#MB25059889, TERESA M. IBARRA LOPEZ, Listing office: CENTURY 21 ALLSTARS
$950,000 List price
140 N Greenwood Ave Montebello, CA 90640
0.1 acres
Multi-Family
Property details
About 140 N Greenwood Ave
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.
Highlights
Home typeDuplex
HeatingCentral, Fireplace(s)
StatusActive
CoolingCentral Air
Lot size0.1458 Acres
Year built1939
MLS #PW25106389
Garage2 spaces
Summary
- Garage Space: 2 spaces
- Private Pool: No
- Heating: Central, Fireplace(s)
- Cooling: Central Air
- List Price: $950,000
- Annual Tax Amount: $7,131
- Tax Year: 2024
- Directions: Right on Greenwood from Whittier Blvd
- Year Built: 1939
- Stories: 1
- Lot Size: 0.1458 Acres
- MLS Number: PW25106389
- MLS Name: CRMLS
- Office Name: Re/Max Top Producers
- Office Email: re@robzuniga.com
- Listing Agent: Robert Zuniga
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 8:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 2010 | Home Sold | $345,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $433,328 | $7,131 |
| 2023 | $424,832 | $7,095 |
| 2022 | $416,503 | $6,857 |
| 2021 | $408,337 | $6,601 |
| 2020 | $404,151 | $6,282 |
| 2019 | $396,227 | $6,332 |
| 2018 | $388,459 | $6,202 |
| 2017 | $380,843 | $6,202 |
History based on county public records data.
Nearby schools
6
Washington Elementary
Public District KG-5
0.3 mi
•1400 W Madison Ave
4
Fremont Elementary School
Public District KG-5
0.6 mi
•200 W Madison Ave
5
La Merced Elementary
Public District KG-5
1.1 mi
•724 N Poplar Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,746. Most Montebello, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
57%
<35k
40%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 140 N Greenwood Ave
The listing price of 140 N Greenwood Ave property is $950,000.
The property 140 N Greenwood Ave is a multi located in Montebello, California, 90640.
Active Listing: 140 N Greenwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 140 N Greenwood Ave are: Washington Elementary (GreatSchools Rating 6/10), Fremont Elementary School (GreatSchools Rating 4/10), La Merced Elementary (GreatSchools Rating 5/10), Montebello Intermediate (GreatSchools Rating 5/10), La Merced Intermediate (GreatSchools Rating 5/10), Eastmont Intermediate (GreatSchools Rating 5/10), Applied Technology Center (GreatSchools Rating 5/10), Montebello High School (GreatSchools Rating 2/10), Schurr High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $7,131 (source: MLS/based on county public records data).
The last sale was on December 30, 2010 for $345,000 (source: MLS/tax record).
The year of construction for 140 N Greenwood Ave is 1939.
This home is located at 140 N Greenwood Ave in Montebello, CA and zip code 90640 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $950,000.
Montebello, CA housing market in June 2025 saw over 9 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. The number of homes for sale in Montebello, CA increased by 3% between May and June 2025. Listings spent 8 days on the market in June 2025, and had a median list price of $827,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.