140 N Greenwood Avenue, Montebello, CA 90640

  • $950,000
  • $975,000
140 N Greenwood Avenue, Montebello, CA 90640
Active
140 N Greenwood Avenue, Montebello, CA 90640
140 N Greenwood Avenue, Montebello, CA 90640
  • $950,000
  • $975,000

Description

Prime Investment Opportunity with ADU potential in the City of Montebello! This tenant-occupied duplex in the heart of Montebello is a great opportunity for investors seeking immediate and stable rental income. With a total of 1,556 sq ft, the property features two units: a front unit with 2 bedrooms and 1 bathroom, currently occupied by a reliable Section 8 tenant providing consistent, government-backed payments, and a rear unit with 1 bedroom and 1 bathroom, also tenant-occupied. The property is being sold with tenants in place, offering turnkey cash flow from day one and eliminating the hassle of vacancy or lease-up. Both units are separately metered except for water, and offer solid layouts with potential for value-add improvements. In addition, the detached 2-car garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), providing an opportunity to increase rental income and maximize property value. Located near shopping, dining, schools, and major freeways, this Montebello duplex sits in a strong rental market and is a smart addition to any investor’s portfolio.

  • Address 140 N Greenwood Avenue
  • State/county CA
  • Zip/Postal Code 90640
  • Country US

Details

Updated on June 16, 2025 at 4:06 pm
  • Property ID: PW25106389
  • Price: $950,000
  • Property Size: 1556 Square Feet
  • Land Area: 0.1458 Acres
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1939
  • Property Type: Duplex, Residential Income
  • Property Status: Active

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