Proudly offered for the first time in over 40 years, this well-maintained Value Add 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.
For sale
$1,240,000
1504 W Beverly Blvd, Montebello, CA 90640
7beds
5baths
3,583sqft
Est.:
Multi Family
Built in 1955
-- sqft lot
$1,218,200 Zestimate®
$346/sqft
$-- HOA
What's special
On-site covered parking
- 16 days
- on Zillow |
- 163 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 05:36am
Listed by:
Shant Sherbetdjian DRE # 01713570 626-657-8150,
Remax Commercial and Investment Realty 213-817-1000
Source: CLAW,MLS#: 25569469

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Wall
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: None
Interior area
- Total structure area: 3,583
- Total interior livable area: 3,583 sqft
Property
Parking
- Total spaces: 5
- Parking features: Attached Carport
- Has carport: Yes
- Covered spaces: 5
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,364.12 Square Feet
Details
- Additional structures: None
- Zoning: MNR3*
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1955
Community & HOA
Location
- Region: Montebello
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $379,346
- Date on market: 7/24/2025
- Tenant pays: Gas, Electricity
- Loading
- Loading