CA > Montebello
Montebello, CA 90640,140 N Greenwood AVE
Montebello, CA 90640,140 N Greenwood AVE
Montebello, CA 90640,140 N Greenwood AVE
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$950,000
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6,351 Sqft Lot
Price Dropped by $25K

140 N Greenwood AVE Montebello, CA 90640

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25106389

HOA Y/N No

Year Built 1939

Lot Size 6,351 Sqft

Property Sub-Type Duplex

Property Description

Prime Investment Opportunity with ADU potential in the City of Montebello! This tenant-occupied duplex in the heart of Montebello is a great opportunity for investors seeking immediate and stable rental income. With a total of 1,556 sq ft, the property features two units: a front unit with 2 bedrooms and 1 bathroom, currently occupied by a reliable Section 8 tenant providing consistent, government-backed payments, and a rear unit with 1 bedroom and 1 bathroom, also tenant-occupied. The property is being sold with tenants in place, offering turnkey cash flow from day one and eliminating the hassle of vacancy or lease-up. Both units are separately metered except for water, and offer solid layouts with potential for value-add improvements. In addition, the detached 2-car garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), providing an opportunity to increase rental income and maximize property value. Located near shopping, dining, schools, and major freeways, this Montebello duplex sits in a strong rental market and is a smart addition to any investor's portfolio.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3YY

Interior

Heating Central, Fireplace(s)

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6345022006

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Robert Zuniga Re/Max Top Producers re@robzuniga.com

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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140 N Greenwood AVE

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