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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!
Property Type(s):
Residential Income
| Last Updated | 2/21/2025 | Year Built | 1931 |
|---|---|---|---|
| Community | Montebello | Garage Spaces | 3.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Montebello |
| FIREPLACE | Yes |
| GARAGE | Driveway, Garage, Yes |
| HEAT | Floor Furnace, Wall Furnace |
| LOT | 0.75 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Near Public Transit |
| PARKING | Driveway,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | MNR1YY |
Location
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Listed with WEDGEWOOD HOMES REALTY
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