About 1504 Beverly Boulevard
**Price Reduced $140,000 | 13.06 GRM** Proudly offered for the first time in over 40 years, this plenty of value add opportunity for this 5-Unit property is located in the highly desirable North Montebello neighborhood, just north of Beverly Blvd. The property features an ideal unit mix of two spacious 2-bedroom, 1-bathroom units and three well-sized upper-level 1-bedroom, 1-bathroom units. The building has been family-owned and operated since 1982. All tenants benefit from on-site covered parking and enjoy living in a walkable area surrounded by shops, restaurants, and neighborhood amenities reflected in a strong Walk Score of 85. The property is subject only to California's statewide rent control under AB1482 (currently 8%) with no additional local rent control restrictions. This is a rare opportunity to acquire an asset in one of Montebello's most sought-after pockets.
Features of 1504 Beverly Boulevard
| MLS® # | 25569469 |
|---|---|
| Price | $1,100,000 |
| Sold Price | $1,050,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Square Footage | 3,583 |
| Lot Sqft | 6,366 |
| Acres | 0.15 |
| Year Built | 1955 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 1504 Beverly Boulevard |
|---|---|
| Area | 674 - Montebello |
| City | Montebello |
| County | Los Angeles |
| Zip Code | 90640 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Attached Carport |
| Garages | Attached Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
School Information
| District | Montebello Unified |
|---|
Additional Information
| Date Listed | July 24th, 2025 |
|---|---|
| Date Sold | September 29th, 2025 |
| Days on Market | 49 |
| Zoning | MNR3* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Shant Sherbetdjian |
|---|---|
| Office | Remax Commercial and Investment Realty |