717 S Greenwood Avenue new

Montebello,CA 90640

$ 1699000

- Bed

- Bath

3021 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,021 sqft

Price per Sqft $562

MLS Listing ID CRMB25037199

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1931

Lot Size 0.752 Acres

Property Sub-Type Quadruplex

Property Description

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,

Location

State CA

County Los Angeles

Interior

Heating Floor Furnace,Wall Furnace

Cooling No Air Conditioning

Fireplace No

Laundry Other

Exterior

View None

Building

Lot Description Other,Back Yard,Front Yard

Water Public

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