Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingDuplex

1148 S Maple Avenue

Montebello, CA, 90640

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$670,000

MLS: CV25076482

Beds

2

Baths

2

Sq Ft

1,556

Lot

0.12 ac

Year Built

1924

MLS #

CV25076482

Days on Market

4

Listed

Apr 8, 2025

Description

INVESTORS: listen up! This DUPLEX on Maple is a "sweet" opportunity for serious investors and flippers. This 2-bed, 2-bath compound offers 1,556 square feet of living space on a 5,209-sq-ft lot, and it’s begging for transformation. Severely distressed and ready for a full-scale renovation or teardown, this property is your blank canvas to build value from the ground up. The true power of this deal lies in the location: less than 20 minutes from Downtown LA, Dodger Stadium, Crypto.com Arena, and the Music Center. With demand for revitalized homes in the area on the rise, this is your chance to capitalize on strong resale or rental potential. Don’t just invest — seize this opportunity and turn your vision into profit!

Location

Montebello, Los Angeles County, CA 90640

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Listed by: Gregory Lima · KELLER WILLIAMS COVINA

Payment estimate

$4,954

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $67,000 · Loan: $603,000

%
Principal & Interest
$3,705
Property tax (1.25%)
$698
Homeowners insurance
$300
Mortgage insurance
$251
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Montebello home with as little as 3.5% down using an FHA loan — roughly $23,450 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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