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Sold for $135,000 · Oct 2026
SOLDListed at $149,900
Montebello, CA
MLS# DW26158062
Alberto Sanchez
Listing Agent
Century 21 Allstars
DRE #: 02028262
Brokerage: Century 21 Allstars
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2,577 sqft
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***OWNER IS WILLING TO CARRY WITH GREAT TERMS***Exceptional development opportunity on Beverly Boulevard, one of Montebello’s most heavily traveled commercial corridors! This vacant parcel is zoned MNC2*, offering a compelling opportunity for a developer, investor, or owner-user to create a mixed-use project featuring commercial space on the ground floor with residential units above. The property’s prominent Beverly Boulevard location provides excellent visibility, strong traffic exposure, and convenient access to major freeways, Downtown Los Angeles, and surrounding employment and commercial centers. With competitively priced land becoming increasingly difficult to find in the Los Angeles area, this site presents an attractive opportunity to acquire, develop, and hold a strategically located asset. Ideal for a developer seeking to capitalize on the demand for well-located commercial and residential space. Make this yours today!! Buyer and buyer’s representatives are advised to independently verify zoning, permitted uses, development standards, utilities, and all project requirements with the City of Montebello and appropriate governmental agencies.
Listing description from the October 2026 sale, as reported to CRMLS.
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2 recorded sales
2616 W Beverly Blvd sold for $135,000 in October 2026, 9.9% under its $149,900 list price, after 29 days on the market. Across 166 closed sales in 90640 over the last 12 months, the median sold price is $850,000 and the median is $510 per square foot.
| Quarter | Closed sales in 90640 | Median sold price |
|---|---|---|
| Q1 2026 | 16 | $794,500 |
| Q2 2026 | 60 | $850,000 |
| Q3 2026 | 70 | $882,490 |
| Q4 2026 | 20 | $806,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Montebello · Homes for sale in 90640
Closed sales reported in 90640, nearest first, last 12 months. All recent sales in Montebello →
2616 W Beverly Blvd
Contact Alberto Sanchez
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Contact Listing Agent
Century 21 Allstars
DRE #02028262
Contact information is not available for this listing.