1516 W Beverly Terrace, Montebello, CA 90640
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1516 W Beverly Terrace,Montebello, CA 90640
$870,000
- - Beds
- - Baths
- 1,840 sq. ft.
- Multi-family
- Active
Listed by:joe napoli
Office:re/max innovations
MLS#:CV25199910
Source:CRMLS
Price summary
- Price:$870,000
- Price per sq. ft.:$472.83
About this home
They say it’s what’s on the inside that counts—and 1516 W. Beverly Terrace in Montebello proves it! Step onto the property and you’ll immediately notice the signs of care: dual-pane windows, copper plumbing, sewer cleanouts, and a solid roof that gives peace of mind. Sure, it could use a little cosmetic polish, but beneath the surface lies a triplex full of potential. For an owner-user, it’s a chance to put your personal touch on a well-maintained property in a prime location. For an investor, it’s a golden opportunity: two units are already occupied by long-term tenants, while the third is ready for a new tenant of your choice. Public records show three one-bedroom, one-bath units, but one has been expanded into a two-bedroom, opening the door to even greater rental income. Don’t forget the garages—currently used for storage by the landlord, but easily converted into additional income streams. And here’s the kicker: aside from California’s state rent control requirements, there are no additional City of Montebello rent control restrictions—a huge advantage for investors. This is a trust sale, so expenses are estimated, but the value is undeniable. Whether you’re looking for a home with income potential or an addition to your portfolio, 1516 W. Beverly Terrace is a must-see.
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Home facts
- Year built:1948
- Listing ID #:CV25199910
- Added:1 day(s) ago
- Updated:September 05, 2025 at 08:25 PM
Rooms and interior
- Living area:1,840 sq. ft.
Structure and exterior
- Roof:Common Roof, Composition
- Year built:1948
- Building area:1,840 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$870,000
- Price per sq. ft.:$472.83
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