1516 W Beverly Terrace Montebello, CA 90640
Estimated payment $4,931/month
Total Views
557
3
Beds
3
Baths
1,840
Sq Ft
$473
Price per Sq Ft
Highlights
- Popular Property
- Property is near a park
- No HOA
- View of Hills
- Traditional Architecture
- Up Slope from Street
About This Home
They say it’s what’s on the inside that counts—and 1516 W. Beverly Terrace in Montebello proves it! Step onto the property and you’ll immediately notice the signs of care: dual-pane windows, copper plumbing, sewer cleanouts, and a solid roof that gives peace of mind. Sure, it could use a little cosmetic polish, but beneath the surface lies a triplex full of potential. For an owner-user, it’s a chance to put your personal touch on a well-maintained property in a prime location. For an investor, it’s a golden opportunity: two units are already occupied by long-term tenants, while the third is ready for a new tenant of your choice. Public records show three one-bedroom, one-bath units, but one has been expanded into a two-bedroom, opening the door to even greater rental income. Don’t forget the garages—currently used for storage by the landlord, but easily converted into additional income streams. And here’s the kicker: aside from California’s state rent control requirements, there are no additional City of Montebello rent control restrictions—a huge advantage for investors. This is a trust sale, so expenses are estimated, but the value is undeniable. Whether you’re looking for a home with income potential or an addition to your portfolio, 1516 W. Beverly Terrace is a must-see.
Listing Agent
RE/MAX INNOVATIONS Brokerage Phone: 626-825-4863 License #01279689 Listed on: 09/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,722
Year Built
- Built in 1948
Lot Details
- 7,111 Sq Ft Lot
- No Common Walls
- South Facing Home
- Block Wall Fence
- Fence is in good condition
- Rectangular Lot
- Front Yard
Parking
- 2 Car Garage
- 1 Open Parking Space
- Parking Available
- Side Facing Garage
- Single Garage Door
- Up Slope from Street
- Driveway Up Slope From Street
Property Views
- Hills
- Neighborhood
Home Design
- Triplex
- Traditional Architecture
- Cosmetic Repairs Needed
- Raised Foundation
- Composition Roof
- Common Roof
- Wood Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 1,840 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Laminate Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
- Suburban Location
Utilities
- Vented Exhaust Fan
- Overhead Utilities
- Standard Electricity
- Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 14381
- Assessor Parcel Number 6344026009
- $1,846 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Trash Expense $1,440
- Water Sewer Expense $1,500
- Operating Expense $4,740
- Gross Income $27,600
- Net Operating Income $16,580
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,722 | $62,447 | $37,238 | $25,209 |
| 2024 | $2,722 | $61,223 | $36,508 | $24,715 |
| 2023 | $2,671 | $60,024 | $35,793 | $24,231 |
| 2022 | $2,587 | $58,848 | $35,092 | $23,756 |
| 2021 | $2,460 | $57,695 | $34,404 | $23,291 |
| 2019 | $2,276 | $55,986 | $33,385 | $22,601 |
| 2018 | $2,151 | $54,889 | $32,731 | $22,158 |
| 2016 | $2,074 | $52,760 | $31,461 | $21,299 |
| 2015 | $2,023 | $51,969 | $30,989 | $20,980 |
| 2014 | $2,026 | $50,952 | $30,382 | $20,570 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $870,000 | -- | $473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25199910
APN: 6344-026-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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