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$850,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 1516 W Beverly Terrace

General

  • Sold For: $850,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: CV25199910
  • Added to Site: 134 day(s) ago

Interior

  • Interior Features: Copper Plumbing (Full), Laminate Counters, Unfurnished
  • Fireplace(s): None
  • Appliances: Vented Exhaust Fan, Water Heater

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, Inside, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Satellite Dish

Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage Faces Side, Garage (Single Door), See Remarks
  • Parking: Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage Faces Side, Garage (Single Door), See Remarks

Location

  • Area: 674 - Montebello
  • County: Los Angeles
  • Development Name: 674 - Montebello
  • Driving Directions: Between 16th and Maple just south of Beverly Boulevard
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Traditional
  • Foundation: Raised
  • Roof: Common Roof, Composition
  • Windows: Double-Pane Windows
  • Entry Location: Ground
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,840
  • Year Built: 1948

Lot Features

  • Property View: Hills, Neighborhood
  • Lot Size (Acres): 0.1632
  • Lot Size Source: Assessor
  • Zoning: MNR3YY
  • Lot Description: Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Slopes Up from Street, Utilities - Overhead

Financial Considerations

  • Price Per Sq. Ft.: $461.96
  • Price Per Unit: 290000

Listed and Sold by Re/Max Innovations, Joe Napoli

Listing agent

— 1516 W Beverly Terrace —

  • Joe Napoli

    Re/Max Innovations

626-825-4863

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1516 W Beverly Terrace

School District:Montebello Unified School District
NameGradesDistance
Washington Elementary School, Montebello, CA
1400 West Madison Avenue, Montebello, CA 90640
K-50.2 mi
Montebello Intermediate School
1600 Whittier Boulevard, Montebello, CA 90640
6-80.4 mi
Montebello High School
2100 West Cleveland Avenue, Montebello, CA 90640
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1516 W Beverly Terrace

Date
Details
Price
Change
Source
10/10/2025
Sold
$850,000
-2.3%
MLS
9/05/2025
Listed
$870,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Re/Max Innovations, Joe Napoli

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1516 W Beverly Terrace, Montebello, CA 90640 (MLS# CV25199910) is a Multi-Family property that was sold at $850,000 on October 10, 2025. Want to learn more about 1516 W Beverly Terrace? Do you have questions about finding other Multi-Family real estate for sale in Montebello? You can browse all Montebello real estate or contact a Coldwell Banker agent to request more information.