NOT LISTED FOR SALE

Montebello, CA 90640

Estimated Value: $1,263,000 - $1,596,000

8 Beds
4 Baths
3,888 Sq Ft
$376/Sq Ft Est. Value

Last Sold April 10, 2012

Last sale price $588,000 $151 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $8,737/month

65 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • 4 Car Garage
  • Living Room

About This Home

As of April 2012

Incredible 4 unit income property is priced to sell. Each unit has a similar floor plan with generous living room, kitchen with good counter space, two bedrooms and one bathroom. Great investment. Property is a trust sale with NO court confirmation

Last Agent to Sell the Property

Pei-Chi Chang

Berkshire Hathaway Home Servic License #01324106 Listed on: 01/18/2012

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,295

Year Built

  • Built in 1978

Lot Details

  • 6,247

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • Living Room
  • Laundry Room

Additional Features

  • 6,247 Sq Ft Lot
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6346022012

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $45,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,295

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6346022012
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Room Type: Living Room

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Water Heater Central
  • Laundry Features: Community

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6247.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6247.0000 Square Feet
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
Nayak Krishna S and Nayak Rita
Bought by
Krishna & Rita Nayak 2016 Trust
Current Estimated Value
$1,396,365

Purchase Details

Listed on
Jan 18, 2012
Closed on
Feb 15, 2012
Sold by
Kimura Ronald and The Kimura 1997 Living Trust
Bought by
Nayak Krishna S and Nayak Rita Sampat
Seller's Agent
Pei-Chi Chang
Berkshire Hathaway Home Servic
Sold Price
$588,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$441,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1997
Sold by
Kimura George I and Kimura Pat
Bought by
Kimura George I and Kimura Pat
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
Krishna & Rita Nayak 2016 Trust -- None Available
Nayak Krishna S -- None Available
Nayak Krishna S $294,000 California Title Company
Nayak Krishna S $294,000 California Title Company
Kimura George I -- --
Kimura George I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nayak Krishna S $441,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2012 04/10/12 Sold $588,000 -- $151 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $12,295 $738,547 $376,811 $361,736
2024 $12,295 $724,067 $369,423 $354,644
2023 $12,223 $709,871 $362,180 $347,691
2022 $11,816 $695,953 $355,079 $340,874
2021 $11,360 $682,308 $348,117 $334,191
2019 $10,792 $662,673 $337,793 $324,880
2018 $10,918 $649,692 $331,170 $318,522
2016 $10,472 $623,889 $318,311 $305,578
2015 $9,961 $614,518 $313,530 $300,988
2014 $9,848 $602,482 $307,389 $295,093
Source: Public Records

Agents Affiliated with this Home

  • Pei-Chi Chang

    Seller's Agent in 2012

    Pei-Chi Chang

    Berkshire Hathaway Home Servic

    (626) 685-1123

    63 Total Sales

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22160347

Pasadena-Foothills Association of REALTORS®

APN: 6346-022-012

California Los Angeles County Montebello

90640

This home since 18 January 2012 and is currently estimated at $1,463,096, approximately $376 per square foot. This property was built in 1978. This home is a home located in Los Angeles County with nearby schools including Fremont Elementary School, La Merced Intermediate School, and Montebello High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® 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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