828 Tola
Montebello, CA, 90640
$675,000
MLS: IG26082632
Beds
3
Baths
2
Sq Ft
1,301
Lot
0.12 ac
Year Built
1954
MLS #
IG26082632
Days on Market
1
Listed
Apr 21, 2026
Description
Welcome to 828 Tola Street in Montebello, a rare chance to transform a property with incredible upside potential. Tucked away on a quiet cul-de-sac, this 3-bedroom, 2-bath home is perfect for investors, contractors, or buyers looking to create their dream home. This fixer-upper offers a solid layout and a spacious lot, ready for your vision and upgrades. The standout feature is the detached garage, presenting excellent potential for conversion into a Junior ADU (JADU)—ideal for multigenerational living or generating rental income (buyer to verify). Located in an established neighborhood with convenient access to freeways, shopping, and dining, this property combines location with opportunity. Whether you're looking to renovate and flip, hold as a rental, or customize for personal use, the possibilities here are endless. Bring your tools, your vision, and unlock the full potential of this Montebello gem!
Location
Montebello, Los Angeles County, CA 90640
Open on Google Maps ↗Listed by: Elda Serna · Realty ONE Group West
Payment estimate
$4,989
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500
- Principal & Interest
- $3,733
- Property tax (1.25%)
- $703
- Homeowners insurance
- $300
- Mortgage insurance
- $253
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 $23,625 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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