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Sold for $520,000
  • Listing Provided by: Realty One Group United
    Bought with: Realty One Group United
    $520,000

    1828 Rainbow Terrace Ln, Montebello, CA 90640

    3beds
    1,303sqft
    Condominium
    Built in 1977
    -- sqft lot
    $659,500 Zestimate®
    $399/sqft
    $3,632 Estimated rent

    Home value

    $659,500

    $587,000 - $739,000

    $3,632/mo

    Zestimate® history
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    $3,780/mo

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    What's special

    Welcome to this charming and well-located condo in the beautiful city of Montebello! This spacious 3-bedroom, 1.5-bath end-unit offers an excellent opportunity for buyers looking to personalize a home to their taste. The property is a fixer and in need of repairs, making it ideal for those seeking a project with great potential. With direct access through your private 2-car garage, you'll enjoy both privacy and convenience. Step inside to discover a layout full of potential, highlighted by a HUGE master bedroom featuring vaulted ceilings and stunning city views. Whether you're a first-time buyer or a savvy investor, this home provides a perfect blank canvas to make your own. The community boasts a beautifully maintained pool—ideal for relaxing or enjoying sunny summer days. Located just minutes from the exciting new Monterey Park Marketplace, you'll have easy access to major retailers like Costco and Home Depot, as well as a variety of popular restaurants and shops. Commuters will appreciate the quick and easy access to the 60 Freeway, while locals will love being close to The Shops at Montebello and a wide selection of dining options. Don’t miss your chance to own in this desirable area with strong upside potential. Schedule a tour today and imagine the possibilities!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Rosanna Rodriguez DRE #02167315 562-739-3441,

    Realty One Group United

    Bought with:

    Rosanna Rodriguez, DRE #02167315

    Realty One Group United

    Source: CRMLS,MLS#: DW25083518MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • Beamed Ceilings, High Ceilings, All Bedrooms Up
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,End Unit
    Interior area
    • Total interior livable area: 1,303 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Floor
    • Pool features: Association
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5.87 Acres
    Details
    • Parcel number: 5275025009
    • Zoning: MNR4D46PD*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer, Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Montebello

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $480 monthly
    • Amenities included: Pool
    • Association name: Mountain View Terrace Association
    • Association phone: 626-529-3918

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Conventional,FHA 203(b),FHA

    Price history

    DateEventPrice
    9/13/2025Listing removed$3,195$2/sqft
    Source: CRMLS #DW25191412 Report a problem
    9/1/2025Listed for rent$3,195-1.7%$2/sqft
    Source: CRMLS #DW25191412 Report a problem
    8/22/2025Listing removed$3,250$2/sqft
    Source: Zillow Rentals Report a problem
    8/20/2025Price change$3,250-5.8%$2/sqft
    Source: Zillow Rentals Report a problem
    8/10/2025Listed for rent$3,450$3/sqft
    Source: Zillow Rentals Report a problem
    6/10/2025Sold$520,000-5.5%$399/sqft
    Source: CRMLS #DW25083518 Report a problem
    6/2/2025Pending sale$549,999$422/sqft
    Source: CRMLS #DW25083518 Report a problem
    5/20/2025Contingent$549,999$422/sqft
    Source: CRMLS #DW25083518 Report a problem
    5/8/2025Listed for sale$549,999$422/sqft
    Source: CRMLS #DW25083518 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,496 +10.1%$123,541 +2%
    2024$2,267 +0.9%$121,119 +2%
    2023$2,247 +3.5%$118,745 +2%
    2022$2,170 +4.7%$116,418 +2%
    2021$2,073 +3.1%$114,136 +1%
    2020$2,010 $112,967 +2%
    2019$2,010 +2.6%$110,753 +2%
    2018$1,958 $108,582 +2%
    2017$1,958 +2.1%$106,454 +2%
    2016$1,919 +2.6%$104,367 +1.5%
    2015$1,870 +5.6%$102,800 +2%
    2014$1,771 $100,787 +2.5%
    2012-- $98,366 +2%
    2011-- $96,438 +0.8%
    2010-- $95,719 -0.2%
    2009-- $95,947 +2%
    2008-- $94,066 +2%
    2007-- $92,223 +2%
    2006-- $90,416
    2005-- $90,416 +4%
    2004-- $86,907 +1.9%
    2003-- $85,315 +2%
    2002-- $83,643 +4%
    2000-- $80,397

    Find assessor info on the county website

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
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