They say it’s what’s on the inside that counts—and 1516 W. Beverly Terrace in Montebello proves it! Step onto the property and you’ll immediately notice the signs of care: dual-pane windows, copper plumbing, sewer cleanouts, and a solid roof that gives peace of mind. Sure, it could use a little cosmetic polish, but beneath the surface lies a triplex full of potential. For an owner-user, it’s a chance to put your personal touch on a well-maintained property in a prime location. For an investor, it’s a golden opportunity: two units are already occupied by long-term tenants, while the third is ready for a new tenant of your choice. Public records show three one-bedroom, one-bath units, but one has been expanded into a two-bedroom, opening the door to even greater rental income. Don’t forget the garages—currently used for storage by the landlord, but easily converted into additional income streams. And here’s the kicker: aside from California’s state rent control requirements, there are no additional City of Montebello rent control restrictions—a huge advantage for investors. This is a trust sale, so expenses are estimated, but the value is undeniable. Whether you’re looking for a home with income potential or an addition to your portfolio, 1516 W. Beverly Terrace is a must-see.
Sold for $850,000
Listed by: RE/MAX INNOVATIONS • Joe Napoli • Contact: 626-825-4863
Bought with: RE/MAX INNOVATIONS
$850,000
1516 W Beverly Ter, Montebello, CA 90640
3beds
3baths
1,840sqft
Triplex
Built in 1948
-- sqft lot
$852,800 Zestimate®
$462/sqft
$3,343 Estimated rent
Home value
$852,800
$776,000 - $938,000
$3,343/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joe Napoli DRE #01279689 626-825-4863,
RE/MAX INNOVATIONS
Bought with:
Joe Napoli, DRE #01279689
RE/MAX INNOVATIONS
Source: CRMLS,MLS#: CV25199910
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Appliances
- Included: Vented Exhaust Fan, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Laminate Counters, Unfurnished
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Door-Single, Driveway, Driveway Up Slope From Street, Garage, Garage Faces Side, See Remarks
- Garage spaces: 2
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Pool features: None
- Spa features: None
- Fencing: Block,Good Condition
- Has view: Yes
- View description: Hills, Neighborhood
Lot
- Size: 7,111 Square Feet
- Features: Front Yard, Near Park, Near Public Transit, Rectangular Lot, Sloped Up
Details
- Parcel number: 6344026009
- Zoning: MNR3YY
- Special conditions: Trust
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Stucco, Wood Siding, Copper Plumbing
- Foundation: Raised
- Roof: Composition,Common Roof
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Overhead Utilities
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Montebello
Financial & listing details
- Price per square foot: $462/sqft
- Tax assessed value: $62,447
- Annual tax amount: $3,334
- Date on market: 9/5/2025
- Cumulative days on market: 4 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $850,000-2.3%$462/sqft |
Source:  CRMLS #CV25199910 Report a problem | ||
| 10/7/2025 | Pending sale | $870,000$473/sqft |
Source: CRMLS #CV25199910 Report a problem | ||
| 9/10/2025 | Contingent | $870,000$473/sqft |
Source: CRMLS #CV25199910 Report a problem | ||
| 9/5/2025 | Listed for sale | $870,000$473/sqft |
Source: CRMLS #CV25199910 Report a problem | ||
| 2/21/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/19/2019 | Listing removed | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 10/11/2019 | Listed for rent | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 3/20/2019 | Listing removed | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 3/15/2019 | Listed for rent | $1,200+20%$1/sqft |
Source: Owner Report a problem | ||
| 2/14/2018 | Listing removed | $1,000$1/sqft |
Source: Owner Report a problem | ||
| 2/11/2018 | Listed for rent | $1,000$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,334 +22.5% | $62,447 +2% |
| 2024 | $2,722 +1.9% | $61,223 +2% |
| 2023 | $2,671 +3.2% | $60,024 +2% |
| 2022 | $2,587 +5.2% | $58,848 +2% |
| 2021 | $2,460 +6.6% | $57,695 +1% |
| 2020 | $2,307 | $57,105 +2% |
| 2019 | $2,307 +7.3% | $55,986 +2% |
| 2018 | $2,151 | $54,889 +2% |
| 2017 | $2,151 +1.3% | $53,814 +2% |
| 2016 | $2,122 +2.3% | $52,760 +1.5% |
| 2015 | $2,074 +2.4% | $51,969 +2% |
| 2014 | $2,026 | $50,952 +2.5% |
| 2012 | -- | $49,729 +2% |
| 2011 | -- | $48,755 +0.8% |
| 2010 | -- | $48,391 -0.2% |
| 2009 | -- | $48,507 +2% |
| 2008 | -- | $47,556 +2% |
| 2007 | -- | $46,624 +2% |
| 2006 | -- | $45,710 |
| 2005 | -- | $45,710 +4% |
| 2004 | -- | $43,938 +1.9% |
| 2003 | -- | $43,133 +2% |
| 2002 | -- | $42,288 +4% |
| 2000 | -- | $40,648 |
Find assessor info on the county website
Neighborhood: 90640
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Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Montebello Intermediate SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Montebello High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$852,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$852,800
- California
- Los Angeles County
- Montebello
- 90640
- 1516 W Beverly Ter
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