137 N 2nd
Montebello, CA, 90640 $ 789,000
Baths1.0 Sq 1,606 Monthly Estimate*
$ 4,982
Listed by Century 21 Allstars
Studio for $789,000 with 1 full bath. This 1,606 square foot home was built in 1922 on a lot size of 0.1432.
click on 360 view for full video Prime Montebello Duplex Investment Opportunity Excellent income-producing opportunity in the heart of Montebello! Located north of Whittier Boulevard, this well-positioned property features two spacious units, offering flexibility for an investor, owner-user, or multigenerational household. The property consists of: Front Unit: Spacious 2-bedroom, 1-bathroom home Rear Unit: 1-bedroom, 1-bathroom unit One-car garage for each unit Private yard for each unit Alley access to the garages Conveniently located north of Whittier Boulevard The separate yards, individual garages, and alley access provide desirable privacy and functionality for both units—features that can be especially attractive to long-term renters. Strong Montebello Location Montebello offers a strategic location in Southeast Los Angeles County with convenient access to major employment centers, shopping, dining, schools, parks, and transportation. The city has continued to invest in infrastructure, economic development, housing, and community improvements. Montebello was recognized by the City as the 2025 Most Business-Friendly City in Los Angeles County, reflecting its ongoing focus on economic growth and investment. The property is also positioned in the northern portion of Montebello, an area with notable community assets including Montebello Town Center, Down Town Montebello, and other established residential neighborhoods and services. The city is also planning for continued long-term growth and improved connectivity. Current city planning efforts include infrastructure improvements along major corridors and future transit-oriented development associated with the planned Metro E Line Greenwood Station. With two separate living units, two garages, two private yards, and alley access, this property offers the kind of configuration investors look for in a Southern California multifamily property. Whether you're looking to generate rental income, live in one unit while renting the other, accommodate extended family, or add a well-located property to your portfolio, this Montebello duplex presents an excellent opportunity. Great location. Great layout. Two units. Multiple possibilities. Don't miss this Montebello investment opportunity!
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FeaturesGeneralSewer Public Sewer
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1922
Tenant Pays Electricity Gas
View Neighborhood
Property Subtype Duplex
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 1600
Operating Expense 800
Insurance Expense 800
New Construction false
Property Type Residential Income
HOA false
Contingency none
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions Whittier north on 2nd
City Montebello
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 6237
Listing Terms Cash Cash to New Loan Conventional Contract Cal Vet Loan 1031 Exchange FHA 203(b) FHA 203(k) FHA Fannie Mae VA Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 576
Water Sewer Expense 1400
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.wellcomemat.com/mls/54fba2be1ac81momd https://www.wellcomemat.com/video/54fba2be1ac81momd/DW26181290/
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 43
Property Sub Type Additional Duplex
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InteriorFireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Fireplace Y/N true
Laundry Features None
Entry Level 1
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ExteriorParking Features Assigned Door-Multi Garage Garage Door Opener
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 2
Lot Size Area 6237
Number of Buildings 2
Building Area Total 1606
Lot Size Acres 0.1432
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByCentury 21 AllstarsBroker
Chuck@chuckchavez.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,982
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Montebello, CA
Average List Price $1,563,455
Percent of Sale Price 98%
About Montebello, CA 63,627 Population
2% Since 2002
$ 49,148 Median Income
36.52 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/18/2026 | $789,000 | | Listed Price |