NOT LISTED FOR SALE

123 N Spruce St Montebello, CA 90640

Estimated Value: $662,000

5 Beds
4 Baths
2,683 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $700,000 $261 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,364/month

64 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Galley Kitchen
  • Laundry Room
  • Wall Furnace

About This Home

As of November 2020

REDUCED PRICE - BACK ON THE MARKET - INVESTORS OPPORTUNITY OR BUYER TO LIVE IN ONE AND RENT THE OTHER TWO UNITS. LOCATION LOCATION LOCATION - THIS INCLUDES TWO PARCELS : 6345-021-001 AND 6345-021-009. COVENANT AND AGREEMENT TO HOLD PROPERTY AS ONE PARCEL.
2/1 upstairs, 1/1 downstairs, plus a 2/2 single family home in front, this unit has Forced AC/Heat. Units in back share a laundry room and home in front has its own laundry room. Some cosmetic updating needed. Great Part of Montebello, between Whittier Blvd. and Beverly Blvd., centrally located to shopping, Schools and Freeways.

Last Agent to Sell the Property

Helen CousoVasquez

T.N.G. Real Estate Consultants License #01909625 Listed on: 08/27/2020

T.N.G. Real Estate Consultants

Last Buyer's Agent

Helen CousoVasquez

T.N.G. Real Estate Consultants License #01909625 Listed on: 08/27/2020

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,298 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 6345021009

Home Design

  • Composition Roof

Interior Spaces

  • 2,683 Sq Ft Home
  • Ceiling Fan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 84
  • Tax Tract Number 5301
  • Assessor Parcel Number 6345021001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: MNR3YY
  • Property Type: Residential Income
  • Parcel Number: 6345021001
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 260.90
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6345021009
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6298.00
  • Lot Size Acres: 0.1446

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6298.0000 Square Feet
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Number With Carpet: 3
  • Number With Range: 1
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5301.02
  • Tax Lot: 84
  • Tax Tract Number: 5301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2013
Sold by
Newmiller Sally
Bought by
Newmiller Sally
Total Days on Market
64
Current Estimated Value
$662,000
Source: Public Records

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Range of Values:

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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
Newmiller Sally -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Ivanhoe $467,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $700,000 -12.4% $261 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $798,888 +14.1% $298 / Sq Ft
10/15/2020 10/15/20 Off Market $700,000 -- --
10/14/2020 10/14/20 Price Changed $800,000 -5.9% $298 / Sq Ft
10/07/2020 10/07/20 For Sale $849,888 0.0% $317 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $849,888 -5.5% $317 / Sq Ft
08/27/2020 08/27/20 For Sale $899,000 -- $335 / 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
2019 -- $51,594 $16,237 $35,357
2018 -- $50,583 $15,919 $34,664
2016 -- $48,620 $15,301 $33,319
2015 -- $47,891 $15,072 $32,819
2014 -- $46,954 $14,777 $32,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20161948

California Regional Multiple Listing Service (CRMLS)

APN: 6345-021-001