Seller's Agent in 2018
Bill Mulkey
TR Wealth Management Inc.
(310) 919-7554
16 Total Sales
125 S 4th St Montebello, CA 90640
Estimated Value: $1,300,000 - $1,822,000
6
Beds
5
Baths
2,674
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Cooling System Mounted To A Wall/Window
- Granite Countertops
- Garden Windows
- Laundry Room
About This Home
As of May 2018The subject offering is One Story 2 bedroom 1 bathroom home with a new floor & Bathroom, two air conditioner units, and laundry Hookups along with
4 1 bedroom units with 4 car garages off the alley. Two of these 1 bedrooms have new kitchenS & flooring and the other upper left has new carpeting.
The property has roughly 30% upside in rents with modernization and there are very few properties for sale or rentals found in this area for this price range. The property is not subject to rent control and is individually metered with 5 gas and 5 electric meters and has 2 new water heaters installed too!
127 N 4th St is a multi-family Home + 4 units in Montebello, CA 90640. Nearby schools include Montebello Christian School, Montebello Community Day School and Fremont Elementary School. The closest grocery stores are Superior Grocers, 99 Cents Only Stores and Superior Grocers. Nearby coffee shops include The Daily Brew Coffee Bar, Starbucks and Signature Cafe. Nearby restaurants include Aryso Grill Family Restaurant, Salvatore Italian Restaurant and Pepes Super Burgers. 127 N 4th St is near Montebello City Park, Rio Hondo Park and Grant Rea Park.
Last Agent to Sell the Property
TR Wealth Management Inc. License #00986020 Listed on: 04/29/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,245
Year Built
- Built in 1922
Lot Details
- 6,253 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in average condition
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Bungalow
- Apartment
- Composition Roof
- Partial Copper Plumbing
Interior Spaces
- 2,674 Sq Ft Home
- 2-Story Property
- Blinds
- Garden Windows
Kitchen
- Gas Oven
- Gas Range
- Granite Countertops
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Wall Furnace
- Central Water Heater
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 85
- Tax Tract Number 5321
- Assessor Parcel Number 6346024009
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Gardener Expense $600
- Insurance Expense $936
- Maintenance Expense $2,514
- Other Expense $2,364
- Professional Management Expense $5,400
- Water Sewer Expense $1,930
- New Taxes Expense $14,625
- Operating Expense $28,919
- Gross Income $5,650
- Net Operating Income $38,703
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2021
Sold by
Contreras Deverduzco Enriqueta
Bought by
Enriqueta Verduzco Living Trust and Verduzco
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
$344,500
Outstanding Balance
$293,367
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,318,966
Purchase Details
Closed on
Mar 1, 2018
Sold by
Verduzco Enriqueta
Bought by
Verduzco Enriqueta and The Enriqueta Verduzco Living Trust
Purchase Details
Closed on
Mar 12, 2012
Sold by
Verduzco Federico
Bought by
Verduzco Enriqueta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,296
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2004
Sold by
Verduzco Federico V
Bought by
Verduzco Enriqueta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,250
Interest Rate
4.49%
Mortgage Type
Negative Amortization
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 |
|---|---|---|---|
| Enriqueta Verduzco Living Trust | -- | New Title Company Name | |
| Deverduzco Enriqueta Contreras | -- | New Title Company Name | |
| Verduzco Enriqueta | -- | None Available | |
| Verduzco Enriqueta | -- | Investors Title Company | |
| Verduzco Enriqueta | -- | Gateway Title Company | |
| Verduzco Enriqueta | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deverduzco Enriqueta Contreras | $344,500 | |
| Previous Owner | Verduzco Enriqueta | $395,296 | |
| Previous Owner | Verduzco Enriqueta | $380,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2018 05/22/18 | Sold | $850,000 | -12.8% | $318 / Sq Ft |
| 04/29/2018 04/29/18 | For Sale | $975,000 | -- | $365 / 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 | $9,245 | $632,769 | $379,666 | $253,103 |
| 2024 | $9,245 | $620,363 | $372,222 | $248,141 |
| 2023 | $9,231 | $608,200 | $364,924 | $243,276 |
| 2022 | $8,929 | $596,275 | $357,769 | $238,506 |
| 2021 | $8,622 | $584,584 | $350,754 | $233,830 |
| 2019 | $8,297 | $567,247 | $340,351 | $226,896 |
| 2018 | $8,384 | $556,126 | $333,678 | $222,448 |
| 2016 | $7,986 | $534,533 | $320,722 | $213,811 |
| 2015 | $7,550 | $526,505 | $315,905 | $210,600 |
| 2014 | $7,456 | $516,192 | $309,717 | $206,475 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Mulkey
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,946 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18100323
APN: 6349-004-005
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