NOT LISTED FOR SALE

144 S 18th St Unit 144-146 Montebello, CA 90640

Estimated Value: $875,000 - $947,000

4 Beds
2 Baths
1,828 Sq Ft
$497/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $735,000 $402 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,881/month

53 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Laundry Room
  • Fireplace in Bathroom
  • No HOA
  • Carpet

About This Home

As of November 2021

Outstanding opportunity to offset your mortgage with a second unit, centrally located in Montebello. Front unit features 2 bedrooms 1 bath, back unit features 2 bedroom 1 bath with a cozy back yard. Both units feature open floor plan layout, with a 1 car garage detached for each unit.

Last Agent to Sell the Property

Francisco Copano

Premier Realty Associates License #01253925 Listed on: 09/16/2021

Premier Realty Associates

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,625

Year Built

  • Built in 1947

Lot Details

  • 6,896 Sq Ft Lot
  • 1 Common Wall
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Asbestos Shingle Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting

Additional Features

  • Urban Location
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 25
  • Tax Tract Number 13553
  • Assessor Parcel Number 6337005010
  • $1,075 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Maintenance Expense $800
  • Trash Expense $1,100
  • Water Sewer Expense $971
  • Operating Expense $3,621
  • Gross Income $46,779
  • Net Operating Income $46,779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,625

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 367500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 971.00
  • Zoning: MNR2YY
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6337005010
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Fireplace Features: Bath, Kitchen, Living Room, Patio, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 402.08
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Asbestos Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 6896.00
  • Lot Size Acres: 0.1583
  • Latitude Manual: 34.01100300

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 46779.00
  • Gross Operating Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6896.0000 Square Feet
  • Maintenance Expense: 800.00
  • Net Operating Income: 46779.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Operating Expense: 3621.00
  • Rent Control: Yes
  • Total Expenses: 3621.00

Tax Info

  • Tax Census Tract: 5320.01
  • Tax Lot: 25
  • Tax Tract Number: 13553
  • TaxOtherAnnualAssessmentAmount: 1075.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 18, 2021
Sold by
Rodriguez Antonio P and Rodriguez Luisa
Bought by
Ng Aron Wailung and Lee Janet
Seller's Agent
Francisco Copano
Premier Realty Associates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$908,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,490
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Oct 4, 2019
Sold by
Arce Joel A F and Arce Felicisima L
Bought by
Rodriguez Antonio P and Rodriguez Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
3.5%
Source: Public Records

Range of Values:

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Average Value
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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
Ng Aron Wailung $735,000 Wfg National Title
Rodriguez Antonio P $615,000 Wfg Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Antonio P $461,250
Previous Owner Arce Joel A F $272,500
Previous Owner Arce Joel A F $150,000
Previous Owner Arce Joel A F $132,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $735,000 0.0% $402 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $735,000 0.0% $402 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $735,000 -- $402 / 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 $11,625 $779,987 $530,604 $249,383
2024 $11,625 $764,694 $520,200 $244,494
2023 $11,588 $749,700 $510,000 $239,700
2022 $11,197 $735,000 $500,000 $235,000
2021 $10,052 $664,815 $465,775 $199,040
2019 $3,641 $194,526 $71,972 $122,554
2018 $3,608 $190,712 $70,561 $120,151
2016 $3,460 $183,309 $67,822 $115,487
2015 $3,307 $180,557 $66,804 $113,753
2014 $3,279 $177,021 $65,496 $111,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21204059

California Regional Multiple Listing Service (CRMLS)

APN: 6337-005-010