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
109 W Victoria Avenue 3 2 1,610 $649,000 $403.11 4 days
808 S 10th Street 4 2 1,733 $715,999 $413.16 4 days
3613 Via Campo N/A N/A 1,540 $729,000 $473.38 4 days
1620 Neil Armstrong Street Unit #206 2 2 946 $360,000 $380.55 12 days
3536 W Beverly Boulevard N/A N/A 1,700 $480,000 $282.35 7 days
1104 N Iguala Street 3 3 1,854 $899,000 $484.90 13 days
341 N Maple Avenue 3 2 1,550 $670,000 $432.26 22 days
630 Maple Unit #62 2 1 1,300 $49,999 $38.46 19 days
1612 Westmoreland Drive 4 3 2,311 $798,900 $345.69 12 days
1409 W Olympic Boulevard N/A N/A 3,197 $1,200,000 $375.35 29 days
730 De Palma Way 3 3 2,154 $895,000 $415.51 24 days
877 W Mines Avenue N/A N/A 1,550 $657,000 $423.87 29 days
353 Simmons Avenue 3 1 1,194 $595,000 $498.32 26 days
3501 W Beverly Boulevard N/A N/A N/A $75,000 Unknown 48 days
137 S 5th Street N/A N/A 3,036 $1,175,000 $387.02 99 days
1413 W Los Angeles Avenue N/A N/A 3,384 $1,300,000 $384.16 122 days
3413 W Beverly Boulevard N/A N/A 2,526 $739,000 $292.56 143 days
3413 W Beverly Boulevard N/A N/A 2,526 $739,000 $292.56 81 days
819 S Greenwood Avenue N/A N/A 12,414 $4,280,000 $344.77 143 days
564 N Garfield Avenue N/A N/A 2,656 $1,195,000 $449.92 131 days
1630 Neil Armstrong Street Unit #212 2 2 946 $369,000 $390.06 54 days
228 N 4th Street N/A N/A 2,200 $1,595,000 $725 232 days
513 Hornby Street 2 1 1,098 $455,000 $414.39 167 days
3536 W Beverly Boulevard N/A N/A 1,700 $480,000 $282.35 191 days
5683 Via Corona Street 4 2 1,714 $765,000 $446.32 179 days
3400 W Beverly Boulevard N/A N/A 945 $420,000 $444.44 282 days
3001 W Beverly Boulevard N/A N/A 6,470 $2,300,000 $355.49 306 days
2222 W Olympic Boulevard N/A N/A 988 $505,000 $511.13 158 days
749 Via Altamira N/A N/A 2,656 $918,000 $345.63 436 days
1725 Neil Armstrong Street Unit #105 2 2 970 $355,000 $365.98 187 days
Average: 2.7 1.9 2,270 $812,901 $383 92 days
Viewing 1 - 30 of 34
Viewing 1 - 30 of 34
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1661 Neil Armstrong Street Unit #154 2 2 947 $300,000 $316.79 0 days
1755 Bradbury Drive 3 2 1,302 $418,000 $321.04 20 days
856 Hay Street 3 2 1,683 $688,000 $408.79 4 days
1512 W Colegrove Avenue 3 2 1,144 $499,800 $436.89 15 days
649 Leonard Street 3 2 1,399 $649,000 $463.90 7 days
730 Frankel Avenue Unit #B4 2 2 854 $299,000 $350.12 31 days
631 N 19th Street 4 2 2,017 $824,900 $408.97 11 days
1882 Rainbow Terrace Lane 2 2 1,174 $468,800 $399.32 12 days
741 Rio Del Sol Avenue 4 2 1,620 $688,000 $424.69 42 days
1017 Michelle Court 3 3 1,921 $550,000 $286.31 50 days
1610 Neil Armstrong Street Unit #307 2 2 946 $376,000 $397.46 17 days
420 N Vail Avenue 3 2 1,480 $639,000 $431.76 44 days
