Market Report and Real Estate Trends for Montebello

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The area of Montebello was originally home to the Tongva, Native Americans. Because the language of the Tongva was different from the neighboring tribes it was called "Gabrielino" by the Spanish, who arrived in 1542. By 1870, the area had few remaining indigenous inhabitants as disease brought by the increasing numbers Europeans arriving and settling, killed many of the Tongva.

Originally an agricultural community, Montebello was formerly known for its production of flowers, berries, fruits, and vegetables. The city was incorporated in 1920, and its name officially changed from “Newark” to "Montebello", meaning beautiful mountain in Spanish. The city's official seal contains a red poinsettia in the center, in honor of Montebello's agricultural roots.

In 1917, The Standard Oil Company discovered oil in the Montebello hills, which changed the look of the city. Hills full of agriculture became oil fields. Over the next years, the hills were filled with producing oil wells. Eventually, the oil taken from the soil in Montebello would produce one-eighth of the unrefined oil in California.

Located in the southwestern area of the San Gabriel Valley, 8 miles east of downtown Los Angeles, Montebello has an estimated population of 63,192, per US Census 2017. The median income in 2017 was $50,312. 

Welcome to our new Market Report for Montebello California.  This page display a condensed view of active, under contract, and sold home listings. Aggregate data - averages such as list price and days on market - are also displayed for each section. A market report represents a moment-in-time snapshot of the market.  It is updated daily and goes back 30 days. Bookmark this page for the freshest real estate data and trends available directly from the Multiple Listing Service (MLS).

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So here you go... and let us know what you think!

Active Properties: Homes that are currently being marketed for sale but do not have a purchase agreement.

  • Days on Market (DOM): Number of days the property has been on the market.
  • List Price: The price that a home seller is currently asking.

LEARN MORE:  How to Buy a House

Properties Under Contract (Pending and Back Up Status): Listings for which a contract has been signed and the property is in escrow.  These homes can be looking for back up offers or all the contingencies have been removed by the buyer making it a very solid transaction. The actual contract price does not become public record until the property has sold and the new owner information has been recorded.

  • Days on Market (DOM): The marketing period of the property before a sales agreement was signed.

LEARN MORE: What are the expected closing costs when buying a home?

Sold Properties: Properties that have closed in the last 30 Days.

