525 North 3rd Street Active

Montebello,CA 90640

$ 1499999

5 Beds

5 Baths

3365 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,365 sqft

Price per Sqft $445

MLS Listing ID OC-25191867

Bedrooms 5

Full Baths 5

Year Built 1958

Lot Size 6,800 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Rare quadruplex opportunity in the heart of Montebello—available for the first time in over 40 years! Offering 3,365 sq. ft. of living space on a 6,800 sq. ft. lot, this pride-of-ownership property blends strong rental potential with recent upgrades. Recent Improvements include a new roof, and a fresh exterior paint job on both the building and garage structures, enhancing curb appeal and reducing near-term maintenance. On-site garage parking plus additional street parking adds convenience for residents. Public records reflect the property as a 4-unit dwelling. However, the property has functioned with 5 separate units during the sellers' ownership. The sellers purchased the property in this condition and inherited the configuration as it exists today. All units are tenant occupied. This is an ideal opportunity for an owner-occupant—live in one unit while generating income from the others—or for an investor seeking consistent rents and appreciation in a high-demand market. Centrally located with easy access to the 605, 60, and 5 freeways, this property offers quick connections to Downtown Los Angeles (just 13 miles away). Families will love the nearby parks, zoo, athletic fields, and enjoy the benefits of being a part of the Montebello school district. Local attractions include the Citadel Outlets (4 miles), The Commerce Casino & Hotel (4 miles), and a vibrant dining scene highlighted by authentic Mexican and Latin American cuisine. Montebello's rich cultural heritage and central location make it an exciting place to both live and invest. Don't miss out on this great opportunity!

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3YY

Interior

Cooling None

Fireplaces Type See Remarks

Laundry None

Exterior

Garage Spaces 5.0

Pool None

Community Features Biking,Park

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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