137 N 2nd
Montebello, CA, 90640
$759,000
Original list price: $789,000
MLS: DW26181290
Beds
—
Baths
—
Sq Ft
1,606
Lot
0.14 ac
Year Built
1922
MLS #
DW26181290
Days on Market
61
Listed
Aug 18, 2026
Description
click on 360 view for full video Prime Montebello Duplex Investment Opportunity Excellent income-producing opportunity in the heart of Montebello! Located north of Whittier Boulevard, this well-positioned property features two spacious units, offering flexibility for an investor, owner-user, or multigenerational household. The property consists of: Front Unit: Spacious 2-bedroom, 1-bathroom home Rear Unit: 1-bedroom, 1-bathroom unit One-car garage for each unit Private yard for each unit Alley access to the garages Conveniently located north of Whittier Boulevard The separate yards, individual garages, and alley access provide desirable privacy and functionality for both units—features that can be especially attractive to long-term renters. Strong Montebello Location Montebello offers a strategic location in Southeast Los Angeles County with convenient access to major employment centers, shopping, dining, schools, parks, and transportation. The city has continued to invest in infrastructure, economic development, housing, and community improvements. Montebello was recognized by the City as the 2025 Most Business-Friendly City in Los Angeles County, reflecting its ongoing focus on economic growth and investment. The property is also positioned in the northern portion of Montebello, an area with notable community assets including Montebello Town Center, Down Town Montebello, and other established residential neighborhoods and services. The city is also planning for continued long-term growth and improved connectivity. Current city planning efforts include infrastructure improvements along major corridors and future transit-oriented development associated with the planned Metro E Line Greenwood Station. With two separate living units, two garages, two private yards, and alley access, this property offers the kind of configuration investors look for in a Southern California multifamily property. Whether you're looking to generate rental income, live in one unit while renting the other, accommodate extended family, or add a well-located property to your portfolio, this Montebello duplex presents an excellent opportunity. Great location. Great layout. Two units. Multiple possibilities. Don't miss this Montebello investment opportunity!
Location
Montebello, Los Angeles County, CA 90640
Open on Google Maps ↗Listed by: Chuck Chavez · Century 21 Allstars
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,105
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,900 · Loan: $683,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,730
- Property tax (1.25%)
- $791
- Homeowners insurance
- $300
- Mortgage insurance
- $285
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $26,565 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
See Montebello, CA 90640 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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