1504 W Beverly Boulevard, Montebello, CA 90640
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1504 W Beverly Boulevard,Montebello, CA 90640
$1,050,000
- 7 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by:shant sherbetdjian
Office:remax commercial and investment realty
MLS#:25569469
Source:CRMLS
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Price summary
- Price:$1,050,000
About this home
**Price Reduced $140,000 | 13.06 GRM** Proudly offered for the first time in over 40 years, this plenty of value add opportunity for this 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.
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Home facts
- Year built:1955
- Listing ID #:25569469
- Added:67 day(s) ago
- Updated:September 30, 2025 at 03:39 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1955
Finances and disclosures
- Price:$1,050,000
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