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Sold$850,000on Oct 10, 2025
1516 W Beverly Terrace, Montebello, CA 90640
RE/MAX INNOVATIONS
3Beds
3Baths
4Days Listed
About This Property
They say its whats on the inside that countsand 1516 W. Beverly Terrace in Montebello proves it! Step onto the property and youll 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, its a chance to put your personal touch on a well-maintained property in a prime location. For an investor, its 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. Dont forget the garagescurrently used for storage by the landlord, but easily converted into additional income streams. And heres the kicker: aside from Californias state rent control requirements, there are no additional City of Montebello rent control restrictionsa huge advantage for investors. This is a trust sale, so expenses are estimated, but the value is undeniable. Whether youre looking for a home with income potential or an addition to your portfolio, 1516 W. Beverly Terrace is a must-see.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 3
- Bathrooms
- 3
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 4
- Cumulative Days on Market
- 5
- Original Price
- $870,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Montebello Market Snapshot
66
Active Listings
$894K
Median Price
58
Avg Days on Market
Last updated: Oct 10, 2025
More Sold Properties in Montebello
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Joe Napoli, RE/MAX INNOVATIONS · 626-825-4863
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$870,000