NOT LISTED FOR SALE
10 Beds
5 Baths
4,032 Sq Ft
6,246 Sq Ft Lot

Sale Details

Date Sold: April 21, 2025

Last sale price $1,700,000 $422 Per Sq Ft

24 Days on Market

About This Home

As of April 2025

We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.29 GRM and a 5.43% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 03/07/2025

Last Buyer's Agent

Yennis Wong

BHHS California Properties License #01344042

BHHS California Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,246

Parking

  • 5 Car Garage

Interior Spaces

  • 4,032 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Additional Features

  • 6,246 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 5 Units
  • Vacancy Allowance $4,382

Listing and Financial Details

  • Assessor Parcel Number 6346-023-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

6,246 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4032
  • Lot Acreage: 0.1434
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 445.19

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 5
  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Percent: 41.67
  • Assessed Improvement Value: 314009
  • Assessed Land Percent: 58.33
  • Assessed Land Value: 439613
  • Total Assessed Value: 753622
  • Assessor Parcel Number: 6346-023-012
  • Lot Size Area: 6246

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.29
  • Number Of Units: 5
  • Type Of Units: Apartment
  • Vacancy Allow: 4382
  • Vacancy Allow Percent: 3.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 14, 2025
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Yennis Wong
BHHS California Properties
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Views
50

Purchase Details

Closed on
Dec 2, 2020
Sold by
Bought by

Purchase Details

Closed on
May 15, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,753
Interest Rate
6.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,700,000 Lawyers Title Company
-- Accommodation
-- Fntc
$600,006 Lawyers Title
$542,217 Servicelink
$175,000 United Title Company
-- --
$420,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $450,000
Previous Owner $455,000
Previous Owner $555,000
Previous Owner $313,753
Previous Owner $378,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/21/2025 04/21/25 Sold $1,700,000 -5.3% $422 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $1,795,000 -- $445 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,772 $768,694 $448,405 $320,289
2024 $11,599 $753,622 $439,613 $314,009
2023 $11,584 $738,846 $430,994 $307,852
2022 $11,216 $724,360 $422,544 $301,816
2021 $10,850 $710,158 $414,259 $295,899
2020 $10,769 $702,877 $410,012 $292,865
2019 $10,455 $689,096 $401,973 $287,123
2018 $10,594 $675,586 $394,092 $281,494
2016 $10,080 $649,354 $378,790 $270,564
2015 $9,545 $639,601 $373,101 $266,500
2014 -- $627,073 $365,793 $261,280
Source: Public Records

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Map

Source: The MLS

MLS Number: 25508355

The MLS
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