Emma Perez
Responds Quickly
Century 21 Cornerstone
(747) 223-6382
81 Total Sales
2 in Montebello
$820,000 Price Range
137 N 3rd St Montebello, CA 90640
Montebello Area
10
Beds
5
Baths
4,032
Sq Ft
6,246
Sq Ft Lot
About This Home
As of April 2025We 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
Remax Commercial and Investment Realty License #01713570 Listed on: 03/07/2025
Last Buyer's Agent
Yennis Wong
BHHS California Properties License #01344042
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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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Montebello, CA
-
Emma Perez
-
Peggy Lim
Peggy Lim
Real Brokerage Technologies
(626) 889-5586
87 Total Sales
1 in Montebello
$800,000 Price
-
ZACHARY BLOUNT
ZACHARY BLOUNT
OMEGA REAL ESTATE
(951) 877-5325
43 Total Sales
1 in Montebello
$800,000 Price
-
Michele Steggell
Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
48 Total Sales
2 in Montebello
$895,000 Price Range
-
Carlos Barron
Carlos Barron
T.N.G. Real Estate Consultants
(657) 385-7956
82 Total Sales
1 in Montebello
$950,000 Price
-
Bobejo Kelley
Bobejo Kelley
Keller Williams Premier Prop.
(424) 292-6160
65 Total Sales
1 in Montebello
$1,080,000 Price
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
Agents Affiliated with this Home
-
Shant Sherbetdjian
Seller's Agent in 2025
Shant Sherbetdjian
RE/MAX
(626) 657-8135
64 Total Sales
-
Y
Buyer's Agent in 2025
Yennis Wong
BHHS California Properties
Map
Source: The MLS
MLS Number: 25508355
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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