$10,000

closing credit¹

1401 W Olympic Blvd Montebello, CA 90640

$1,000,000
0.1 acres
Multi-Family

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

Home typeQuadruplex
HeatingWall Furnace
StatusSale Pending
(Pending)
CoolingWall/Window Unit(s)
Lot size0.1087 Acres
Year built1952
ParkingAttached Carport, Door-Multi, Garage
MLS #SR24237844
Garage4 spaces

Summary

  • MLS Number: SR24237844
  • MLS Name: CRMLS
  • Office Name: Luxury Collective
  • Office Phone: (818) 321-7401
  • Listing Agent: Xavier Franco

IDX 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

DateEventPrice
Jan 12, 1996
Home Sold
$138,500
Jun 19, 1995
Home Sold
$395,656
Oct 18, 1989
Home Sold
$329,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

25%
<35k
68%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
20%
Single, with Kids
16%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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