E
Seller's Agent in 2020
Ernie Loo
ERNIE LOO
(818) 378-5822
1 Total Sale
1036 Carob Way Montebello, CA 90640
Estimated Value: $5,135,684
28
Beds
17
Baths
12,280
Sq Ft
$418/Sq Ft
Est. Value
Highlights
- 0.43 Acre Lot
- Tile Flooring
- Central Heating and Cooling System
- Laundry Room
About This Home
As of April 2020• Excellent unit mix of 2 bed + 1.5 bath (6 units, townhouse style), 1 bdr + 1 bath (8 units).
• Great location. Just a 2 minute drive to the Pico Rivera Towne Center which includes national brand name stores such as Walmart, Lowes, Starbucks, Wendy’s, and Panera Bread among other stores. It is about 3 miles away from Costco Business Center and about 4 miles away from the Citadel Outlets and the 5 Freeway.
• Stable Demand Rental Area
• In 2016, Owner did a complete horizontal and vertical copper re-piping. In 2017, a new water
heater was installed.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 18,520 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 27 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 12,280 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Laundry Room
Bedrooms and Bathrooms
- 28 Bedrooms
- 17 Bathrooms
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 6
- Tax Tract Number 6330
- Assessor Parcel Number 6352023065
Community Details
Overview
- 4 Buildings
- 14 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,130
- Fuel Expense $4,198
- Gardener Expense $1,980
- Insurance Expense $5,858
- Maintenance Expense $6,357
- Professional Management Expense $1,800
- Supplies Expense $4,285
- Trash Expense $3,968
- Water Sewer Expense $6,427
- New Taxes Expense $44,191
- Operating Expense $150,738
- Gross Income $3,000
- Net Operating Income $156,030
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2020
Closed on
Mar 9, 2020
Sold by
Bought by
Seller's Agent
Ernie Loo
ERNIE LOO
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$3,700,000
Sold Price
$3,700,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,435,684
Avg. Annual Appreciation
5.54%
Original Mortgage
$2,590,000
Interest Rate
3.6%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 4, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.77%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 3, 2012
Sold by
Bought by
Purchase Details
Closed on
Oct 24, 2009
Sold by
Bought by
Purchase Details
Closed on
Aug 27, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,500
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 24, 2002
Sold by
Bought by
Purchase Details
Closed on
Sep 6, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,700,000 | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $2,850,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | Lawyers Title Company | ||
| -- | North American Title Co | ||
| -- | -- | ||
| -- | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,590,000 | ||
| Previous Owner | $1,850,000 | ||
| Previous Owner | $1,368,500 | ||
| Previous Owner | $600,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2020 04/30/20 | Sold | $3,700,000 | 0.0% | $301 / Sq Ft |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- |
| 03/02/2020 03/02/20 | For Sale | $3,700,000 | -- | $301 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $57,692 | $4,046,488 | $2,187,291 | $1,859,197 |
| 2024 | $56,966 | $3,967,146 | $2,144,403 | $1,822,743 |
| 2023 | $56,916 | $3,889,359 | $2,102,356 | $1,787,003 |
| 2022 | $55,038 | $3,813,098 | $2,061,134 | $1,751,964 |
| 2021 | $53,207 | $3,738,332 | $2,020,720 | $1,717,612 |
| 2020 | $45,194 | $3,133,673 | $2,033,035 | $1,100,638 |
| 2019 | $43,816 | $3,072,263 | $1,993,172 | $1,079,091 |
| 2018 | $44,568 | $3,012,057 | $1,954,091 | $1,057,966 |
| 2016 | $42,575 | $2,893,462 | $1,878,212 | $1,015,250 |
| 2015 | $34,720 | $2,434,825 | $1,396,239 | $1,038,586 |
| 2014 | $34,267 | $2,387,131 | $1,368,889 | $1,018,242 |
Source: Public Records
Agents Affiliated with this Home
-
Ernie Loo
-
Shant Sherbetdjian
Buyer's Agent in 2020
Shant Sherbetdjian
RE/MAX
(626) 657-8135
16 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS20046075
APN: 6352-023-065
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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