$685,000
●
House -
Off Market
344 N 1st Street
Montebello, CA 90640
2 Beds
1 Bath
888 Ft²
$3,274
Est. Monthly
About This Property
Discover this charming fixer-upper gem perfectly situated on a
spacious flat corner lot! This cozy 2-bedroom, 1-bathroom home
offers nearly 900 sq ft of living space with a smart,
well-thought-out layout that's ready for your personal touch and
updates. Enjoy the freedom of no HOA, plus the added bonus of a
detached 2-car garage for parking, storage, potential ADU, or your
next project. Best of all, its unbeatable location places you
directly across from Adventist Health Hospital -- ideal for
healthcare professionals, families, quick access to medical
services, or strong rental potential. With some TLC, this property
holds fantastic opportunities! Finally, this home is centrally
located with easy access to amenities, shopping, dining, and major
roadways, making everyday living a breeze.
Unit Size
888 Ft²
Days on Market
111 days
Land Size
0.13 acres
Price per sqft
$751
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (CRMLS #226000204)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Century 21 Masters | $666,650 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montebello
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lewicki & Associates, Century 21 Masters
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 226000204
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 226000204
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