NOT LISTED FOR SALE

116 S 18th St Montebello, CA 90640

Estimated Value: $882,953 - $1,081,000

5 Beds
3 Baths
1,828 Sq Ft
$524/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $655,000 $358 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,967/month

12 Days on Market

Highlights

  • Laundry Room
  • Heating Available
  • Front Yard

About This Home

As of December 2019

Don't miss out on this terrific duplex! With a little bit of love, this property will be perfect for an owner-occupant or an investor. The front unit features 2 bedrooms, 1 bathroom, living room with fireplace, dining area, indoor laundry hookups and kitchen. The bedrooms and living room have low maintenance laminate flooring and lovely tile in the kitchen and bathroom. The back unit has 3 bedrooms and 2 bathrooms with a large living room with a decorative fireplace and tile floors, great dining and kitchen space, and direct access to the backyard. The garage has also been converted (buyer to verify) to a one bedroom guest quarters providing even more options. It can be turned back into garage for parking with little effort. Located in a great neighborhood, come see this diamond in the rough today!

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 10/11/2019

Last Buyer's Agent

Donna Dance

ROYAL HOMES & LOANS License #01079262

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,709

Year Built

  • Built in 1947

Lot Details

  • 6,814 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,828 Sq Ft Home
  • Duplex
  • Cosmetic Repairs Needed
  • Fixer Upper

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Heating Available
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 13553
  • Assessor Parcel Number 6337005017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,709

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: MNR2YY
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6337005017
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 358.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Unknown
  • 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
  • Lot Size Sq Ft: 6814.00
  • Lot Size Acres: 0.1564

Multi Family

  • Lot Size Area: 6814.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5320.01
  • Tax Lot: 32
  • Tax Tract Number: 13553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Velazquez Adrian
Bought by
A Ja Prolific Resources Llc
Current Estimated Value
$957,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2020
Sold by
A Ja Prolific Resources Llc
Bought by
Velazquez Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 3, 2020
Sold by
Velazquez Adrian
Bought by
A Ja Prolific Resources Llc
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Donna Dance
ROYAL HOMES & LOANS
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 7, 2019
Sold by
Magnum Property Investments Llc
Bought by
Velazquez Adrian
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Donna Dance
ROYAL HOMES & LOANS
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2019
Sold by
Acevedo Alberto
Bought by
Magnum Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2016
Sold by
Chavez Alberto Acevedo
Bought by
Chavez Alberto Acevedo and Escoria Dora Maria

Purchase Details

Closed on
Oct 16, 2006
Sold by
Escorcia Dora Maria
Bought by
Acevedo Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Licona Jose Antonio
Bought by
Acevedo Alberto

Purchase Details

Closed on
Jun 15, 2001
Sold by
Garcia Jesus E
Bought by
Licona Jose Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 1998
Sold by
Peoples Danny R and Peoples Dena
Bought by
Garcia Jesus E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,420
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1995
Sold by
Peoples Danny R
Bought by
Peoples Meade S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
9.23%

Purchase Details

Closed on
Sep 3, 1993
Sold by
Peoples Meade S and Peoples Julie
Bought by
Peoples Meade S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
A Ja Prolific Resources Llc -- Provident Title Company
Velazquez Adrian -- Provident Title Company
A Ja Prolific Resources Llc -- Provident Title Company
Velazquez Adrian $655,000 Fidelity National Title Co
Magnum Property Investments Llc $517,000 None Available
Chavez Alberto Acevedo -- None Available
Acevedo Alberto -- Chicago Title
Acevedo Alberto -- Ticor Title Company
Acevedo Alberto -- Ticor Title Company
Licona Jose Antonio $235,000 Benefit Land Title Company
Garcia Jesus E $184,000 Fidelity National Title
Peoples Meade S -- North American Title Company
Peoples Meade S -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Adrian $465,000
Previous Owner Velazquez Adrian $455,000
Previous Owner Acevedo Alberto $275,000
Previous Owner Licona Jose Antonio $231,369
Previous Owner Garcia Jesus E $180,420
Previous Owner Peoples Meade S $76,000
Previous Owner Peoples Meade S $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $655,000 +0.8% $358 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $650,000 -- $356 / 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 $10,709 $708,990 $492,505 $216,485
2024 $10,709 $695,090 $482,849 $212,241
2023 $10,672 $681,462 $473,382 $208,080
2022 $10,313 $668,100 $464,100 $204,000
2021 $10,033 $661,785 $459,713 $202,072
2020 $9,864 $655,000 $455,000 $200,000
2019 $9,008 $606,027 $480,450 $125,577
2018 $9,106 $594,145 $471,030 $123,115
2016 $8,731 $571,076 $452,741 $118,335
2015 $8,273 $562,499 $445,941 $116,558
2014 $8,163 $551,481 $437,206 $114,275
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jack Stephan

    Jack Stephan, Broker

    (310) 936-8334

    57 Total Sales

    Section Image
  • Donna Dance

    Buyer's Agent in 2019

    Donna Dance

    ROYAL HOMES & LOANS

    (626) 915-8031

    38 Total Sales

    Donna Dance
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19240593

California Regional Multiple Listing Service (CRMLS)

APN: 6337-005-017

California Los Angeles County Montebello 90640

116 S 18th St, Montebello, CA

This home is located at 116 S 18th St, Montebello, CA 90640 since 11 October 2019 and is currently estimated at $957,238, approximately $523 per square foot. This property was built in 1947. 116 S 18th St is a home located in Los Angeles County with nearby schools including Washington Elementary School, Montebello Intermediate School, and Montebello High School.

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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