  • Sold Price: The price for which a property sold.
Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
808 N 21st Street 3 2 1,593 $649,000 $407.41 2 days
2324 W Repetto Avenue 3 2 1,814 $598,888 $330.15 2 days
225 Cedar Court 2 1 690 $400,000 $579.71 3 days
1412 Loma Road 3 2 1,631 $778,000 $477.01 3 days
416 W Cleveland Avenue N/A N/A 2,263 $792,000 $349.98 3 days
228 N 4th Street N/A N/A 2,200 $1,595,000 $725 3 days
829 N 16th Street 3 2 1,874 $799,000 $426.36 3 days
1610 Neil Armstrong Street Unit #309 N/A 1 491 $240,000 $488.80 5 days
729 Bradshawe Street 3 2 1,480 $650,000 $439.19 6 days
117 Natasha Lane 4 3 1,758 $628,000 $357.22 8 days
432 Via Miramonte 2 1 1,165 $515,000 $442.06 6 days
513 Hornby Street 2 1 1,098 $455,000 $414.39 10 days
3536 W Beverly Boulevard N/A N/A 1,700 $480,000 $282.35 10 days
325 W Lohart Avenue 3 3 1,249 $453,888 $363.40 10 days
730 Frankel Avenue Unit #B4 2 2 854 $330,000 $386.42 11 days
561 Calle Cielo 2 3 1,180 $475,000 $402.54 14 days
2505 Plaza Libre N/A N/A 880 $499,000 $567.05 15 days
325 Via Miramonte 3 1 1,202 $565,000 $470.05 13 days
5683 Via Corona Street 4 2 1,714 $765,000 $446.32 16 days
121 S Bluff Road 6 5 2,650 $983,000 $370.94 17 days
909 W Oakwood Street Unit #8 3 3 1,600 $539,000 $336.88 18 days
1725 Neil Armstrong Street Unit #112 2 2 970 $300,000 $309.28 20 days
1201 S Bluff Road 3 3 1,860 $729,000 $391.94 23 days
3400 W Beverly Boulevard N/A N/A 945 $420,000 $444.44 25 days
928 lilac Lane 3 4 1,664 $535,000 $321.51 20 days
2212 Northside Drive 2 2 1,349 $599,000 $444.03 26 days
3001 W Beverly Boulevard N/A N/A 8,094 $2,490,000 $307.64 34 days
2505 Plaza Libre 2 1 880 $499,000 $567.05 36 days
2100 Northside Drive N/A N/A 1,473 $659,000 $447.39 39 days
3417 W Beverly Boulevard N/A N/A N/A $800,000 Unknown 39 days
Average: 3.9 2.9 2,423 $816,907 $465 60 days
Viewing 1 - 30 of 67
Viewing 1 - 30 of 67
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
2416 W Via Acosta 3 2 1,383 $588,888 $425.80 7 days
1620 Neil Armstrong Street Unit #304 1 1 646 $278,000 $430.34 8 days
1911 W Victoria Avenue 2 2 996 $399,000 $400.60 23 days
125 Natasha Lane 3 3 1,536 $599,000 $389.97 12 days
840 S Montebello Boulevard 3 1 1,176 $499,900 $425.09 17 days
252 E Beverly Boulevard Unit #C 3 3 1,289 $500,000 $387.90 20 days
1880 Rainbow Terrace Lane 2 2 1,174 $440,000 $374.79 0 days
1630 Neil Armstrong Street Unit #310 2 2 946 $341,000 $360.47 8 days
1008 N Scott Avenue 4 2 1,642 $759,900 $462.79 2 days
892 Perry Avenue 3 2 1,531 $728,888 $476.09 10 days
1842 Rainbow Terrace Lane 2 2 1,174 $459,900 $391.74 7 days
1624 N Jerseydale Avenue 4 3 1,820 $675,000 $370.88 7 days
836 N Bradshawe Street 3 1 1,200 $584,900 $487.42 7 days
943 S Bluff Road 2 3 1,249 $442,000 $353.88 7 days
821 Keenan Street 5 3 1,884 $660,000 $350.32 16 days
906 Michelle Court Unit #4 3 3 1,947 $525,000 $269.65 15 days
849 San Marino Avenue 2 2 1,028 $549,000 $534.05 7 days
1852 Rainbow Terrace lane 3 2 1,448 $498,000 $343.92 2 days
1004 W Mariposa Lane 3 2 1,428 $600,000 $420.17 15 days
891 W Ashiya Road 3 3 1,589 $685,000 $431.09 21 days
1428 Espanol Avenue N/A N/A N/A $619,000 Unknown 44 days
552 Calle Estrella 2 3 1,190 $475,000 $399.16 11 days
720 N 7th Street 4 3 2,804 $839,000 $299.22 5 days
1620 Neil Armstrong Street Unit #211 2 2 946 $358,000 $378.44 20 days
2645 W Via Corona 4 2 1,830 $530,000 $289.62 22 days
137 N 1st Street N/A N/A 1,260 $599,900 $476.11 3 days
612 N 7th Street 2 2 1,498 $665,000 $443.93 12 days
137 N 1st Street 3 N/A 1,260 $599,900 $476.11 5 days
740 Frankel 2 2 882 $335,000 $379.82 1 day
744 S Taylor Avenue 4 3 2,223 $626,000 $281.60 15 days
Average: 2.9 2.3 1,657 $604,603 $380 48 days
Viewing 1 - 30 of 54
Viewing 1 - 30 of 54
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
306 Jacmar Drive 4 3 2,048 $725,000 $730,000 $356.45 147 days 9/22/20
700 Rio Del Sol Avenue 4 2 1,656 $650,000 $655,000 $395.53 275 days 9/22/20
401 N Montebello Boulevard 3 2 1,736 $610,000 $635,000 $365.78 12 days 9/21/20
836 W Cleveland Avenue 5 3 1,704 $679,600 $690,000 $404.93 85 days 9/18/20
804 Tola Street 3 2 1,356 $507,999 $520,000 $383.48 6 days 9/18/20
841 Malone Drive 3 2 1,598 $660,000 $685,000 $428.66 8 days 9/18/20
640 S Taylor Avenue 3 2 1,390 $579,900 $600,000 $431.65 8 days 9/10/20
133 N Park Avenue 2 2 1,104 $460,000 $480,600 $435.33 6 days 9/10/20
1705 Neil Armstrong Street Unit #202 2 2 929 $349,000 $339,000 $364.91 78 days 9/9/20
129 N Vail Avenue 2 1 1,050 $465,000 $530,000 $504.76 3 days 9/9/20
1016 Eucalipto Place 4 4 1,820 $579,000 $580,000 $318.68 57 days 9/8/20
112 Sycamore Street 3 2 1,260 $549,000 $545,000 $432.54 15 days 9/4/20
117 S 5th Street N/A N/A 2,171 $729,900 $715,000 $329.34 15 days 9/3/20
852 S Montebello Boulevard 3 1 1,519 $623,500 $625,000 $411.45 8 days 9/2/20
1742 Bradbury Drive 2 2 890 $399,900 $395,000 $443.82 64 days 9/1/20
1057 S 4th Street 3 2 1,301 $507,000 $512,000 $393.54 2 days 8/28/20
229 E Cleveland Avenue 2 1 960 $464,888 $465,000 $484.38 33 days 8/28/20
Average: 3.0 2.1 1,440 $561,158 $570,682 $405 48 days
Viewing 1 - 17 of 17
Viewing 1 - 17 of 17

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.