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Sold for $850,000 on 10/10/25
  • Listing Provided by: 

    Joe Napoli DRE #01279689 626-825-4863,

    RE/MAX INNOVATIONS

    Bought with: RE/MAX INNOVATIONS
    $850,000

    1516 W Beverly Ter, Montebello, CA 90640

    3beds
    3baths
    1,840sqft
    Triplex
    Built in 1948
    -- sqft lot
    $792,600 Zestimate®
    $462/sqft
    $3,068 Estimated rent

    Home value

    $792,600

    $658,000 - $911,000

    $3,068/mo

    Zestimate® history
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    $3,068/mo

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    $5,165/mo

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    What's special

    They say it’s what’s on the inside that counts—and 1516 W. Beverly Terrace in Montebello proves it! Step onto the property and you’ll immediately notice the signs of care: dual-pane windows, copper plumbing, sewer cleanouts, and a solid roof that gives peace of mind. Sure, it could use a little cosmetic polish, but beneath the surface lies a triplex full of potential. For an owner-user, it’s a chance to put your personal touch on a well-maintained property in a prime location. For an investor, it’s a golden opportunity: two units are already occupied by long-term tenants, while the third is ready for a new tenant of your choice. Public records show three one-bedroom, one-bath units, but one has been expanded into a two-bedroom, opening the door to even greater rental income. Don’t forget the garages—currently used for storage by the landlord, but easily converted into additional income streams. And here’s the kicker: aside from California’s state rent control requirements, there are no additional City of Montebello rent control restrictions—a huge advantage for investors. This is a trust sale, so expenses are estimated, but the value is undeniable. Whether you’re looking for a home with income potential or an addition to your portfolio, 1516 W. Beverly Terrace is a must-see.

    Zillow last checked: 8 hours ago

    Listing updated: October 10, 2025 at 11:59am

    Listing Provided by:

    Joe Napoli DRE #01279689 626-825-4863,

    RE/MAX INNOVATIONS

    Bought with:

    Joe Napoli, DRE #01279689

    RE/MAX INNOVATIONS

    Source: CRMLS,MLS#: CV25199910MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Appliances
    • Included: Vented Exhaust Fan, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
    Features
    • Laminate Counters, Unfurnished
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,840
    • Total interior livable area: 1,840 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Door-Single, Driveway, Driveway Up Slope From Street, Garage, Garage Faces Side, See Remarks
    • Garage spaces: 2
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Good Condition
    • Has view: Yes
    • View description: Hills, Neighborhood
    Lot
    • Size: 7,111 sqft
    • Features: Front Yard, Near Park, Near Public Transit, Rectangular Lot, Sloped Up
    Details
    • Parcel number: 6344026009
    • Zoning: MNR3YY
    • Special conditions: Trust
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    Materials
    • Stucco, Wood Siding, Copper Plumbing
    • Foundation: Raised
    • Roof: Composition,Common Roof
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Overhead Utilities

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
    Location
    • Region: Montebello

    Other

    Other facts
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/20/2025Listing removed$1,900$1/sqft
    Source: Zillow Rentals
    12/12/2025Listed for rent$1,900+58.3%$1/sqft
    Source: Zillow Rentals
    10/10/2025Sold$850,000-2.3%$462/sqft
    Source: CRMLS #CV25199910
    10/7/2025Pending sale$870,000$473/sqft
    Source: CRMLS #CV25199910
    9/10/2025Contingent$870,000$473/sqft
    Source: CRMLS #CV25199910

    Public tax history

    YearProperty taxesTax assessment
    2025$3,334 +22.5%$62,447 +2%
    2024$2,722 +1.9%$61,223 +2%
    2023$2,671 +3.2%$60,024 +2%

    Find assessor info on the county website

    Neighborhood: 90640

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $792,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $792,600