828 Bradshawe Street 3 2 1,540 $679,000 $440.91 8 days
1781 Neil Armstrong Street Unit #205 2 2 926 $349,000 $376.89 42 days
1604 N Ironstone Avenue 3 2 1,761 $699,000 $396.93 8 days
244 E Beverly Terrace 3 2 1,324 $650,000 $490.94 9 days
1116 Calle Montana 3 4 1,380 $512,000 $371.01 7 days
2001 W Beverly Boulevard N/A N/A 2,291 $720,000 $314.27 53 days
516 Jay Court 4 3 1,947 $525,000 $269.65 6 days
1747 Bradbury Drive 2 2 890 $320,000 $359.55 55 days
531 N 18th Street 4 3 2,247 $780,000 $347.13 18 days
3528 Via San Delarro 3 2 1,524 $655,000 $429.79 112 days
724 N 6th Street 4 2 2,043 $800,000 $391.58 26 days
452 N Via Val Verde 2 2 1,364 $615,000 $450.88 61 days
1500 W Madison Avenue N/A N/A 4,400 $1,400,000 $318.18 1 day
432 Wilber Place 4 3 1,726 $665,000 $385.28 126 days
1448 S 4th Street 3 2 1,418 $589,900 $416.01 3 days
1520 Via Palermo 4 3 2,257 $799,900 $354.41 51 days
1831 Rainbow Terrace Lane 2 2 1,174 $459,999 $391.82 63 days
1610 Neil Armstrong Street Unit #309 N/A 1 491 $240,000 $488.80 17 days
Average: 3.0 2.2 1,691 $607,064 $380 47 days
Viewing 1 - 30 of 45
Viewing 1 - 30 of 45
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
1604 N Ironstone Avenue 3 2 1,761 $699,000 $780,000 $442.93 8 days 1/22/21
724 N 6th Street 4 2 2,043 $800,000 $830,000 $406.27 26 days 1/22/21
1500 W Madison Avenue N/A N/A 4,400 $1,400,000 $860,000 $195.45 1 day 1/20/21
1448 S 4th Street 3 2 1,418 $589,900 $598,000 $421.72 3 days 1/19/21
741 Rio Del Sol Avenue 4 2 1,620 $688,000 $688,000 $424.69 0 days 1/19/21
3528 Via San Delarro 3 2 1,524 $655,000 $655,000 $429.79 21 days 1/12/21
1831 Rainbow Terrace Lane 2 2 1,174 $459,999 $455,000 $387.56 63 days 1/12/21
2212 Northside Drive 2 2 1,349 $579,000 $570,000 $422.54 36 days 1/11/21
3309 Via San Delarro 4 3 1,657 $635,000 $645,000 $389.26 33 days 1/11/21
2413 W Via Corona N/A N/A 1,931 $779,000 $750,000 $388.40 157 days 1/8/21
325 W Lohart Avenue 3 3 1,249 $468,888 $460,000 $368.29 63 days 1/8/21
909 San Angelo Avenue 4 2 1,840 $670,000 $670,000 $364.13 1 day 1/5/21
112 W Roosevelt Avenue 6 4 3,235 $835,000 $850,000 $262.75 77 days 1/4/21
313 west lincoln 3 2 1,659 $649,000 $670,000 $403.86 2 days 1/4/21
313 N Wilcox Avenue 3 2 1,543 $624,900 $629,000 $407.65 12 days 12/31/20
1006 Michelle Court 4 3 1,947 $549,000 $545,000 $279.92 3 days 12/31/20
841 S Taylor Avenue 27 18 12,300 $3,260,000 $3,010,000 $244.72 53 days 12/29/20
2925 Via San Carlo 4 3 1,695 $664,999 $650,000 $383.48 14 days 12/29/20
725 N Sanchez Street 3 2 1,400 $645,000 $652,000 $465.71 51 days 12/28/20
Average: 4.8 3.3 2,407 $823,772 $787,736 $373 42 days
Viewing 1 - 19 of 19
Viewing 1 - 19 of 19

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.