424 Bradley Avenue, Montebello, California 90640, Montebello, 90640 - bed, bath
ACTIVE$864,600
424 Bradley Avenue, Montebello, California 90640
0Bed
0Bath
3,044Sqft
6,783Lot
Year Built
1955
Close
-
List price
$865K
Original List price
$1.25M
Price/Sqft
$284
HOA
-
Days on market
-
Sold On
-
MLS number
IV25126270
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $864.6K(46th), sqft - 3044(69th), beds - undefined(50th), baths - undefined(50th).
Amazing opportunity to own 4 units in Montebello, CA. This quadruplex appears to have been built in 1955. It sits on a good size lot of approx. 6,783 sq. ft. At this price if you blink it will be SOLD. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
Price History
Date
Event
Price
10/29/25
Price Change
$864,600-0.5%
10/09/25
Price Change
$869,000-0.6%
09/23/25
Price Change
$874,600-0.5%
09/02/25
Price Change
$879,000-0.7%
08/09/25
Price Change
$884,800-9.4%
08/01/25
$976,100
06/05/25
$1,250,800
12/22/06
Sold
$695,000
03/05/03
Sold
$400,000
Condition Rating
Poor
Built in 1955, this property is 69 years old with no indication of major renovations. The 'AS-IS SALE property' designation strongly suggests significant deferred maintenance and potential issues. Exterior images show dated garage doors, a worn driveway, and an overall aged facade. Without interior photos, it's highly probable that kitchens and bathrooms are original or very outdated, requiring substantial repairs and rehabilitation to be functional and comfortable by modern standards.
Pros & Cons
Pros
Income-Generating Quadruplex: The property is a quadruplex, offering four distinct units for diversified rental income and strong cash flow potential, ideal for investors.
Strategic Location: Located in Montebello, CA, a well-established Southern California city, which typically offers a stable rental market and good access to amenities.
Generous Lot Size: Sitting on a substantial 6,783 sq. ft. lot, providing ample space for parking, potential outdoor amenities, or future expansion possibilities (subject to zoning).
Significant Price Reduction: The list price has seen a substantial reduction from its original, indicating a motivated seller and a potential opportunity for a value acquisition.
Value-Add Potential: Given its age and 'as-is' sale condition, there's a clear opportunity for a buyer to renovate and modernize, thereby increasing rental income and overall property value.
Cons
As-Is Sale Condition: The property is explicitly sold 'AS-IS,' strongly suggesting that significant repairs, renovations, or upgrades are likely needed, which will require additional capital investment.
Older Construction: Built in 1955, the property may have outdated systems (plumbing, electrical, HVAC) and structural components that could require costly maintenance or replacement.
Multiple Price Drops: A history of several price reductions could indicate challenges in selling, initial overpricing, or potential underlying issues that have deterred previous buyers.