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408 W Madison Ave, Montebello, CA 90640

Sale Price: $880,000
Sep 20, 20241,672 sqft4 beds2 baths
Listed by: TODD COLLINS
License #: 01397262
Phone #: 951-334-8702
Bon Vie Realty Group
Source:
CRMLS Logo
MLS #: IV24196094

Property Description

This rare and exclusive property is on the market for the first time in over five decades! Located on a huge lot, the property features two separate units, each with its own full kitchen and living spaces, making it ideal for a variety of living or investment opportunities! The front unit includes 2 bedrooms, 1 bathroom, and a full kitchen, while the rear unit offers 2 large bedrooms, 1 bathroom, and a full kitchen—perfect for extended family or rental income. With two separate addresses (408 W Madison/410 W Madison) for individual mail reception and utility billing, you can rent out one unit to reduce expenses or rent both to generate dual income from a single property. Both units are absolutely gorgeous! Ample space is available to park multiple vehicles, and the location is just minutes from shopping, dining, and downtown amenities! Don’t miss this once-in-a-lifetime opportunity to own a truly unique property with endless potential!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,796

TurboHome Estimated Value

$943,200

$564 sqft

High Valuation
$990,360
$592/sqft
Normal Valuation
$943,200
$564/sqft
Low Valuation
$896,040
$536/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$564/sqft$943,200

Neighborhood

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Comparative Value

$859K

$880K

$890K

$900K

$1.02M

336 N Greenwood Ave, Montebello, CA 90640

Sale Price: $859,000

Selected Comparable

432 N 6th St, Montebello, CA 90640

Sale Price: $865,000

Selected Comparable

408 W Madison Ave, Montebello, CA 90640

Sale Price: $880,000

Selected Comparable

625 N 7th St, Montebello, CA 90640

Sale Price: $890,000

Selected Comparable

408 W Madison Ave, Montebello, CA 90640

List Price: $899,999

Subject Property

229 N 6th St, Montebello, CA 90640

Sale Price: $1,020,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
408 W Madison Ave, Montebello, CA 90640

408 W Madison Ave, Montebello, CA 90640

List: $899,999

Listed: 9/20/2024

Area:1,672 sqft
Price/sqft:$538
Beds:4
Baths:2
Year Built:
Lot Size:6,057

Comparable Properties

COMPARABLE
Choose comps
408 W Madison Ave, Montebello, CA 90640

408 W Madison Ave, Montebello, CA 90640

Sale: $880,000

11/21/20240.00 mi

Area:1,672 sqft
Price/sqft:$526
Beds:4
Baths:2
Year Built:
Weight:21.8%
625 N 7th St, Montebello, CA 90640

625 N 7th St, Montebello, CA 90640

Sale: $890,000

9/24/20240.46 mi

Area:1,649 sqft
Price/sqft:$540
Beds:4
Baths:2
Year Built:
Weight:20.2%
432 N 6th St, Montebello, CA 90640

432 N 6th St, Montebello, CA 90640

Sale: $865,000

4/9/20250.21 mi

Area:1,936 sqft
Price/sqft:$447
Beds:4
Baths:2
Year Built:
Weight:20.0%
336 N Greenwood Ave, Montebello, CA 90640

336 N Greenwood Ave, Montebello, CA 90640

Sale: $859,000

7/3/20250.43 mi

Area:1,678 sqft
Price/sqft:$512
Beds:3
Baths:2
Year Built:
Weight:19.1%
229 N 6th St, Montebello, CA 90640

229 N 6th St, Montebello, CA 90640

Sale: $1,020,000

7/7/20250.13 mi

Area:1,907 sqft
Price/sqft:$535
Beds:4
Baths:3
Year Built:
Weight:18.8%

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