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Listed by RAY DURAN, JR. • WEDGEWOOD HOMES REALTY
$1,699,000
Est. payment /mo
3,021 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,021 sqft
Price per Sqft $562
MLS Listing ID CRMB25037199
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1931
Lot Size 0.752 Acres
Property Sub-Type Quadruplex
Property 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,
Location
State CA
County Los Angeles
Interior
Heating Floor Furnace, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Other
Exterior
View None
Building
Lot Description Other, Back Yard, Front Yard
Water Public
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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