416 W Cleveland Avenue
Montebello, CA, 90640
$850,000
MLS: TR25161725
Beds
3
Baths
3
Sq Ft
2,263
Lot
0.17 ac
Year Built
1923
MLS #
TR25161725
Days on Market
72
Listed
Jul 23, 2025
Description
Whether you're looking to live in one unit and rent the others, or seeking a fully income-producing asset, this property delivers on both cash flow and long-term equity potential. With rising demand in the Montebello area, this is an opportunity you don’t want to miss.
Location
Montebello, Los Angeles County, CA 90640
Open on Google Maps ↗Listed by: Gary Yau · Exp Realty of California Inc
Payment estimate
$6,204
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
- Principal & Interest
- $4,700
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
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 $29,750 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.
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