701 W Madison Avenue, Montebello, CA 90640

• 5,693 sqft

Property Description

We are pleased to present this rare North Montebello investment opportunity. Ideally located between Beverly Boulevard and Whittier Boulevard, the property offers residents convenient access to shopping, dining, and community amenities. Owned and meticulously maintained by the same family since 1987, this asset is being offered for sale for the first time in 38 years. The property features eight oversized units within two side-by-side fourplexes, providing spacious living accommodations and true pride-of-ownership appeal. Positioned on two separate parcels, each unit includes private garage parking with potential for additional value through ADU development. All units are separately metered for gas and electricity and include individual water heaters, ensuring efficient utility management and reduced operating expenses. The electrical panels have been fully upgraded, eliminating costly concerns for future ownership. Situated on a prominent corner lot, the property boasts excellent curb appeal and an 80 Walk Score, underscoring its pedestrian-friendly location. Governed solely by the statewide AB1482 Rent Ordinance, it is not subject to any additional local rent control restrictions, offering investors greater flexibility in operations. This is a truly exceptional opportunity to a

Listing Status:

Active

Date Added:

September 11, 2025 at 05:00AM

Listing Office:

Remax Commercial and Investment Realty : 213-817-1000

Listing Agent:

Shant Sherbetdjian : 626-657-8150

MLS ID:

CL25591067

Interior

• Laundry: Laundry Room

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: MNR36346012001

This listing courtesy of Shant Sherbetdjian, Remax Commercial and Investment Realty