ActiveCondominium

1661 Neil Armstrong 231

Montebello, CA, 90640

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$290,000

MLS: MB26047984

Beds

1

Baths

1

Sq Ft

733

Lot

3.90 ac

Year Built

1972

MLS #

MB26047984

Days on Market

42

Listed

Mar 11, 2026

Description

Tucked inside the gated Montebello Gardens community, this spacious 1-bedroom, 1-bath condo offers comfortable living in a centrally located Montebello neighborhood. Vaulted ceilings and abundant natural light create an open, airy feel throughout the main living space, while the living and dining area flows seamlessly onto a private balcony overlooking the beautifully maintained grounds of the community. The kitchen features white granite countertops, range with hood, dishwasher, and refrigerator, providing a clean and practical space for everyday cooking. Both the living room and bedroom are equipped with ductless air conditioning systems, offering efficient and customizable comfort year-round. This home also includes the convenience of an assigned carport space located close to the unit. Residents of Montebello Gardens enjoy access to community amenities including a pool, spa, clubhouse, and shared laundry facilities, all within a gated and landscaped setting. Ideally located just off the 60 Freeway with quick access to the 10 and 710, this home is well positioned for commuters heading into Downtown Los Angeles and surrounding areas. You'll also be minutes from shopping, dining, and everyday conveniences including Montebello Town Center, Costco, Home Depot, and a quick stop at In-N-Out. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this move-in ready condo offers a great opportunity to own in a well-located Montebello community.

Location

Montebello, Los Angeles County, CA 90640

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Listed by: ELIZABETH SANCHEZ · COMPASS

Payment estimate

$2,314

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $29,000 · Loan: $261,000

%
Principal & Interest
$1,604
Property tax (1.25%)
$302
Homeowners insurance
$300
Mortgage insurance
$109
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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 $10,150 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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