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.
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
Est.:
Duplex
Built in 1939
-- sqft lot
$-- Zestimate®
$611/sqft
$-- HOA
What's special
Solid layouts
- 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#: PW25106389
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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