1516 West Beverly Terrace

Montebello CA 90640

7111 sq. ft.

Multi-Family

Last sold for $850,000

Joe Napoli, last sold this property on 10 October 2025 after 34 days on market.

Overview

They say its whats on the inside that countsand 1516 W. Beverly Terrace in Montebello proves it! Step onto the property and youll 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, its a chance to put your personal touch on a well-maintained property in a prime location. For an investor, its 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. Dont forget the garagescurrently used for storage by the landlord, but easily converted into additional income streams. And heres the kicker: aside from Californias state rent control requirements, there are no additional City of Montebello rent control restrictionsa huge advantage for investors. This is a trust sale, so expenses are estimated, but the value is undeniable. Whether youre looking for a home with income potential or an addition to your portfolio, 1516 W. Beverly Terrace is a must-see.

Features

3 bedrooms

3 bathrooms

7111 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Montebello over the last 12 months.

Property history for 1516 West Beverly Terrace

2025

Sold

$850,000

10 Oct 2025 by Joe Napoli, of RE/MAX Innovations

Happy sellers in Montebello

<50%

Less than 50% of sellers in Montebello reported that their sale price either exceeded or met their price expectations.

Montebello stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Montebello over the last 12 months.

Local market activity for 3 bedroom multi families in Montebello

In the last 12 months, 1 three-bedroom multi family similar to 1516 West Beverly Terrace, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Montebello for a market analysis.

Lan "Gloria" Xiao

at Re/Max Elite Realty

(110 reviews)

Get a market analysis

Rosaalva Gallegos

(4 reviews)

Get a market analysis

Gary E. LaTourette

at Vista Sotheby's Int'l Realty

(2 reviews)

Get a market analysis

YING-HUEI CHOU

at K.W. Executive

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Montebello

Lan "Gloria" Xiao

Lan "Gloria" Xiao is an award winning recommended agent for Montebello. They have 3 local sales and collected 4 local reviews across the last 12 months.