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Sheryl Lynn Johnson

sheryllynn@connectingheartstohomes.com +1(805) 907-8270

Listed by Joe Napoli • RE/MAX INNOVATIONS

$ 870,000

Est. payment -/mo

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1516 West Beverly Terrace Montebello, CA 90640

1,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $472

MLS Listing ID CV-25199910

Style Traditional

Year Built 1948

Lot Size 7,111 Sqft

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Los Angeles

Area 674 - Montebello

Zoning MNR3YY

Interior

Interior Features Copper Plumbing Full, Laminate Counters, Unfurnished

Fireplaces Type None

Laundry Gas Dryer Hookup, Inside, Washer Hookup

Exterior

Exterior Feature Satellite Dish

Parking Features Driveway Up Slope From Street, Garage, Garage - Single Door, Garage Faces Side, See Remarks, Concrete, Driveway

Garage Spaces 2.0

Pool None

Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

View Y/N Yes

View Hills

Building

Lot Description Front Yard, Near Public Transit, Park Nearby, Rectangular Lot, Up Slope from Street, Utilities - Overhead

Sewer Public Sewer

Sheryl Lynn Johnson

Broker Associate | License ID: 01446902

+1(805) 907-8270

Sheryl Lynn Johnson

1516 West Beverly Terrace Montebello, CA 90640

Key Details

Location

Interior

Exterior

Building

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1516 West Beverly Terrace