140 N Greenwood Avenue
Montebello, CA 90640
- 3 beds
- – baths
- 1,556 sqft
- 6,350 sqft lot
- $626 per sqft
- 1939 build
- – on site
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.
Last checked:
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Last updated May 15, 2025
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MLS# CRPW25106389 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1939
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Building Area Units:Square Feet
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Building Area Total:1556
Room Dimensions
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Living Area:1556
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Living Area Units:Square Feet
Location
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Directions:Right on Greenwood from Whittier Blvd
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Exterior Features:Other
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Parcel Number:6345022006
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Zoning:MNR3
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6350
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:5301.02
Beds
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Bedrooms Total:3
The Listing
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Listing Terms:Other
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Parking Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/14/25
May 14, 2025
|
Listed / Active | BRIDGE | $975,000 |