1504 W Beverly Blvd

Montebello, CA 90640

$1,050,000
Last Sold Price
7
Beds
5
Baths
3,583 Sq. Ft.
$293 / Sq. Ft.
3,583
Sq. Ft.
$293
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 9/29/25
Sold 9/29/25
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Description

Price Reduced $140,000 | 13.06 GRM Proudly offered for the first time in over 40 years, this plenty of value add opportunity for this 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and...Price Reduced $140,000 | 13.06 GRM Proudly offered for the first time in over 40 years, this plenty of value add opportunity for this 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.
  1. Listed by Shant Sherbetdjian • DRE #01713570 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 1504 West Beverly Boulevard

Zoning
MNR3*
Cross Streets
N Maple Ave & W Beverly Blvd
Property Attached YN
true
Parcel Number
5294014036
Total Units
5.0
Living Area
3583
Source Living Area
Vendor Enhanced
Area
Montebello (674)
LISTING UPDATED: 09/29/2025 04:01 PM

Property Details for 1504 West Beverly Boulevard

StatusSold
MLS #25569469
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.15 AC / 6,366 SF
CountyLos Angeles County
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Location

Listing Courtesy of Remax Commercial and Investment Realty, Shant Sherbetdjian, DRE #01713570

Sold By Remax Commercial and Investment Realty, Shant Sherbetdjian, DRE #01713570

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Building Information for 1504 West Beverly Boulevard

Stories2Residences-Year Built1955Building Size-Lot Size0.15 AC / 6,366 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$5,912 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,118

Property Taxes

$794

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1504 West Beverly Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Direction Faces: South
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $81,713
  • Net Operating Income: $42,694.00
  • Gross Income: $84,240
  • Gross Rent Multiplier: $13.06
  • Vacancy Allow Dollar: $2,527.00
  • Vacancy Allow Percent: .00%
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 39019
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.1461
  • Lot Size Square Feet: 6366
Parking Details
Parking Details
  • Parking Garage: Carport Attached
  • Total Parking: 5
  • Covered Parking: 5
  • Parking Features: Attached Carport
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: Other
  • Common Walls: Attached
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-24-2025
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,512.00
  • Unit Actual Rent: $1,512.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,620.00
  • Unit Actual Rent: $1,620.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,188.00
  • Unit Actual Rent: $1,188.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,188.00
  • Unit Actual Rent: $1,188.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,512.00
  • Unit Actual Rent: $1,512.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $279,687.00
  • Assessed Improvement Percent: 73.73
  • Assessed Land Value: $99,659.00
  • Assessed Land Percent: 26.27
  • Assessed Total Value: $379,346.00

Property History for 1504 West Beverly Boulevard

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Sold

CRMLS #25569469

$1,050,000—
Sep 29, 2025

Sold

CLAW #25569469

$1,050,000—
Sep 23, 2025

Sold (Public Record)

Public Record #1914104804

$1,050,000—
Sep 18, 2025

Sold (Public Record)

Public Record #1913317877

$1,050,000—
Sep 11, 2025

Pending

CLAW #25569469

—
Sep 11, 2025

Accepting Backup Offers

CLAW #25569469

—
Sep 11, 2025

Accepting Backup Offers

CRMLS #25569469

—
Sep 3, 2025

Price Change

CLAW #25569469

$1,100,000—
Sep 3, 2025

Price Change

CRMLS #25569469

$1,100,000—
Jul 24, 2025

Listed (Active)

CRMLS #25569469

$1,240,000—
Jul 24, 2025

Listed (Active)

CLAW #25569469

$1,240,000—
DateEvent & SourcePrice
09/29/2025

Sold

CRMLS #25569469

$1,050,000
09/29/2025

Sold

CLAW #25569469

$1,050,000
09/23/2025

Sold (Public Record)

Public Record #1914104804

$1,050,000
09/18/2025

Sold (Public Record)

Public Record #1913317877

$1,050,000
09/11/2025

Pending

CLAW #25569469

—
09/11/2025

Accepting Backup Offers

CLAW #25569469

—
09/11/2025

Accepting Backup Offers

CRMLS #25569469

—
09/03/2025

Price Change

CLAW #25569469

$1,100,000
09/03/2025

Price Change

CRMLS #25569469

$1,100,000
07/24/2025

Listed (Active)

CRMLS #25569469

$1,240,000
07/24/2025

Listed (Active)

CLAW #25569469

$1,240,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1504 West Beverly Boulevard

Taxable ValueLand$101,652Additions$285,280Total$386,932
Tax Record2025$9,526 ($794 / month)
Home Facts
Total Finished SqFt3,583 SqFtAbove Grade Finished SqFt3,583 SqFtLot Size6,364 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningMNR3*CountyLOS ANGELESAPN5294-014-036

Schools near 1504 West Beverly Boulevard

This home is within Montebello Unified School District.
Rating
School
Type
Grades
Distance
Wilcox Elementary School
Public - K to 5
Montebello Intermediate School
Public - 6 to 8
Montebello High School
Public - 9 to 12
Applied Technology Center
Public - 9 to 12
Rating
School
Distance
Wilcox Elementary School
PublicK to 5

Montebello Intermediate School
Public6 to 8

Montebello High School
Public9 to 12

Applied Technology Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Shant Sherbetdjian, DRE #01713570

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.