Prime Investment Opportunity with ADU potential in the City of Montebello! This tenant-occupied duplex in the heart of Montebello is a great opportunity for investors seeking immediate and stable rental income. With a total of 1,556 sq ft, the property features two units: a front unit with 2 bedrooms and 1 bathroom, currently occupied by a reliable Section 8 tenant providing consistent, government-backed payments, and a rear unit with 1 bedroom and 1 bathroom, also tenant-occupied. The property is being sold with tenants in place, offering turnkey cash flow from day one and eliminating the hassle of vacancy or lease-up. Both units are separately metered except for water, and offer solid layouts with potential for value-add improvements. In addition, the detached 2-car garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), providing an opportunity to increase rental income and maximize property value. Located near shopping, dining, schools, and major freeways, this Montebello duplex sits in a strong rental market and is a smart addition to any investor’s portfolio.
MLS #
CRPW25106389
MLS Source
California Regional MLS
Days on Site
10
Cooling
Central Forced Air
Heating
Central Forced Air, Fireplace
Roof
Shingle
Pool
None
Garage/Parking
Garage: 2 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 2 | 2 |
140 N Greenwood Ave is a Duplex in Montebello, CA 90640. This – square foot property sits on a 6,350 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $975,000 and was built in 1939.
This address can also be written as 140 N Greenwood Ave, Montebello, CA 90640.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 15, 2025. For the most current information, please contact Robert Zuniga