$7,897 Closing Credit¹
#OC25078481, Charlie Lara, Listing Office: Joshua Watts
#DW25083518·
Listing office: Realty One Group United·
Listing agent: Rosanna Rodriguez·
Listing office phone: 562-739-3441
$549,999 List price
1828 Rainbow Terrace Ln Montebello, CA 90640
$6,531
Closing credit¹
3 beds
1 full, 1 partial
1,303 sqft
5.9 acres
$422 / sqft
Condo
Property details
About 1828 Rainbow Terrace Ln
Welcome to this charming and well-located condo in the beautiful city of Montebello! This spacious 3-bedroom, 1.5-bath end-unit offers an excellent opportunity for buyers looking to personalize a home to their taste. The property is a fixer and in need of repairs, making it ideal for those seeking a project with great potential. With direct access through your private 2-car garage, you'll enjoy both privacy and convenience. Step inside to discover a layout full of potential, highlighted by a HUGE master bedroom featuring vaulted ceilings and stunning city views. Whether you're a first-time buyer or a savvy investor, this home provides a perfect blank canvas to make your own. The community boasts a beautifully maintained pool—ideal for relaxing or enjoying sunny summer days. Located just minutes from the exciting new Monterey Park Marketplace, you'll have easy access to major retailers like Costco and Home Depot, as well as a variety of popular restaurants and shops. Commuters will appreciate the quick and easy access to the 60 Freeway, while locals will love being close to The Shops at Montebello and a wide selection of dining options. Don’t miss your chance to own in this desirable area with strong upside potential. Schedule a tour today and imagine the possibilities!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,303 sqft
Lot size5.8712 Acres
Year built1977
ParkingGarage Faces Rear
MLS #DW25083518
Attached garage2 spaces
ViewNeighborhood
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Interior: Beamed Ceilings, High Ceilings, All Bedrooms Up
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage Faces Rear
- View: Neighborhood
- Heating: Central
- Cooling: Central Air
- List Price: $549,999
- Price/SqFt: $422
- HOA Amount: $480
- HOA Frequency: Monthly
- Annual Tax Amount: $2,267
- Tax Year: 2024
- Directions: Turn right on Neil Armstrong then right on Rainbow Terrace Ln
- Year Built: 1977
- Stories: 2
- Living Area: 1,303 SqFt
- Lot Size: 5.8712 Acres
- MLS Number: DW25083518
- MLS Name: CRMLS
- Office Name: Realty One Group United
- Office Phone: (562) 739-3441
- Listing Agent: Rosanna Rodriguez
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: 5/8/2025, 5:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,999
1828 Rainbow Terrace Ln
$6,531
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $121,119 | $2,267 |
| 2023 | $118,745 | $2,247 |
| 2022 | $116,418 | $2,170 |
| 2021 | $114,136 | $2,072 |
| 2020 | $112,967 | $1,960 |
| 2019 | $110,753 | $1,958 |
| 2018 | $108,582 | $1,918 |
| 2017 | $106,454 | $1,918 |
History based on county public records data.
Nearby schools
8
Potrero Heights Elementary
Public District KG-5
0.2 mi
•8026 Hill Dr
6
Rice (Eldridge) Elementary School
Public District KG-6
0.9 mi
•2150 Angelus Ave
7
Hillcrest Elementary School
Public District KG-6
1.0 mi
•795 Pepper St
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 $68,128. The most common annual income of people living in Montebello, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
62%
35k-100k
17%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
14%
Single, with Kids
30%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Yoga/pilates
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
H&M
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Dominos Pizza
What do the neighbors drive?
Mazda
Lincoln
Audi
What do the neighbors listen to?
Rock
Classical
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1828 Rainbow Terrace Ln
The listing price of 1828 Rainbow Terrace Ln property is $549,999.
The property 1828 Rainbow Terrace Ln is a condo located in Montebello, California, 90640.
Active Listing: 1828 Rainbow Terrace Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1828 Rainbow Terrace Ln are: Potrero Heights Elementary (GreatSchools Rating 8/10), Rice (Eldridge) Elementary School (GreatSchools Rating 6/10), Hillcrest Elementary School (GreatSchools Rating 7/10), La Merced Intermediate (GreatSchools Rating 5/10), Temple (Roger W.) Intermediate School (GreatSchools Rating 7/10), Garvey (Richard) Intermediate School (GreatSchools Rating 9/10), Schurr High School (GreatSchools Rating 3/10), Mark Keppel High School (GreatSchools Rating 10/10), Montebello High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $2,267 (source: MLS/based on county public records data).
The property at 1828 Rainbow Terrace Ln has 3 bedrooms and 1 full and 1 half bathrooms.
The property 1828 Rainbow Terrace Ln is 1,303 SqFt (source: MLS/tax record).
The year of construction for 1828 Rainbow Terrace Ln is 1977.
This home is located at 1828 Rainbow Terrace Ln in Montebello, CA and zip code 90640 in the The Southeast neighborhood. This 1,303 square foot home, which was built in 1977, sits on a 5.87 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $549,999.
Over 9 listings were sold over their listed price in April 2025 in Montebello, CA. In the same period over 2 listings were sold below the listed price and 4 listings were sold for the listed price. In April 2025 in Montebello, CA there were 10.9% more homes for sale than in March. In April 2025 median list price was $801,606 and the average listing age was 21 days.
From Rocket Homes Real Estate and based on county public records data.