NOT LISTED FOR SALE

113 S 3rd St Montebello, CA 90640

Estimated Value: $1,255,000 - $1,652,426

8 Beds
4 Baths
3,840 Sq Ft
$385/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2019

Last sale price $1,115,000 $290 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,431 / mo

Highlights

  • Lawn
  • Laundry Room
  • 4 Car Garage

About This Home

As of April 2019

4 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

Steve Leitner

First Team Real Estate License #01310869 Listed on: 03/04/2019

First Team Real Estate

Last Buyer's Agent

Hagop Yapoujian

HYNET REALTY License #01005112

Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

6,261 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2870.00
  • Property Type: Residential Income
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 290.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1644.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 6261.00
  • Lot Size Acres: 0.1437

Multi Family

  • Electric Expense: 430.00
  • Gross Income: 63360.00
  • Gross Scheduled Income: 63360.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6261.0000 Square Feet
  • Net Operating Income: 43691.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 19669.00
  • Rent Control: No
  • Total Actual Rent: 5260.00
  • Total Expenses: 19669.00

Tax Info

  • New Taxes Expense: 13625.00
  • Tax Lot: 161
  • Tax Tract Number: 5321

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

Closed on
Oct 6, 2021
Sold by
Bought by
Current Estimated Value
$1,476,607

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
$741,243
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$735,364

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 10, 2019
Sold by
Bought by
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
3.98%
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
Bought by
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
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
$378,690
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2003
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
$325,000
Interest Rate
5.73%

Purchase Details

Closed on
May 15, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 1999
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
$257,081
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 1994
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
$57,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- Accommodation/Courtesy Recordi
-- Provident Title
-- Lawyers Title Company
$1,115,000 Lawyers Title Company
-- Nations Title Company
-- None Available
$450,000 Commerce Title
-- --
-- --
$260,000 American Title Co
-- South Coast Title
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
Open $820,000
Previous Owner $836,250
Previous Owner $378,690
Previous Owner $325,000
Previous Owner $257,081
Previous Owner $57,000
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
04/12/2019 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

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 $17,649 $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

    Seller's Agent in 2019

    Steve Leitner

    First Team Real Estate

    (562) 841-8508

    57 Total Sales

    Steve Leitner
    Section Image
  • Hagop Yapoujian

    Buyer's Agent in 2019

    Hagop Yapoujian

    HYNET REALTY

    (323) 724-0000

    7 in this area

    20 Total Sales

    Hagop Yapoujian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19048053

California Regional Multiple Listing Service (CRMLS)

APN: 6349-003-009

California Los Angeles County Montebello 90640

113 S 3rd St, Montebello, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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