701 W Madison AV
Montebello, CA, 90640
$2,300,000
9 Beds
8 Baths
5,693 SqFt
0.33 Acres
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We are pleased to present this rare North Montebello investment opportunity. Ideally located between Beverly Boulevard and Whittier Boulevard, the property offers residents convenient access to shopping, dining, and community amenities. Owned and meticulously maintained by the same family since 1987, this asset is being offered for sale for the first time in 38 years. The property features eight oversized units within two side-by-side fourplexes, providing spacious living accommodations and true pride-of-ownership appeal. Positioned on two separate parcels, each unit includes private garage parking with potential for additional value through ADU development. All units are separately metered for gas and electricity and include individual water heaters, ensuring efficient utility management and reduced operating expenses. Important to know, the SB721 has been completed, and the electrical panels have been fully upgraded, eliminating costly concerns for future ownership. Situated on a prominent corner lot, the property boasts excellent curb appeal and an 80 Walk Score, underscoring its pedestrian-friendly location. Governed solely by the statewide AB1482 Rent Ordinance, it is not subject to any additional local rent control restrictions, offering investors greater flexibility in operations. This is a truly exceptional opportunity to acquire a long-held, well-maintained asset in one of Montebello’s most desirable neighborhoods. Please note, this sale includes 2 separate fourplexes situated side by side, all information provided is at the combined size, income and financial characteristics.

Property Details

Price:
$2,300,000
MLS #:
25591067
Status:
Pending
Beds:
9
Baths:
8
Type:
Single Family
Neighborhood:
674montebello
Listed Date:
Dec 31, 2025
Finished Sq Ft:
5,693
Total Sq Ft:
5,693
Lot Size:
14,294 sqft / 0.33 acres (approx)
Year Built:
1951
674 – Montebello674montebello

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Schools

Interior

Laundry Features
IR

Exterior

Parking Spots
8

Financial

Gross Operating Income
$160,679
Net Operating Income
$100,159

Map

Community

Market Summary

Current real estate data for Single Family in Montebello as of Jan 01, 2026
27
Single Family Listed
39
Avg DOM
403
Avg $ / SqFt
$679,600
Avg List Price

Property Summary

    701 W Madison AV Montebello CA is a Single Family for sale in Montebello, CA, 90640. It is listed for $2,300,000 and features 9 beds, 8 baths, and has approximately 5,693 square feet of living space, and was originally constructed in 1951. The current price per square foot is $404. The average price per square foot for Single Family listings in Montebello is $403. The average listing price for Single Family in Montebello is $679,600.

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701 W Madison AV
Montebello, CA