Montebello, CA 90640 224 S Greenwood Avenue

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Presented By: George Seraydarian with Vikin' Realty; v314@aol.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25081322
  • 04/13/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 3
  • SQFT • 2,266

Home Details

Just Listed – Turnkey Triplex in the Heart of Montebello! Welcome to 224 S Greenwood Ave, a beautifully upgraded and thoughtfully reimagined property offering three fully independent living spaces on one lot. Recently converted from a single-family residence into a modern duplex plus a brand-new detached ADU, this is a rare investment opportunity with built-in income and owner-user potential. The duplex consists of fully remodeled two side-by-side units, each offering 2 bedrooms and 1 bathroom, designed with bright, functional floorplans and tasteful updates. Both units are currently rented out, generating reliable income from day one. Tucked privately at the rear of the property is a spacious, detached brand new ADU featuring 2 bedrooms, 1 bathroom, and approximately 750 square feet of living space. With no shared walls and a separate entrance, it offers true privacy and comfort—ideal for owner-occupants or an additional rental. Even better, the ADU can be delivered vacant at closing, offering flexibility for move-in or leasing. A long driveway provides ample off-street parking, enhancing accessibility and convenience for all occupants. Centrally located in Montebello, you’re just minutes from shopping, dining, schools, and major freeways—positioning this property perfectly for both lifestyle and investment. Whether you're an investor seeking strong cash flow or a homeowner looking to live in one unit and rent the others, 224 S Greenwood Ave is a move-in-ready, income-generating gem.
Presented By: George Seraydarian with Vikin' Realty; v314@aol.com

Interior Features for 224 S Greenwood Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesLaundryCloset, Outside
Total Stories1
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 224 S Greenwood Avenue

Additional Parcels Y/NNo
AppliancesGasRange, Refrigerator, TanklessWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMontebello
Community FeaturesCurbs, StreetLights, Sidewalks
ContingencyBuyer to cooperate with seller 1031 exchange at no cost to buyer.
CoolingDuctless
CountyLos Angeles
DirectionsSouth of Whittier Blvd, West of Montebello bBlvd
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
ExclusionsTenants' belongings
Expected Active Date 2025-04-14
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income88200.0
HOANo
HOA Fee$0.0
HeatingDuctless
Home Warranty Y/NNo
Insurance Expense1500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, Conventional, FannieMae, FreddieMac, VaLoan
Lot Size Square Feet6741.0
Lot Size UnitsSquareFeet
MLS Area674 - Montebello
MaintenanceExpense1846.0
MobileHomeRemainsYNNo
Net Operating Income62534.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased2
Operating Expense25666.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot12
Taxes$13,500
Tenant PaysElectricity, Gas, Water
Trash Expense120.0
ViewNone
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1929
Year Built SourceAssessor
ZoningMNR3YY

Exterior for 224 S Greenwood Avenue

Building Area Total2266.0
Crops Included Y/NNo
FencingStuccoWall, Vinyl
Foundation DetailsRaised, Slab
Horse Y/NNo
InclusionsAppliances
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1548
Lot Size Area6741.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,149,000
MLS#PW25081322
List Date 04/13/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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