Seller's Agent in 2019
Steve Leitner
First Team Real Estate
(562) 841-8508
62 Total Sales
113 S 3rd St Montebello, CA 90640
Estimated Value: $1,218,000 - $1,636,902
8
Beds
4
Baths
3,840
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- Lawn
- Laundry Room
- 4 Car Garage
About This Home
As of April 20194 unit apartment building with Large 2 bedroom and 1 Bathroom units that are in great condition and always rented. Four detached 1 car garages and addition onsite parking. Lots of upside in rents. This property is a must see..
Last Agent to Sell the Property
First Team Real Estate License #01310869 Listed on: 03/04/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,408
Year Built
- Built in 1976
Lot Details
- 6,261 Sq Ft Lot
- No Common Walls
- Lawn
- Front Yard
Parking
- 4 Car Garage
- Parking Available
Home Design
- 3,840 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 161
- Tax Tract Number 5321
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $430
- Insurance Expense $1,100
- Trash Expense $1,644
- Water Sewer Expense $2,870
- New Taxes Expense $13,625
- Operating Expense $19,669
- Gross Income $63,360
- Net Operating Income $43,691
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2021
Sold by
Loussararian Eddie and Loussararian Manoushak M
Bought by
Eddie And Manoushak M Loussararian Family Tru and Loussararian Family Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$747,764
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$705,462
Purchase Details
Listed on
Mar 4, 2019
Closed on
Apr 10, 2019
Sold by
Loussararian Eddie and Loussararian Monoushak M
Bought by
Manoushak Eddie and Manoushak Loussararian Fmtr
Seller's Agent
Steve Leitner
First Team Real Estate
Buyer's Agent
Hagop Yapoujian
HYNET REALTY
List Price
$1,090,000
Sold Price
$1,115,000
Premium/Discount to List
$25,000
2.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$836,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 4, 2019
Closed on
Apr 2, 2019
Sold by
Cooper Robert and Cooper Crista
Bought by
Loussararian Eddie and Loussararian Manoushak M
Seller's Agent
Steve Leitner
First Team Real Estate
Buyer's Agent
Hagop Yapoujian
HYNET REALTY
List Price
$1,090,000
Sold Price
$1,115,000
Premium/Discount to List
$25,000
2.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2013
Sold by
Gay Davis and Gay Jamie
Bought by
Cooper Robert and Cooper Crista
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,690
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2011
Sold by
Gay David L and Gay Jamie
Bought by
Gay David L and Gay Jamie
Purchase Details
Closed on
Mar 4, 2003
Sold by
Butner Christopher
Bought by
Gay Dave and Gay Jamie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.73%
Purchase Details
Closed on
May 15, 2002
Sold by
Butner Akiko
Bought by
Butner Christopher
Purchase Details
Closed on
Nov 8, 2001
Sold by
Butner Christopher
Bought by
Butner Christopher and Butner Akiko
Purchase Details
Closed on
Feb 19, 1999
Sold by
Thames Carroll E and Thames Vesna K
Bought by
Butner Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,081
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 15, 1994
Sold by
Thames Caroll E and Thames Vesna K
Bought by
Thames Carroll E and Thames Vesna K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.21%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eddie And Manoushak M Loussararian Family Tru | -- | Accommodation/Courtesy Recordi | |
| Loussararian Eddie | -- | Provident Title | |
| Manoushak Eddie | -- | Lawyers Title Company | |
| Loussararian Eddie | $1,115,000 | Lawyers Title Company | |
| Cooper Robert | -- | Nations Title Company | |
| Gay David L | -- | None Available | |
| Gay Dave | $450,000 | Commerce Title | |
| Butner Christopher | -- | -- | |
| Butner Christopher | -- | -- | |
| Butner Christopher | $260,000 | American Title Co | |
| Thames Carroll E | -- | South Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loussararian Eddie | $820,000 | |
| Previous Owner | Loussararian Eddie | $836,250 | |
| Previous Owner | Cooper Robert | $378,690 | |
| Previous Owner | Gay Dave | $325,000 | |
| Previous Owner | Butner Christopher | $257,081 | |
| Previous Owner | Thames Carroll E | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2019 04/12/19 | Sold | $1,115,000 | +2.3% | $290 / Sq Ft |
| 03/04/2019 03/04/19 | For Sale | $1,090,000 | -- | $284 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,408 | $1,243,798 | $871,217 | $372,581 |
| 2024 | $17,408 | $1,219,411 | $854,135 | $365,276 |
| 2023 | $17,394 | $1,195,502 | $837,388 | $358,114 |
| 2022 | $16,814 | $1,172,062 | $820,969 | $351,093 |
| 2021 | $16,252 | $1,149,081 | $804,872 | $344,209 |
| 2020 | $16,124 | $1,137,750 | $796,620 | $341,130 |
| 2019 | $8,612 | $584,693 | $224,607 | $360,086 |
| 2018 | $8,698 | $573,238 | $220,203 | $353,035 |
| 2016 | $8,296 | $550,548 | $211,653 | $338,895 |
| 2015 | $7,843 | $542,279 | $208,474 | $333,805 |
| 2014 | $7,746 | $531,658 | $204,391 | $327,267 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Leitner
-
Hagop Yapoujian
Buyer's Agent in 2019
Hagop Yapoujian
HYNET REALTY
(323) 724-0000
10 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19048053
APN: 6349-003-009
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