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Sold for $1,050,000
  • $1,050,000

    1504 W Beverly Blvd, Montebello, CA 90640

    7beds
    5baths
    3,583sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $1,052,100 Zestimate®
    $293/sqft
    $2,757 Estimated rent

    Home value

    $1,052,100

    $957,000 - $1.16M

    $2,757/mo

    Zestimate® history
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    $2,757/mo

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    $6,794/mo

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    $6,794/mo

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    What's special

    On-site covered parking
    **Price Reduced $140,000 | 13.06 GRM** Proudly offered for the first time in over 40 years, this plenty of value add opportunity for this 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shant Sherbetdjian DRE # 01713570 626-657-8150,

    Remax Commercial and Investment Realty 213-817-1000

    Bought with:

    Shant Sherbetdjian, DRE # 01713570

    Remax Commercial and Investment Realty

    Source: CLAW,MLS#: 25569469MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    • Laundry: None
    Interior area
    • Total structure area: 3,583
    • Total interior livable area: 3,583 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached Carport
    • Has carport: Yes
    • Covered spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,364 Square Feet
    Details
    • Additional structures: None
    • Zoning: MNR3*
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1955

    Community & HOA

    Location
    • Region: Montebello

    Financial & listing details

    • Price per square foot: $293/sqft
    • Tax assessed value: $379,346
    • Date on market: 7/24/2025
    • Tenant pays: Gas, Electricity

    Price history

    DateEventPrice
    9/29/2025Sold$1,050,000-4.5%$293/sqft
    Source: CLAW #25569469 Report a problem
    9/11/2025Contingent$1,100,000$307/sqft
    Source: CLAW #25569469 Report a problem
    9/3/2025Price change$1,100,000-11.3%$307/sqft
    Source: CLAW #25569469 Report a problem
    7/24/2025Listed for sale$1,240,000$346/sqft
    Source: CLAW #25569469 Report a problem
    10/1/2020Listing removed$1,600
    Source: ER Property Solutions Report a problem
    9/25/2020Listed for rent$1,600
    Source: ER Property Solutions Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Montebello Unified

    Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,052,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,052,100