance to own a home with so much upside in a well-established Montebello neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,416 | 1,480 | 46% |
| Lot Size | 6,920 | 6,231 | 69% |
| Price | $850.0K | $839.1K | 53% |
| Price per sq ft | $600 | $570 | 57% |
| Built year | 1961 | 1951 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 169 | 1% |
Apr 9, 2026
$850,000
Initial Listing