#PW25007646, Jesus Zambrano, Listing Office: The Mantelli Group
$10,000
closing credit¹
1401 W Olympic Blvd Montebello, CA 90640
Property details
About 1401 W Olympic Blvd
A lucrative investment opportunity! This property features four 1-bedroom, 1-bathroom units, each with separate gas and electric meters, ensuring convenience for tenants and minimal hassle for the owner. Additionally, the property generates extra income by renting out vehicle parking spaces for $800/month. Situated in a desirable Montebello location, this multi-unit property is perfect for investors seeking steady rental income and strong demand. This property boasts commercial zoning, providing exceptional versatility and investment potential.
Highlights
(Pending)
Summary
- MLS Number: SR24237844
- MLS Name: CRMLS
- Office Name: Luxury Collective
- Office Phone: (818) 321-7401
- Listing Agent: Xavier Franco
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: 2/1/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
1401 W Olympic Blvd
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 12, 1996 | Home Sold | $138,500 |
Jun 19, 1995 | Home Sold | $395,656 |
Oct 18, 1989 | Home Sold | $329,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $321,201 | $5,452 |
2023 | $314,904 | $5,474 |
2022 | $308,730 | $5,303 |
2021 | $302,678 | $5,129 |
2020 | $299,575 | $4,948 |
2019 | $293,702 | $4,929 |
2018 | $287,944 | $4,819 |
2017 | $282,299 | $4,819 |
History based on county public records data.
Nearby schools
6
Washington Elementary
Public District KG-5
0.6 mi
•1400 W Madison Ave
4
Greenwood Elementary
Public District KG-5
0.8 mi
•900 S Greenwood Ave
4
Fremont Elementary School
Public District KG-5
1.0 mi
•200 W Madison 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 $58,667. The most common annual income of people living in Montebello, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 1401 W Olympic Blvd in Montebello, CA and zip code 90640 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,000,000.
While more than 10 listings in Montebello, CA in December 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. Between November and December 2024, Montebello, CA real estate market has seen decrease in the number of listings by 18.2%. In December 2024 median list price was $810,000 and the average listing age was 28 days.