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$2,300,000

Listing Price

9beds

8baths

2,933sqft

7,359sqft lot

701 W Madison Ave, Montebello, CA 90640

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Multi-Family

Home type

--

Price / sqft

1951

Year built

Home Details

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 acquire a long-held, well-maintained asset in one of Montebellos most desirable neighborhoods. Please note, this sale includes 2 separate fourplexes situated side by side, all information provided is a

Interior Details

Square Feet
  • 2933

Bedrooms
  • 9

Bathrooms
  • 8

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7359

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • Quadraplex

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$5,675

$133,876

$240,991

--%

$374,867

2019

$5,675

$131,251

$236,266

--%

$367,517

2018

$5,704

$128,678

$231,634

--%

$360,312

2017

$5,578

$126,155

$227,093

--%

$353,248

2016

$5,435

$123,682

$222,641

--%

$346,323

2014

$5,092

$119,439

$215,002

--%

$334,441

2013

$5,098

$118,900

$214,031

--%

$332,931

2012

$4,900

$116,569

$209,835

--%

$326,404

percent-home-icon

Average Home Price in 90640

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Sold Date

$--

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$2,300,000

9 Beds

8 Baths

2,933 Sqft

7,359 Lot (sqft)

Sold 10/13/2026

$--

4 Beds

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Sold 10/27/2026

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,300,000
$
Down payment
460,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
13,800
$
HOA (Monthly)
0
$
PMI
0
$
$14,888
Your Payment
Total Monthly Payment:$14,888
Percent of Income:255%
Affordable:No

Details for 701 W MADISON AVE

Property Debt

Foreclosure Contact Details