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For sale
  • Listing Provided by: 

    Robert Zuniga DRE #02100561 re@robzuniga.com,

    Re/Max Top Producers

    Price cut: $25K (6/16)
    $950,000

    140 N Greenwood Ave, Montebello, CA 90640

    3beds
    2baths
    1,556sqft
    : 
    Duplex
    Built in 1939
    -- sqft lot
    $-- Zestimate®
    $611/sqft
    $-- HOA

    What's special

    Solid layouts
    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.
    89 days
    on Zillow
    |
    570
    |
    24
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 16, 2025 at 09:06am

    Listing Provided by:

    Robert Zuniga DRE #02100561 re@robzuniga.com,

    Re/Max Top Producers

    Source: CRMLS,MLS#: PW25106389MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,556
    • Total interior livable area: 1,556 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 2
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,350 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 6345022006
    • Zoning: MNR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Montebello

    Financial & listing details

    • Price per square foot: $611/sqft
    • Tax assessed value: $433,328
    • Annual tax amount: $7,132
    • Date on market: 5/14/2025
    • Listing terms: Cash to New Loan
    • Total actual rent: 3900
    • Tenant pays: Electricity, Gas
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