404 W Madison Avenue, Montebello, CA 90640

$949,999 Asking Price

5 beds
2 baths
2,322  sqft
Built in 1966

Rare Opportunity! Unique Dual-Unit Property on the Market for the First Time in Over 50 Years!!! Discover a truly rare gem! This unique and exclusive property, making its first appearance on the market in over five decades, offers incredible potential and versatility. Situated on a huge lot, this one-of-a-kind residence offers two units in one, perfect for multi-generational living or as an amazing income-generating investment property to add to your portfolio. With two separate addresses (404 W Madison and 404 1/2 W Madison) for mail and utility billing, you can easily rent out one or both units, offering incredible flexibility for homeowners or investors. The front dwelling offers a single story, two bed/two bathroom while the rear of the home offers 2 bedrooms with a bonus room and one and a half baths. The home can be used as a single family residence, a next-gen home offering additional family members privacy and independent living, or as a multi-unit generating multiple rental income streams. The backyard offers privacy and parking for multiple vehicles or recreation! Unwind in your own personal jacuzzi with a private cabana, adding a touch of luxury to this unique home. Truly must be seen in person to be fully appreciated! The property is ideally located close to shopping,

Features & Amenities

Interior

General:
Den
Appliances:
Gas Range, Gas Water Heater
Laundry:
Laundry Room, Inside
A/C:
true, Ceiling Fan(s), Central Air, Other
Heating:
true, Natural Gas, Central
Fireplace:
Den, Fireplace

Exterior

General:
Backyard, Back Yard
Pool:
Spa, None
Parking:
Detached

Construction

General:
1

Location

HOA Amenities:
0.0
School District:
Montebello Unified
County:
Los Angeles

Lot

Zoning:
MNR2, 6346008015
View:
Other

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Bon Vie Realty Group, TODD COLLINS

About Montebello, CA

Housing

Number of Units
19,194
Median Home Value
$534,938
Median Rent
$1,330

56.80% of housing units are renter occupied.

2.78% are vacant.

Commute

Car
74.02%
Public Transportation
4.49%
Walk to Work
2.06%
Work from Home
18.69%
Other
0.58%

The median travel time to work is 30 minutes.

People

Population
60,683
Median Age
37.70
Median Household Size
3.32

Education

High School
27.42%
Associate’s Degree
7.87%
Bachelor’s Degree
14.18%
Graduate Degree
5.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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