224 S Greenwood Avenue Montebello, CA $ 1,100,000
224 S Greenwood Avenue
$ 1,100,000
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224 S Greenwood Avenue

Montebello, CA, 90640
$ 1,100,000
Baths1.0 Sq 2,226

Monthly Estimate*

$ 6,863

Listed by Vikin' Realty
224 S Greenwood Avenue, Montebello, CA 90640 - Image 1
224 S Greenwood Avenue, Montebello, CA 90640 - Image 2
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224 S Greenwood Avenue, Montebello, CA 90640 - Image 4
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224 S Greenwood Avenue, Montebello, CA 90640 - Image 8
224 S Greenwood Avenue, Montebello, CA 90640 - Image 9
224 S Greenwood Avenue, Montebello, CA 90640 - Image 10
224 S Greenwood Avenue, Montebello, CA 90640 - Image 11
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224 S Greenwood Avenue, Montebello, CA 90640 - Image 16
224 S Greenwood Avenue, Montebello, CA 90640 - Image 17
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Studio

Multi-Family Home for sale in Montebello, CA

for $1,100,000 with 1 full bath. This 2,226 square foot home was built in 1929 on a lot size of 0.1548.

Now Delivered Fully Vacant! – Turnkey Triplex in the Heart of Montebello! Welcome to 224 S Greenwood Ave, a beautifully upgraded and thoughtfully reimagined property offering three fully independent living spaces on one lot. Recently converted from a single-family residence into a modern duplex plus a brand-new detached ADU, this is a rare investment opportunity with built-in income and owner-user potential. The duplex consists of fully remodeled two side-by-side units, each offering 2 bedrooms and 1 bathroom, designed with bright, functional floorplans and tasteful updates. Each with their own washer/dryer hookups, separate gas and electric meters. Tucked privately at the rear of the property is a spacious, detached brand new ADU featuring 2 bedrooms, 1 bathroom, and approximately 750 square feet of living space and in-unit washer/dryer hookups. With no shared walls and a separate entrance, it offers true privacy and comfort—ideal for owner-occupants or an additional rental. The ADU also has separate gas, electric, and water meters! A long driveway provides ample off-street parking, enhancing accessibility and convenience for all occupants. Centrally located in Montebello, you’re just minutes from shopping, dining, schools, and major freeways—positioning this property perfectly for both lifestyle and investment. Whether you're an investor seeking strong cash flow or a homeowner looking to live in one unit and rent the others, 224 S Greenwood Ave is a move-in-ready, income-generating gem.

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Multi-Family Pending

Price

$ 1,100,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1548

Year Built

1929

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

PW25263414

Days on Market

31

Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
Appliances Gas Range Microwave
Zoning MNR3YY
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1929
Electric Standard
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 92400
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 74806
Operating Expense 17594
Insurance Expense 3339
New Construction false
Property Type Residential Income
MaintenanceExpense 200
Garage Y/N false
Special Listing Conditions Standard
Status Pending
Directions North of Olympic Blvd
City Montebello
Entry Location Street
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 6741
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 5
Water Sewer Expense 200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 12
Property Sub Type Additional Triplex
Expected Active Date 2025-11-19
Taxes 13750
Cap Rate 6.8
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Interior
Interior Amenities Quartz Counters All Bedrooms Down
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Fencing Masonry Vinyl
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 6
Lot Size Area 6741
Number of Buildings 2
Spa false
Building Area Total 2226
Lot Size Acres 0.1548
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Vikin' Realty

Broker

v314@aol.com

Email

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$6,863
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Monthly Principal & Interest
$6,863
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,100,000 Listed Price

Map


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224 S Greenwood Avenue, Montebello, CA, 90640 is a Multi-Family Home for sale at $1,100,000 with 2,226 sqft and a lot size of 0.1548. 224 S Greenwood Avenue is a studio with 1.0 baths and was built in 1929. The property's zip code is 90640 which is in Montebello, CA