Montebello, CA 90640 140 N Greenwood Avenue

140 N Greenwood Avenue Montebello, CA - Image 1140 N Greenwood Avenue Montebello, CA - Image 2140 N Greenwood Avenue Montebello, CA - Image 3
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Presented By: Robert Zuniga with Re/Max Top Producers; re@robzuniga.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25106389
  • 05/14/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 1,556
  • Garage • 2

Home Details

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.
Presented By: Robert Zuniga with Re/Max Top Producers; re@robzuniga.com

Interior Features for 140 N Greenwood Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories1

Other Rooms

Entry Level1

General for 140 N Greenwood Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMontebello
Community FeaturesSuburban
CoolingCentralAir
CountyLos Angeles
DirectionsRight on Greenwood from Whittier Blvd
Electric On Property Y/NNo
Entry Location2
Garage Spaces2.0
Garage Y/NYes
Gross Income46800.0
HOANo
HeatingCentral, Fireplaces
Home Warranty Y/NNo
Insurance Expense815.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan
Lot Size Square Feet6350.0
Lot Size UnitsSquareFeet
MLS Area674 - Montebello
MobileHomeRemainsYNNo
Net Operating Income37269.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense9531.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot19
Tenant PaysElectricity, Gas
Total Actual Rent3900.0
Trash Expense480.0
ViewNone
Water Sewer Expense840.0
Waterfront Y/NNo
Year Built1939
Year Built SourcePublicRecords
ZoningMNR3YY

Exterior for 140 N Greenwood Avenue

Building Area Total1556.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1458
Lot Size Area6350.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $975,000
MLS#PW25106389
List Date 05/14/2025
Property Type Multi-Family
Phone 714.742.6515
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