NOT LISTED FOR SALE

113 S 10th St Montebello, CA 90640

Estimated Value: $1,503,000 - $1,700,000

8 Beds
6 Baths
3,350 Sq Ft
$476/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,495,000 $446 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,226/month

18 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2023

We are pleased to present this rare opportunity to own a 2019 new construction, Spanish style duplex in Montebello. Both units are very spacious 1,700 sqft townhome style, 4 bedroom-3 bathrooms. Some property highlights include each unit having its own private attached 2 car garage that separates each unit with plenty of additional driveway parking, open floor plan to large living room and dining room, new white shaker cabinets, gray backsplash, all the stainless amenities, new double pane windows, recessed lighting, all bedrooms have laminate floors, walk in closets, mirrored closet doors, central air, and heat. Both units boast its own front yard, complete block wall on 3 sides, brand new wood fence in front with electric driveway opener, new landscaping in front and sides, extra wide new cement driveway, plenty of extra parking outside garages for entertaining, close to all shopping, schools, restaurants, and Freeways. This is a perfect owner/user, or investment property.

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 07/25/2023

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770

Last Buyer's Agent

Jami Berdelis

24 Hour Real Estate License #01477203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,215

Year Built

  • Built in 2019

Lot Details

  • 8,387 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 1653
  • Assessor Parcel Number 6350004024
  • $951 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,345
  • Gross Income $79,734
  • Net Operating Income $54,214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,215

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 747500
  • Property Attached: Yes
  • Zoning: MNR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6350004024
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Entrance
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 446.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8387.00
  • Lot Size Acres: 0.1925

Multi Family

  • Gross Income: 79734.00
  • Gross Scheduled Income: 82200.00
  • Insurance Expense: 2345.00
  • Lot Size Area: 8387.0000 Square Feet
  • Net Operating Income: 54214.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 25521.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5321.01
  • Tax Lot: 22
  • Tax Tract Number: 1653
  • TaxOtherAnnualAssessmentAmount: 951.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 18, 2023
Sold by
Juliana L Lam Revocable Living Trust
Bought by
May Nersisian Living Trust and Nersisian
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jami Berdelis
24 Hour Real Estate
List Price
$1,495,000
Sold Price
$1,495,000
Views
146
Current Estimated Value
$1,595,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,348
Avg. Annual Appreciation
3.27%

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 13, 2019
Sold by
Pyramid Investments Inc
Bought by
Lam Juliana Yiu Ming Leung and The Juilana L Lam Revocable Li
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$787,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 19, 2017
Sold by
Quintanilla Frank
Bought by
Pyramid Investments Inc
Seller's Agent
Frank Quintanilla
RE/MAX CHAMPIONS
Buyer's Agent
Frank Quintanilla
RE/MAX CHAMPIONS
List Price
$302,000
Sold Price
$342,000
Premium/Discount to List
$40,000
13.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.99%
Original Mortgage
$536,250
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2016
Sold by
Towner Elaine Rebecca
Bought by
Towner Elaine R and The Elaine R Towner Trust

Purchase Details

Closed on
Nov 15, 2011
Sold by
Lopez Robert J and Estate Of Mary Klinger
Bought by
Lopez Robert J and Lopez Carmen

Purchase Details

Closed on
May 9, 2006
Sold by
Lopez Robert J
Bought by
Lopez Robert J

Purchase Details

Closed on
Oct 19, 2005
Sold by
Lopez Norma
Bought by
Mitchell Norma Lopez
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
May Nersisian Living Trust $1,500,000 Fidelity National Title
Lam Juliana Yiu Ming Leung $1,075,000 Westminster Title Co Inc
Pyramid Investments Inc $342,000 North American Title Company
Towner Elaine R -- None Available
Lopez Robert J -- None Available
Lopez Robert J -- Accommodation
Mitchell Norma Lopez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Juliana Yiu Ming Leung $787,500
Previous Owner Pyramid Investments Inc $536,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,495,000 0.0% $446 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $1,495,000 +39.1% $446 / Sq Ft
01/14/2020 01/14/20 Sold $1,075,000 -6.5% $321 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $1,150,000 +236.3% $343 / Sq Ft
07/28/2017 07/28/17 Sold $342,000 +13.2% $378 / Sq Ft
12/27/2016 12/27/16 For Sale $302,000 0.0% $334 / Sq Ft
12/22/2016 12/22/16 Price Changed $302,000 +4.9% $334 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $288,000 -- $319 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $21,215 $1,530,000 $969,000 $561,000
2024 $21,215 $1,500,000 $950,000 $550,000
2023 $16,508 $1,130,015 $604,427 $525,588
2022 $15,951 $1,107,859 $592,576 $515,283
2021 $15,399 $1,086,137 $580,957 $505,180
2020 $5,425 $355,816 $284,653 $71,163
2019 $5,268 $348,840 $279,072 $69,768
2018 $5,334 $342,000 $273,600 $68,400
2016 $1,187 $44,889 $32,692 $12,197
2015 $1,146 $44,215 $32,201 $12,014
2014 $1,144 $43,350 $31,571 $11,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23136991

California Regional Multiple Listing Service (CRMLS)

APN: 6350-004-024