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Listed by Jonathan Munoz • HomeSmart, Evergreen Realty
$ 1,499,999
Est. payment /mo
Coming Soon
525 North 3rd Street Montebello, CA 90640
5 Beds
5 Baths
3,365 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Coming Soon
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
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. The current configuration, which the sellers inherited when they bought the property, features five one-bedroom, one-bath units that have been rented this way for decades, providing stable income and long-term value. 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
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944