701 W Madison Avenue, Montebello, CA 90640

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
701 W Madison Avenue,Montebello, CA 90640
$2,300,000
  • 9 Beds
  • 8 Baths
  • 5,693 sq. ft.
  • Multi-family
  • Active
Listed by:shant sherbetdjian
Office:remax commercial and investment realty
MLS#:25591067
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$404

About this home

We are pleased to present this rare North Montebello investment opportunity. Ideally located between Beverly Boulevard and Whittier Boulevard, the property offers residents convenient access to shopping, dining, and community amenities. Owned and meticulously maintained by the same family since 1987, this asset is being offered for sale for the first time in 38 years. The property features eight oversized units within two side-by-side fourplexes, providing spacious living accommodations and true pride-of-ownership appeal. Positioned on two separate parcels, each unit includes private garage parking with potential for additional value through ADU development. All units are separately metered for gas and electricity and include individual water heaters, ensuring efficient utility management and reduced operating expenses. The electrical panels have been fully upgraded, eliminating costly concerns for future ownership. Situated on a prominent corner lot, the property boasts excellent

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Home facts

  • Year built:1951
  • Listing ID #:25591067
  • Added:4 day(s) ago
  • Updated:September 16, 2025 at 01:37 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Living area:5,693 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:5,693 sq. ft.
  • Lot area:0.33 Acres

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$404
Based on information from California Regional Multiple Listing Service, Inc. as of September 16, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.