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1704 Mountain Terrace Lane, Montebello, California 90640, Montebello, 90640 - 3 bed, 2 bath

1704 Mountain Terrace Lane, Montebello, California 90640 home-pic-0
ACTIVE$599,998
1704 Mountain Terrace Lane, Montebello, California 90640
3Beds
2Baths
1,339Sqft
201,502Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Value & Incentives: Priced below $600K for a 3-bedroom condo, coupled with a significant $12,000 buyer credit for closing costs or interest rate buy-down, presents a highly attractive financial opportunity.
Top Cons:
Previous Failed Transaction: The 'BACK ON THE MARKET! Buyer could not perform' status may raise questions or concerns for potential buyers regarding the reason for the prior deal's collapse.

Compared to the nearby listings

Price:$600.0K vs avg $502.0K (+$97,998)65%
Size:1,339 sqft vs avg 1,172.5 sqft60%
Price/sqft:$448 vs avg $45145%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this property is functional and appears well-maintained, but the interior is significantly dated. The kitchen features original or very old cabinets and countertops, requiring a full renovation for modern appeal. One bathroom is clearly outdated with an old vanity and shower enclosure, while the other has a more recent tiled shower but still shows age. Popcorn ceilings and dated light fixtures are present. While some areas have updated laminate flooring, the overall condition suggests it's aged but maintained, with major components being functional but showing signs of being outdated. It requires substantial cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1975
Close
-
List price
$600K
Original List price
$700K
Price/Sqft
$448
HOA
$480
Days on market
-
Sold On
-
MLS number
OC25078481
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

BACK ON THE MARKET! Buyer could not perform. Rare 3 Bed Condo Below $600K + $12K Buyer Credit! Welcome to one of the best values in Montebello! This spacious 3-bedroom, 2.5-bath condo is now offered at an unbeatable price plus the seller is including a $12,000 buyer credit to help with your closing costs or interest rate buy-down. Tucked inside the peaceful Mountain View Terrace community, this home features a versatile split level layout, soaring vaulted ceilings, and tons of natural light throughout. Enjoy the comfort of having a full bedroom and bathroom on the main floor, perfect for multi-generational living, guests, or a work-from-home setup. The bright kitchen is clean, functional, and ready for your personal touch. Upstairs, you’ll find two more spacious bedrooms and another full bathroom, offering privacy and room to grow. Additional perks: Private 2-car garage In-unit laundry Community pool & spa Well-maintained, tree-lined grounds Convenient location near The Shops at Montebello, local schools, and freeway access. Homes in this community rarely come available at this price. Don’t miss your chance! Act now, the seller is motivated and this opportunity won’t last.

Price History

Date
Event
Price
11/25/19
Sold
$375,000
Condition Rating
Fair
Built in 1975, this property is functional and appears well-maintained, but the interior is significantly dated. The kitchen features original or very old cabinets and countertops, requiring a full renovation for modern appeal. One bathroom is clearly outdated with an old vanity and shower enclosure, while the other has a more recent tiled shower but still shows age. Popcorn ceilings and dated light fixtures are present. While some areas have updated laminate flooring, the overall condition suggests it's aged but maintained, with major components being functional but showing signs of being outdated. It requires substantial cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Value & Incentives: Priced below $600K for a 3-bedroom condo, coupled with a significant $12,000 buyer credit for closing costs or interest rate buy-down, presents a highly attractive financial opportunity.
Versatile & Functional Layout: The spacious 3-bedroom, 2.5-bath split-level layout features soaring vaulted ceilings, abundant natural light, and a highly desirable main-floor bedroom and bathroom, ideal for multi-generational living or a home office.
Desirable Community Amenities: Located within the peaceful Mountain View Terrace community, residents benefit from a private 2-car garage, in-unit laundry, and access to a community pool & spa within well-maintained, tree-lined grounds.
Convenient Location: The property boasts a convenient location with easy access to The Shops at Montebello, local schools, and major freeways, enhancing daily convenience and appeal.
Motivated Seller & Rare Opportunity: The seller's motivation and the rarity of a 3-bedroom condo at this price point in the community indicate a strong buying opportunity that is unlikely to last.

Cons

Previous Failed Transaction: The 'BACK ON THE MARKET! Buyer could not perform' status may raise questions or concerns for potential buyers regarding the reason for the prior deal's collapse.
Dated Kitchen: The description 'bright kitchen is clean, functional, and ready for your personal touch' suggests the kitchen is likely original or has not been significantly updated, implying a need for renovation to meet modern aesthetic preferences.
Age of Property: Built in 1975, the property is nearly 50 years old, indicating that while functional, some systems or finishes beyond the kitchen may also be original and could require future updates or maintenance.

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