$ 870,000
-
$870,000
Price -
3
Bed -
3
Bath -
1,840
SqFt
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About the Listing 50463 - CV44958
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.
Listing Highlights for 1516 W Beverly Terrace
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
CV25199910
Year Built
1948
Total Square Footage
1,840
Lot/Acreage
0.16
County
Los Angeles
Area
674 - Montebello
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Vented Exhaust Fan, Water Heater
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Copper Plumbing Full,Laminate Counters,Unfurnished
- Water: Public
Exterior Details
- Lot Description: Front Yard,Rectangular Lot,Near Public Transit,Park Nearby,Up Slope from Street,Utilities - Overhead,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 3
- Zoning: MNR3YY
- Roof: Common Roof,Composition
- Others: Satellite Dish,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway,Concrete,Driveway Up Slope From Street,Garage,Garage Faces Side,Garage - Single Door,See Remarks
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6344026009
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1516 W Beverly Terrace Montebello, CA 90640
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