1 of 21

Want to see this property?

717 S Greenwood Avenue

Montebello, CA 90640

– beds
– baths
– sqft
~3/4 acre lot
1931 build
– on site

One-of-a-Kind Investor-Developer Opportunity in Montebello. Presenting a rare and exceptional investment opportunity in the heart of Montebello! This expansive, multi-use property offers immense potential for development, with a large Spanish-style residence, a vacant portion of the lot, and an income-producing triplex, all on one parcel. The main residence features a charming 3-bedroom, 2-bath layout with classic Spanish architectural details. It boasts a huge backyard with ample space for outdoor living, plus plenty of parking for vehicles or RVs—an ideal space for those seeking a private retreat or looking to expand the property. The property also includes a vast, vacant portion of the lot, offering prime space for future development. Whether you’re considering building additional dwellings, adding accessory dwelling units (ADUs), or exploring other development opportunities, the potential here is boundless. On the opposite side of the lot, includes a triplex generating steady rental income, providing immediate returns. Each unit has its own private outdoor patio, with a convenient 3-car garage and additional driveway space for parking. A shared laundry facility adds to the appeal for tenants and ensures low-maintenance operation. With its combination of residential charm, development-ready land, and income-producing units, this property represents a unique opportunity for visionary investors and developers. Whether you’re looking to expand the existing structures or embark on a larger-scale development project, the possibilities are endless. Don’t miss out on this rare opportunity in a prime Montebello location. Contact us today!

Listed By CRMLS_CA / RAY DURAN, JR. / WEDGEWOOD HOMES REALTY / 323-974-5868

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# MB25037199 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1931
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3021.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Roof:

Composition
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall
Faces:

East
# of Separate Gas Meters:

3
# of Separate Water Meters:

2
# of Separate Electric Meters:

3

Interior

Levels:

One
Entry Location:

Front
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Outside
Laundry:

1

Location

Directions:

Use cell phone guidance
Latitude:

34.00073200
Longitude:

-118.11642000

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Repairs Cosmetic
Zoning:

MNR1YY
Lot Features:

Back Yard, Front Yard, Lot 20000-39999 Sqft, Near Public Transit
Lot Size Area:

32775.0000
Lot Size Acres:

0.7524
Lot Size SqFt:

32775.00
Lot Size Source:

Assessor
View:

None
Fencing:

Block, Chain Link
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5320.02
Tax Lot:

45

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6353008025

Heating & Cooling

Heating:

1
Heating:

Floor Furnace, Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Driveway, Garage
Parking Spaces:

3.00
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/21/25 Feb 21, 2025	Listed / Active	CRMLS_CA	$1,699,000

Multifamily For Sale

$1,699,000

Listing provided by broker:

RAY DURAN, JR.

WEDGEWOOD HOMES REALTY

323-974-5868

Want a closer look?

Go see 717 S Greenwood Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Montebello, CA

Similar sold homes

This multifamily located in Southeast La, Montebello, CA 90640 is currently for sale for $1,699,000. 717 S Greenwood Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 717 S Greenwood Avenue is in the Southeast La neighborhood of Montebello and has a WalkScore® of 61, making it somewhat walkable. This multifamily is in the attendance area of Greenwood Elementary School, Montebello High School, and Montebello Intermediate School.

Listing Courtesy of: CRMLS_CA and WEDGEWOOD HOMES REALTY. Based on information from California Regional Multiple Listing Service, Inc. as of 11:42 on Feb 22.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.