Skip main navigation
Sold for $1,680,000
  • Listed by: WEDGEWOOD HOMES REALTY • RAY DURAN, JR. • Contact: 323-974-5868
    Bought with: The Oppenheim Group
    $1,680,000

    717 S Greenwood Ave, Montebello, CA 90640

    7beds
    5baths
    3,021sqft
    Quadruplex
    Built in 1931
    -- sqft lot
    $1,656,500 Zestimate®
    $556/sqft
    $2,721 Estimated rent

    Home value

    $1,656,500

    $1.49M - $1.84M

    $2,721/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,721/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,721/mo

    Rent Zestimate®

    Refinance and save

    $10,588/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $10,588/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Large spanish-style residenceClassic spanish architectural detailsHuge backyardDevelopment-ready landPrivate outdoor patio
    One-of-a-Kind Investor-Developer Opportunity in Montebello. Presenting a rare and exceptional investment opportunity in the heart of Montebello! This expansive, multi-use property offers immense potential for development, with a large Spanish-style residence, a vacant portion of the lot, and an income-producing triplex, all on one parcel. The main residence features a charming 3-bedroom, 2-bath layout with classic Spanish architectural details. It boasts a huge backyard with ample space for outdoor living, plus plenty of parking for vehicles or RVs—an ideal space for those seeking a private retreat or looking to expand the property. The property also includes a vast, vacant portion of the lot, offering prime space for future development. Whether you’re considering building additional dwellings, adding accessory dwelling units (ADUs), or exploring other development opportunities, the potential here is boundless. On the opposite side of the lot, includes a triplex generating steady rental income, providing immediate returns. Each unit has its own private outdoor patio, with a convenient 3-car garage and additional driveway space for parking. A shared laundry facility adds to the appeal for tenants and ensures low-maintenance operation. With its combination of residential charm, development-ready land, and income-producing units, this property represents a unique opportunity for visionary investors and developers. Whether you’re looking to expand the existing structures or embark on a larger-scale development project, the possibilities are endless. Don’t miss out on this rare opportunity in a prime Montebello location. Contact us today!

    Zillow last checked:

    Listing updated:

    Listed by:

    RAY DURAN, JR. DRE #00997237 323-974-5868,

    WEDGEWOOD HOMES REALTY

    Bought with:

    Diana Hernandez, DRE #01814655

    The Oppenheim Group

    Source: CRMLS,MLS#: MB25037199MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Outside
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,021
    • Total interior livable area: 3,021 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Garage
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Chain Link
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.75 Acres
    • Features: Back Yard, Front Yard, Near Public Transit
    Details
    • Parcel number: 6353008025
    • Zoning: MNR1YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1931

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: Montebello

    Financial & listing details

    • Price per square foot: $556/sqft
    • Tax assessed value: $628,014
    • Annual tax amount: $11,990
    • Date on market: 2/21/2025
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Conventional,1031 Exchange,Owner May Carry
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2025Sold$1,680,000-1.1%$556/sqft
    Source: CRMLS #MB25037199 Report a problem
    3/31/2025Contingent$1,699,000$562/sqft
    Source: CRMLS #MB25037199 Report a problem
    2/22/2025Listed for sale$1,699,000+239.8%$562/sqft
    Source: CRMLS #MB25037199 Report a problem
    3/9/2012Sold$500,000-9.1%$166/sqft
    Source: Public Record Report a problem
    10/10/2011Listing removed$550,000$182/sqft
    Source: Monalisa Martin, Broker #S671654 Report a problem
    8/27/2011Price change$550,000-42.1%$182/sqft
    Source: Monalisa Martin, Broker #S671654 Report a problem
    6/25/2011Listed for sale$950,000-17.4%$314/sqft
    Source: Fair Realty #F11079640 Report a problem
    7/18/2007Sold$1,150,000$381/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,990 +7.2%$628,014 +2%
    2024$11,188 +0.6%$615,701 +2%
    2023$11,116 +3.3%$603,630 +2%
    2022$10,760 +3.9%$591,795 +2%
    2021$10,358 +2.5%$580,192 +1%
    2020$10,101 $574,244 +2%
    2019$10,101 +3.2%$562,986 +2%
    2018$9,787 $551,948 +2%
    2017$9,787 +1.9%$541,127 +2%
    2016$9,600 +2%$530,517 +1.5%
    2015$9,408 +5.8%$522,549 +2%
    2014$8,892 $512,314 -51.4%
    2011-- $1,053,338 +0.8%
    2010-- $1,045,467 -9.7%
    2009-- $1,157,700 +0.7%
    2008-- $1,150,000 +359.5%
    2007-- $250,251 +2%
    2006-- $245,346 +4%
    2004-- $235,821 +1.9%
    2003-- $231,500 +2%
    2002-- $226,962 +4%
    2000-- $218,151
    Find assessor info on the county website

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
    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
    $1,656,500
    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
    $1,656,500