NOT LISTED FOR SALE

140 N Greenwood Ave Montebello, CA 90640

Estimated Value: $902,000 - $940,000

3 Beds
2 Baths
1,556 Sq Ft
$597/Sq Ft Est. Value

About This Home

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Sogutlu Nubar and Sogutlu Siranoch
Bought by
Sogutlu Nubar and Sogutlu Siranoch
Current Estimated Value
$928,884

Purchase Details

Closed on
Aug 10, 2018
Sold by
Sogutlu Nubar and Sogutlu Siranoch
Bought by
Nubar Sogutlue and Nubar Siranoch Sogutlu Join

Purchase Details

Closed on
Nov 16, 2010
Sold by
Mosgrove Denise and The Mary Margaret Lara Revocab
Bought by
Sogutlu Nubar and Sogutlu Siranoch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1996
Sold by
Lara M Margaret and Lara Mary Margaret
Bought by
Lara Mary Margaret and Lara Mary Margaret

Purchase Details

Closed on
Sep 28, 1994
Sold by
Lara Manuel
Bought by
Lara M Margaret and Lara Manuel
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sogutlu Nubar -- None Available
Nubar Sogutlue -- None Available
Sogutlu Nubar $345,000 Advantage Title Inc
Lara Mary Margaret -- --
Lara M Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sogutlu Nubar $243,000
Previous Owner Sogutlu Nubar $245,000
Previous Owner Sogutlu Nubar $245,000
Previous Owner Lara Mary Margaret $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $950,000 -2.6% $611 / Sq Ft
05/14/2025 05/14/25 For Sale $975,000 -- $627 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,132 $441,994 $288,259 $153,735
2024 $7,132 $433,328 $282,607 $150,721
2023 $7,096 $424,832 $277,066 $147,766
2022 $6,858 $416,503 $271,634 $144,869
2021 $6,602 $408,337 $266,308 $142,029
2020 $6,460 $404,151 $263,578 $140,573
2019 $6,282 $396,227 $258,410 $137,817
2018 $6,333 $388,459 $253,344 $135,115
2016 $6,078 $373,376 $243,507 $129,869
2015 $5,773 $367,769 $239,850 $127,919
2014 $5,705 $360,566 $235,152 $125,414
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Robert Zuniga

    RE/MAX

    (714) 495-0797

    10 Total Sales

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Map

California Los Angeles County Montebello 90640

140 N Greenwood Ave, Montebello, CA

This home is located at 140 N Greenwood Ave, Montebello, CA 90640 and is currently estimated at $928,884, approximately $596 per square foot. 140 N Greenwood Ave is a home located in Los Angeles County with nearby schools including Washington Elementary School, Montebello Intermediate School, and Montebello High School.

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