717 South. Greenwood Ave., Montebello, CA 90640 - MB25037199 - iPro Real Estate

717 South. Greenwood Ave.
Montebello, CA 90640

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,699,000 $51.84 per sqft

Free Professional CMA

Listing ID : MB25037199

  • Garage

    3
  • Lot Size

    32,775 Sqft
  • Year

    1931

Description

One-of-a-Kind Investor-Developer Opportunity in Montebello. Presenting a rare and exceptional investment opportunity in the heart of Montebello! This expansive, multi-use property offers immense potential for development, with a large Spanish-style residence, a vacant portion of the lot, and an income-producing triplex, all on one parcel. The main residence features a charming 3-bedroom, 2-bath layout with classic Spanish architectural details. It boasts a huge backyard with ample space for outdoor living, plus plenty of parking for vehicles or RVs-an ideal space for those seeking a private retreat or looking to expand the property. The property also includes a vast, vacant portion of the lot, offering prime space for future development. Whether you're considering building additional dwellings, adding accessory dwelling units (ADUs), or exploring other development opportunities, the potential here is boundless. On the opposite side of the lot, includes a triplex generating steady rental income, providing immediate returns. Each unit has its own private outdoor patio, with a convenient 3-car garage and additional driveway space for parking. A shared laundry facility adds to the appeal for tenants and ensures low-maintenance operation. With its combination of residential charm, dev

Details

Type: Multi-Family/Income Sale 
Subdivision: 674 - Montebello 
County: Los Angeles 
Tax ID: 6353008025
Days on Market: 4 
AltCal ID: CRMB25037199 
Laundry: Other 
Number of Buildings: 2 
Number of Units: 4 
Parking Spaces: 3 
Property Condition: 17  
Property Type: Commercial Sale 
Roof: Composition 
Sub Type: Fourplex 
View: None 
Water: District - Public 

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34.000736 -118.116425 $1,699,000 MB25037199
717 South. Greenwood Ave., Montebello, CA 90640
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Listed by RAY DURAN, JR. with WEDGEWOOD HOMES REALTY

Based on information from the MLSListings MLS) as of 2/22/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/22/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes