$1,250,000
 $6,710 est/mo Sourced by Back At You

724 Date,Montebello, CA 90640

Montebello, CA 90640

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Description

Five-unit residential apartment situated on an approximately 14,212-square-foot lot in Montebello, California. The property consists of two separate single-story buildings, offering a functional layout and convenient access for residents. Each unit is separately metered for gas and electricity and features their own water heater and access to a wall-mounted air conditioning unit. The front residence offers a 2-bedroom, 1-bathroom layout with a private backyard, while the four rear units each feature a 1-bedroom, 1-bathroom layout and share an open common area that provides additional outdoor space for residents. The property's generous lot size offers potential for future income-producing improvements, including possible storage units, subject to applicable zoning and city approvals. The existing detached garage is currently in the owner's possession and may present an additional opportunity for future ADU development, subject to feasibility and required approvals. This property presents investors with an opportunity to acquire a five-unit multifamily asset with potential rental income upside. The combination of existing rental units and potential future improvements offers an opportunity to enhance the property's income-producing capabilities and long-term investment value.

Details

MLS #PW26222717
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1948
Days On Site8
Listing Provided ByRE/MAX 2000 | Carlos Skubacz

Features

SQ Feet3,432
Garage2
Story(s)1
Units5
Building(s)2
Acreage0.33
Property ViewNone

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoYes

Exterior

Lot FeaturesFront Yard, Rectangular Lot

Parking

Parking FeaturesAssigned
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Street Lights, Suburban, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityMontebello
Zip Code90640
Area674 Montebello
Listing VS Median (in 90640)
Price:
$1,250,000
low | high
Med:
$852,445
81.8044% of Average
sqft:
3,432
low | high
Med:
1,743
99.213286713287% of Average
$ / sqft:
$364
low | high
Med:
$489
15.704887369641% of Average
On site:
8
low | high
Med:
75.5
10.596026490066% of Average
Sourced by Back At You

Market Activity 90640

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Additional Information

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Contact

Learn More About This Property

Jean Iovino

Jean Iovino

Desert Lifestyle Properties

02007087 (630) 333-7878jeansellsdesertlifestyle@gmail.com
StateCA
CountyLos Angeles
CityMontebello
Zip Code90640
Area674 Montebello
Listing VS Median (in 90640)
Price:
$1,250,000
low | high
Med:
$852,445
81.8044% of Average
sqft:
3,432
low | high
Med:
1,743
99.213286713287% of Average
$ / sqft:
$364
low | high
Med:
$489
15.704887369641% of Average
On site:
8
low | high
Med:
75.5
10.596026490066% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $937K - $1.562M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
1109 S Spruce Street Property Photo 1
$1,395,000
1109 S Spruce Street
Montebello, CA 90640
1109 S Spruce Street Property Photo 1
$1,395,000
1109 S Spruce Street
Montebello, CA 90640
Listing Updated: October 14, 2026 at 5:30:59 PM PDT