$1,399,000

128 N 1st St Montebello, CA 90640

Estimated payment $8,339/month

Total Views 529
9 Beds
8 Baths
4,549 Sq Ft
$308 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Laundry Room
  • Turnkey
  • No HOA
  • 4 Car Garage
  • Rectangular Lot

About This Home

A Good and desirable quadruplex Apartment in the heart of Montebello. This APARTMENT BUILDING offer the following bedroom counts: UNIT A-3 BEDROOMS/1.5 BATHS UNIT B-2 BEDROOMS/1.5 BATHS UNIT C-2BEDROOMS/1.5 BATHS UNIT D-2 BEDROOMS/1.5 BATHS. This property offers an incredible opportunity for investors or owner-occupants looking to generate passive income in a high-demand rental area. Located minutes away from major shopping centers like The Shops at Montebello, Montebello Town Square, and countless restaurants, cafes, and grocery stores. Residents will also enjoy easy access to schools, public transportation, and nearby parks such as Montebello City Park and Rio Hondo Park.

Listing Agent

Wilson Ruiz

Gallant Realty, Inc. Brokerage Email: wilson.broker@verizon.net License #01113463 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,144

Year Built

  • Built in 1981

Lot Details

  • 6,290 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Modern Architecture
  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,549 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7783
  • Assessor Parcel Number 6346020004
  • $985 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $438
  • Gardener Expense $550
  • Insurance Expense $1,694
  • Other Expense $1,760
  • Trash Expense $1,740
  • Water Sewer Expense $3,181
  • Operating Expense $7,877
  • Gross Income $95,540
  • Net Operating Income $72,611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,144

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 349750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 3181.00
  • Zoning: MNR3*
  • Architectural Style: Contemporary, Craftsman, Modern, Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 550.00
  • Parcel Number: 6346020004
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front & Back
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 307.54

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage, Garage Faces Front, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1740.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 6290.00
  • Lot Size Acres: 0.1444

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 438.00
  • Gross Income: 95540.00
  • Gross Operating Income: 90763.00
  • Gross Scheduled Income: 95540.00
  • Insurance Expense: 1694.00
  • Lot Size Area: 6290.0000 Square Feet
  • Net Operating Income: 72611.00
  • 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: 18152.00
  • Operating Expense Percent: 20.00
  • Other Expense: 1760.00
  • Other Expense Description: GAS
  • Rent Control: No
  • Total Actual Rent: 7960.00
  • Total Expenses: 7877.00
  • Vacancy Allowance: 4777
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 5301.01
  • Tax Lot: 7
  • Tax Tract Number: 7783
  • TaxOtherAnnualAssessmentAmount: 985.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,144 $540,992 $184,425 $356,567
2024 $8,144 $530,385 $180,809 $349,576
2023 $8,132 $519,986 $177,264 $342,722
2022 $7,869 $509,791 $173,789 $336,002
2021 $7,587 $499,796 $170,382 $329,414
2019 $7,306 $484,974 $165,329 $319,645
2018 $7,373 $475,466 $162,088 $313,378
2016 $7,015 $457,005 $155,795 $301,210
2015 $6,638 $450,141 $153,455 $296,686
2014 $6,560 $441,325 $150,450 $290,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $1,399,000 -- $308 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Landamerica Southland Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Title Co
Grant Deed $305,000 United Title Company
Grant Deed $313,000 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $592,800 New Conventional
Previous Owner $194,000 Purchase Money Mortgage
Previous Owner $192,228 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25173256

California Regional Multiple Listing Service (CRMLS)

APN: 6346-020-004