NOT LISTED FOR SALE

132 N 5th St Montebello, CA 90640

Estimated Value: $1,244,502

6 Beds
6 Baths
4,439 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $775,000 $175 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,046/month

61 Days on Market

About This Home

As of December 2017

*****GREAT PROPERTY IDEAL FOR AN INDEPENDENT INSURANCE, AGT, REAL ESTATE ,DENTIST, ETC. AND COLLECT RENTS FROM APPROVED UNITS. TOTAL OF 6 UNITS, BUILT ON 1999, HANDICAPPED PARKING AND 9 PARKING ON THE FRONT IN THE ADDITIONAL PARKING CENTRALLY LOCATED -*******MOTIVATED SELLERS***** IDEAL FOR A BUSS. AND EXTRA INCOME***

Last Agent to Sell the Property

Gustavo Flores

Coldewll Banker Leaders License #01080663 Listed on: 10/03/2017

Coldewll Banker Leaders

Last Buyer's Agent

Gustavo Flores

Coldewll Banker Leaders License #01080663 Listed on: 10/03/2017

Coldewll Banker Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,183

Year Built

  • Built in 1999

Lot Details

  • 6,260 Sq Ft Lot
  • No Common Walls

Parking

  • 9 Car Garage

Home Design

  • 4,439 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Private Water Source
  • Well
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 1234
  • Assessor Parcel Number 6346024019

Community Details

Overview

  • 6 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,183

Year Built

Built in 1999

Lot Details

0

Parking

9

Listing Details

  • Property Attached: No
  • Zoning: MNC2*
  • Property Type: Residential Income
  • Parcel Number: 6346024019
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 174.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Private, Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6260.00
  • Lot Size Acres: 0.1437

Multi Family

  • Gross Scheduled Income: 4815.00
  • Lot Size Area: 6260.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: No
  • Total Actual Rent: 4815.00

Tax Info

  • Tax Census Tract: 5301.01
  • Tax Lot: 123
  • Tax Tract Number: 1234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 22, 2017
Sold by
Garib
Bought by
Deand
Seller's Agent
Gustavo Flores
Coldewll Banker Leaders
Buyer's Agent
Gustavo Flores
Coldewll Banker Leaders
List Price
$950,000
Sold Price
$775,000
Premium/Discount to List
-$175,000
-18.42%
Current Estimated Value
$1,244,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,502
Avg. Annual Appreciation
6.30%
Original Mortgage
$700,000
Outstanding Balance
$592,091
Interest Rate
3.94%
Estimated Equity
$647,021

Purchase Details

Closed on
Jul 20, 2006
Sold by
Garibay Ruben B
Bought by
Garibay Ruben B and Garibay Maria C

Purchase Details

Closed on
Nov 27, 2005
Sold by
Zohrabian Ortiz Chiropractic Inc
Bought by
Garibay Ruben B and Garibay Maria C

Purchase Details

Closed on
Mar 28, 2005
Sold by
Zohrabian Rita
Bought by
Zohrabian Ortiz Chiropractic Inc

Purchase Details

Closed on
Feb 10, 2005
Sold by
Ortiz Mynor P
Bought by
Zohrabian Rita

Purchase Details

Closed on
Feb 5, 2004
Sold by
Li Zhi Jun
Bought by
Ortiz Mynor P and Zohrabian Rita

Purchase Details

Closed on
Jul 16, 2003
Sold by
Bereco Construction Inc
Bought by
Li Zhi Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1998
Sold by
Benavidez Leo E and Benavidez Luz M
Bought by
Bereco Construction Inc
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
Deand -- --
Garibay Ruben B -- None Available
Garibay Ruben B $749,000 Fidelity National Title Co
Zohrabian Ortiz Chiropractic Inc -- --
Zohrabian Rita -- --
Ortiz Mynor P $649,000 --
Li Zhi Jun $548,000 Southland Title
Bereco Construction Inc $45,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deand $700,000
Closed Deand --
Previous Owner Li Zhi Jun $356,000
Previous Owner Bereco Construction $128,750
Previous Owner Bereco Construction Inc $185,000
Previous Owner Bereco Construction Inc $112,500
Previous Owner Bereco Construction Inc $225,000
Closed Ortiz Mynor P $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $775,000 -18.4% $175 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $950,000 -- $214 / 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 $15,183 $1,058,177 $375,481 $682,696
2024 $15,183 $1,037,429 $368,119 $669,310
2023 $15,165 $1,017,088 $360,901 $656,187
2022 $14,665 $997,146 $353,825 $643,321
2021 $14,172 $977,595 $346,888 $630,707
2020 $14,062 $967,572 $343,332 $624,240
2019 $13,634 $948,600 $336,600 $612,000
2018 $13,842 $930,000 $330,000 $600,000
2016 $13,125 $886,836 $333,621 $553,215
2015 $12,399 $873,516 $328,610 $544,906
2014 $12,219 $856,406 $322,173 $534,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17228127

California Regional Multiple Listing Service (CRMLS)

APN: 6346-024-019