Seller's Agent in 2025
Wilson Ruiz
Gallant Realty, Inc.
(562) 945-6700
2 in this area
78 Total Sales
128 N 1st St Montebello, CA 90640
Estimated Value: $1,369,000 - $1,445,000
9
Beds
8
Baths
4,549
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Laundry Room
- Turnkey
- No HOA
- 4 Car Garage
- Rectangular Lot
About This Home
As of October 2025A desirable 4-UNIT Apartment BUILDING in the heart of Montebello. This BUILDING offers the following bedroom counts:UNIT A-3 BEDROOMS/1.5 BATHS UNIT B-2 BEDROOMS/1.5 BATHS UNIT C-2 BEDROOMS/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 quick access to schools, public transportation, and nearby parks such as Montebello City Park and Rio Hondo Park.
Last Agent to Sell the Property
Gallant Realty, Inc. Brokerage Email: wilson.broker@verizon.net License #01113463 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
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
- Entry on the 1st floor
- 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
- Tenant pays for electricity, gas
- 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
- 5 Separate Electric Meters
- 5 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2025
Closed on
Oct 10, 2025
Sold by
Hunt Renee Michelle and Frank M Silvio Family Trust
Bought by
Lai Esther C
Seller's Agent
Wilson Ruiz
Gallant Realty, Inc.
Buyer's Agent
Ricky Cheung
FAIRMATE INC.
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,724
Avg. Annual Appreciation
1.06%
Purchase Details
Listed on
Aug 7, 2025
Closed on
Oct 9, 2025
Sold by
Chao Minhung
Bought by
Lai Esther C
Seller's Agent
Wilson Ruiz
Gallant Realty, Inc.
Buyer's Agent
Ricky Cheung
FAIRMATE INC.
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Views
33
Purchase Details
Closed on
Jun 27, 2008
Sold by
Silvio Charlotte M and Frank M Silvio Family Trust
Bought by
Silvio Charlotte M and Frank M Silvio Family Trust
Purchase Details
Closed on
Jan 12, 2006
Sold by
Silvio Frank M and Silvio Charlotte M
Bought by
Silvio Frank M and Silvio Charlotte M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,800
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2006
Sold by
Silvio Frank M and Silvio Charlotte M
Bought by
Silvio Frank M and Silvio Charlotte M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,800
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2003
Sold by
Silvio Frank M and Silvio Charlotte M
Bought by
Silvio Frank M and Silvio Charlotte M
Purchase Details
Closed on
May 6, 2003
Sold by
Silvio Frank M and Silvio Charlotte M
Bought by
Silvio Frank M and Silvio Charlotte M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 1999
Sold by
Silvio Leroy
Bought by
Silvio Frank M and Silvio Charlotte M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,228
Interest Rate
7.82%
Purchase Details
Closed on
Sep 17, 1997
Sold by
Iniguez Jesus and Iniguez Rosario
Bought by
Silvio Leroy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lai Esther C | $1,400,000 | Old Republic Title Company | |
| Lai Esther C | -- | Old Republic Title Company | |
| Silvio Charlotte M | -- | None Available | |
| Silvio Frank M | -- | Accommodation | |
| Silvio Frank M | -- | Landamerica Southland Title | |
| Silvio Frank M | -- | -- | |
| Silvio Frank M | -- | American Title Co | |
| Silvio Frank M | $305,000 | United Title Company | |
| Silvio Leroy | $313,000 | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Silvio Frank M | $592,800 | |
| Previous Owner | Silvio Frank M | $194,000 | |
| Previous Owner | Silvio Frank M | $192,228 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Sold | $1,400,000 | +0.1% | $308 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $1,399,000 | -- | $308 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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
Agents Affiliated with this Home
-
Wilson Ruiz
-
Ricky Cheung
Buyer's Agent in 2025
Ricky Cheung
FAIRMATE INC.
(626) 688-1413
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25173256
APN: 6346-020-004
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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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