Montebello, CA 90640,717 S Greenwood Avenue
See all 20 photos
Montebello, CA 90640,717 S Greenwood Avenue
Montebello, CA 90640,717 S Greenwood Avenue
Montebello, CA 90640,717 S Greenwood Avenue
Montebello, CA 90640,717 S Greenwood Avenue

$1,680,000

Est. payment /mo

$1,699,000

1.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

717 S Greenwood Avenue Montebello, CA 90640

7 Beds

5 Baths

0.75 Acres Lot

SOLD DATE : 05/29/2025

Key Details

Sold Price $1,680,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MB25037199

Sold Date 05/29/25

Bedrooms 7

HOA Y/N No

Lot Size 0.752 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

One-of-a-Kind Investor-Developer Opportunity in Montebello. Presenting a rare and exceptional investment opportunity in the heart of Montebello! This expansive, multi-use property offers immense potential for development, with a large Spanish-style residence, a vacant portion of the lot, and an income-producing triplex, all on one parcel. The main residence features a charming 3-bedroom, 2-bath layout with classic Spanish architectural details. It boasts a huge backyard with ample space for outdoor living, plus plenty of parking for vehicles or RVsan ideal space for those seeking a private retreat or looking to expand the property. The property also includes a vast, vacant portion of the lot, offering prime space for future development. Whether youre considering building additional dwellings, adding accessory dwelling units (ADUs), or exploring other development opportunities, the potential here is boundless. On the opposite side of the lot, includes a triplex generating steady rental income, providing immediate returns. Each unit has its own private outdoor patio, with a convenient 3-car garage and additional driveway space for parking. A shared laundry facility adds to the appeal for tenants and ensures low-maintenance operation. With its combination of residential charm, development-ready land, and income-producing units, this property represents a unique opportunity for visionary investors and developers. Whether youre looking to expand the existing structures or embark on a larger-scale development project, the possibilities are endless. Dont miss out on this rare oppo
One-of-a-Kind Investor-Developer Opportunity in Montebello. Presenting a rare and exceptional investment opportunity in the heart of Montebello! This expansive, multi-use property offers immense potential for development, with a large Spanish-style residence, a vacant portion of the lot, and an income-producing triplex, all on one parcel. The main residence features a charming 3-bedroom, 2-bath layout with classic Spanish architectural details. It boasts a huge backyard with ample space for outdoor living, plus plenty of parking for vehicles or RVsan ideal space for those seeking a private retreat or looking to expand the property. The property also includes a vast, vacant portion of the lot, offering prime space for future development. Whether youre considering building additional dwellings, adding accessory dwelling units (ADUs), or exploring other development opportunities, the potential here is boundless. On the opposite side of the lot, includes a triplex generating steady rental income, providing immediate returns. Each unit has its own private outdoor patio, with a convenient 3-car garage and additional driveway space for parking. A shared laundry facility adds to the appeal for tenants and ensures low-maintenance operation. With its combination of residential charm, development-ready land, and income-producing units, this property represents a unique opportunity for visionary investors and developers. Whether youre looking to expand the existing structures or embark on a larger-scale development project, the possibilities are endless. Dont miss out on this rare opportunity in a prime Montebello location. Contact us today!

Location

State CA

County Los Angeles

Area Montebello (90640)

Zoning Assessor

Interior

Appliance Floor Furnace

Exterior

Roof Type Composition

Building

Story 1

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry

Space Rent $2,550

Listing Terms Cash, Conventional, Exchange, Seller May Carry

Financing Conventional

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by RAY DURAN, JR. • WEDGEWOOD HOMES REALTY
Bought with Diana Hernandez • The Oppenheim Group
agent

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

GET MORE INFORMATION

Name
Phone*
Message