$1,100,000

224 S Greenwood Ave Montebello, CA 90640

Estimated payment $6,649/month

Total Views 28,024
6 Beds
3 Baths
2,226 Sq Ft
$494 Price per Sq Ft

Highlights

  • Quartz Countertops
  • Ductless Heating Or Cooling System
  • Masonry wall
  • Double Pane Windows
  • Laundry Room
  • 4-minute walk to Montebello City Park

About This Home

Now Delivered Fully Vacant! – Turnkey Triplex in the Heart of Montebello!

Welcome to 224 S Greenwood Ave, a beautifully upgraded and thoughtfully reimagined property offering three fully independent living spaces on one lot. Recently converted from a single-family residence into a modern duplex plus a brand-new detached ADU, this is a rare investment opportunity with built-in income and owner-user potential.

The duplex consists of fully remodeled two side-by-side units, each offering 2 bedrooms and 1 bathroom, designed with bright, functional floorplans and tasteful updates. Each with their own washer/dryer hookups, separate gas and electric meters.

Tucked privately at the rear of the property is a spacious, detached brand new ADU featuring 2 bedrooms, 1 bathroom, and approximately 750 square feet of living space and in-unit washer/dryer hookups. With no shared walls and a separate entrance, it offers true privacy and comfort—ideal for owner-occupants or an additional rental. The ADU also has separate gas, electric, and water meters!

A long driveway provides ample off-street parking, enhancing accessibility and convenience for all occupants.

Centrally located in Montebello, you’re just minutes from shopping, dining, schools, and major freeways—positioning this property perfectly for both lifestyle and investment.

Whether you're an investor seeking strong cash flow or a homeowner looking to live in one unit and rent the others, 224 S Greenwood Ave is a move-in-ready, income-generating gem.

Listing Agent

George Seraydarian

Vikin' Realty Brokerage Email: v314@aol.com License #00920092 Listed on: 07/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,080

Year Built

  • Built in 1929

Lot Details

  • 6,741 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Vinyl Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2485
  • Assessor Parcel Number 6350010017
  • $876 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $100
  • Insurance Expense $3,339
  • Maintenance Expense $200
  • Trash Expense $5
  • Water Sewer Expense $200
  • New Taxes Expense $13,750
  • Operating Expense $17,594
  • Gross Income $92,400
  • Net Operating Income $74,806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,080

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.80
  • Price Per Unit: 366667
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 200.00
  • Zoning: MNR3YY
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 6350010017
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Entry Location: Street
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 494.16
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Masonry, Vinyl
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Ductless
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 5.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6741.00
  • Lot Size Acres: 0.1548

Multi Family

  • Gross Income: 92400.00
  • Gross Scheduled Income: 92400.00
  • Insurance Expense: 3339.00
  • Lot Size Area: 6741.0000 Square Feet
  • Maintenance Expense: 200.00
  • Net Operating Income: 74806.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 17594.00
  • Rent Control: No
  • Total Expenses: 17594.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Census Tract: 5321.01
  • Tax Lot: 12
  • Tax Tract Number: 2485
  • TaxOtherAnnualAssessmentAmount: 876.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,080 $668,100 $557,736 $110,364
2024 $10,080 $681,462 $520,200 $161,262
2023 $10,058 $668,100 $510,000 $158,100
2022 $2,247 $110,041 $23,533 $86,508
2021 $2,157 $107,884 $23,072 $84,812
2019 $2,046 $104,687 $22,389 $82,298
2018 $1,945 $102,635 $21,950 $80,685
2016 $1,853 $98,651 $21,099 $77,552
2015 $1,773 $97,171 $20,783 $76,388
2014 $1,759 $95,268 $20,376 $74,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $1,100,000 0.0% $494 / Sq Ft
07/24/2025 07/24/25 Off Market $1,100,000 -- --
07/14/2025 07/14/25 For Sale $1,100,000 -- $494 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $655,000 Orange Coast Title Company
Interfamily Deed Transfer -- Stewart Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Open $700,000 New Conventional
Previous Owner $80,500 Stand Alone First
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25157371

California Regional Multiple Listing Service (CRMLS)

APN: 6350-010-017