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1516 W Beverly TerraceMontebello, CA 90640

For Sale

$870,000

Smart Buyer Rebate $8,700

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.

Listed by Joe Napoli

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License #01279689

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RE/MAX INNOVATIONS

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626-825-4863

Last updated September 06, 2025

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Source: CRMLS #CV25199910

Listing Facts

  • TypeMulti-family
  • NeighborhoodSoutheast LA
  • Days on Prevu3

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/06/2025
Status changed to Active
$870,000
09/06/2025
Status changed to Removed from Feed
$870,000
09/05/2025
Listed by RE/MAX INNOVATIONS
$870,000

Property Details for 1516 W Beverly Terrace

Association

Amenities

  • Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Repairs Cosmetic
  • Roof: Composition, Common Roof
  • Stories: 1
  • Stories Total: 1
  • Window Features: Double Pane Windows
  • Year Built: 1948
  • Architectural Style: Traditional
  • Common Walls: No Common Walls
  • Construction Materials: Stucco, Wood Siding, Copper Plumbing
  • Entry Level: 1
  • Entry Location: Ground

Features

  • Direction Faces: South
  • Fencing: Block, Good Condition
  • Road Frontage Type: City Street
  • View: Hills, Neighborhood

Measurements

  • Building Area Total: 1,840
  • Building Area Units: Square Feet
  • Lot Features: Front Yard, Near Park, Near Public Transit, Rectangular Lot, Sloped Up
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,111
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,111
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $27,600.00
  • Operating Expense: $4,740.00

Taxes

  • Parcel Number: 6344026009

Interior

Features

  • Appliances: Vented Exhaust Fan, Water Heater
  • Interior Features: Laminate Counters, Unfurnished

Other

Location

  • Tax Lot: 18

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 1
  • Parking Features: Concrete, Door-Single, Driveway, Driveway Up Slope From Street, Garage, Garage Faces Side, See Remarks
  • Parking Total: 3

Utilities

Equipment

  • Electric: Standard
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside
  • Other Equipment: Satellite Dish
  • Sewer: Public Sewer
  • Utilities: Overhead Utilities
  • Water Source: Public

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.