525 N 3rd Street, Montebello, CA 90640

0 beds 0 baths 6,800 sq.ft.

Offerered at: $1,499,999.00

County: Los Angeles
Year Built: 1958
Association Fees: $0.00/mo.

Property Description

Rare quadruplex opportunity in the heart of Montebello—available for the first time in over 40 years! Offering 3,365 sq. ft. of living space on a 6,800 sq. ft. lot, this pride-of-ownership property blends strong rental potential with recent upgrades. Recent Improvements include a new roof, and a fresh exterior paint job on both the building and garage structures, enhancing curb appeal and reducing near-term maintenance. On-site garage parking plus additional street parking adds convenience for residents. Public records reflect the property as a 4-unit dwelling. However, the property has functioned with 5 separate units during the sellers’ ownership. The sellers purchased the property in this condition and inherited the configuration as it exists today. All 5 units are tenant occupied and are 1 bedroom 1 bath. This is an ideal opportunity for an owner-occupant—live in one unit while generating income from the others—or for an investor seeking consistent rents and appreciation in a high-demand market. Centrally located with easy access to the 605, 60, and 5 freeways, this property offers quick connections to Downtown Los Angeles (just 13 miles away). Families will love the nearby parks, zoo, athletic fields, and enjoy the benefits of being a part of the Montebello school district. Local attractions include the Citadel Outlets (4 miles), The Commerce Casino & Hotel (4 miles), and a vibrant dining scene highlighted by authentic Mexican and Latin American cuisine. Montebello’s rich cultural heritage and central location make it an exciting place to both live and invest. Don't miss out on this great opportunity!

ESSENTIAL INFO

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