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.
Property Details
Price:
$1,240,000
MLS #:
25569469
Status:
Active
Baths:
0
Address:
1504 W Beverly Boulevard
Type:
Residential Income
Neighborhood:
674montebello
City:
Montebello
Listed Date:
Jul 24, 2025
State:
CA
ZIP:
90640
Lot Size:
6,366 sqft / 0.15 acres (approx)
Year Built:
1955
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Attached Carport
Parking Spots
5.00
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address1504 W Beverly Boulevard Montebello CA
- Area674 – Montebello
- CityMontebello
- CountyLos Angeles
- Zip Code90640
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1504 W Beverly Boulevard
Montebello, CA
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