140 N Greenwood AVE Active Save Request In-Person Tour Request Virtual Tour
Montebello,CA 90640
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25106389
Year Built 1939
Lot Size 6,350 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area 674 - Montebello
Interior
Heating Central Forced Air,Fireplace
Cooling Central AC
Laundry Gas Hookup,30
Exterior
Garage Spaces 2.0
Pool 31,None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable