NOT LISTED FOR SALE

1505 W Beverly Terrace Montebello, CA 90640

Estimated Value: $829,367 - $955,000

3 Beds
3 Baths
1,840 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $430,000 $234 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,803/month

43 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room

About This Home

As of April 2014

GREAT INVESTMENT PROPERTY OPPORTUNITY!! Standard sale! Triplex, all units 1 Bedroom - 1 bath each, detached triplex garage and parking space for another car for each unit. Property needs TLC, NO rent control, call listing agent for more information PLEASE DO NOT DISTURB TENANTS!!SHOWN BY APPOINTMENT ONLY. Property sold in its present "AS-IS" condition.

Last Agent to Sell the Property

Marilu Calderon

New Century Realtors License #01149850 Listed on: 02/11/2014

Last Buyer's Agent

Luchi Balcazar

Berkshire Hathaway HomeServices California Properties License #01475084

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,613

Year Built

  • Built in 1948

Lot Details

  • 6,743 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Parking Lot

Home Design

  • 1,840 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3, 4
  • Tax Tract Number 14381
  • Assessor Parcel Number 6344006029

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $602
  • Trash Expense $400
  • Water Sewer Expense $2,000
  • New Taxes Expense $4,775
  • Gross Income $1,750
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,613

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 6344006029
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 233.70
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Parking Space, Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 6743.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1750.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 602.00
  • Lot Size Area: 6743.0000 Square Feet
  • Net Operating Income: 18600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Actual Rent: 1750.00

Tax Info

  • New Taxes Expense: 4775.00
  • Tax Lot: 3, 4
  • Tax Tract Number: 14381
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Malaklan Maral P
Bought by
H & M Investment Llc
Current Estimated Value
$905,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2014
Sold by
Malakian Maral
Bought by
H & M Investment Llc

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 15, 2014
Sold by
Haclkoglu Herman
Bought by
Malakian Maral
Seller's Agent
Marilu Calderon
New Century Realtors
Buyer's Agent
Luchi Balcazar
Berkshire Hathaway HomeServices California Properties
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$338,400
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 31, 2014
Sold by
Rubio Victor M
Bought by
Malakian Maral
Seller's Agent
Marilu Calderon
New Century Realtors
Buyer's Agent
Luchi Balcazar
Berkshire Hathaway HomeServices California Properties
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,400
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2005
Sold by
Rubio Victor M and Rubio Patricia
Bought by
Rubio Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2003
Sold by
Rubio Victor M
Bought by
Rubio Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Rubio Victor M and Dorado Clemente
Bought by
Rubio Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1995
Sold by
Cooper Susie A and Cooper Susie A
Bought by
Rubio Victor M and Dorado Clemente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,350
Interest Rate
7.58%

Purchase Details

Closed on
Nov 8, 1995
Sold by
Rubio Patricia D
Bought by
Rubio Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,350
Interest Rate
7.58%
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
H & M Investment Llc -- Stewart Title
Malakian Maral P -- Stewart Title
Malakian Maral P -- Stewart Title
H & M Investment Llc -- None Available
Malakian Maral -- Title 365
Malakian Maral $423,000 Title 365
Rubio Victor M -- --
Rubio Victor M -- First American Title Ins Co
Rubio Victor M -- First American Title Ins Co
Rubio Victor M $193,000 North American Title Co
Rubio Victor M -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malakian Maral P $297,000
Previous Owner Malakian Maral $338,400
Previous Owner Rubio Victor M $55,000
Previous Owner Rubio Victor M $276,250
Previous Owner Dorado Clemente $180,000
Previous Owner Rubio Victor M $183,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $430,000 +7.8% $234 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $399,000 -- $217 / 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 $9,613 $584,088 $348,530 $235,558
2024 $9,613 $572,637 $341,697 $230,940
2023 $9,559 $561,410 $334,998 $226,412
2022 $9,240 $550,403 $328,430 $221,973
2021 $8,893 $539,612 $321,991 $217,621
2020 $8,690 $534,080 $318,690 $215,390
2019 $8,454 $523,609 $312,442 $211,167
2018 $8,508 $513,343 $306,316 $207,027
2016 $8,174 $493,411 $294,422 $198,989
2015 $7,048 $431,451 $254,995 $176,456
2014 $4,825 $261,539 $121,961 $139,578
Source: Public Records

Agents Affiliated with this Home

  • Marilu Calderon

    Seller's Agent in 2014

    Marilu Calderon

    New Century Realtors

    (323) 864-3893

    48 Total Sales

    Section Image
  • Luchi Balcazar

    Buyer's Agent in 2014

    Luchi Balcazar

    Berkshire Hathaway HomeServices California Properties

    (562) 761-3331

    74 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14032737

California Regional Multiple Listing Service (CRMLS)

APN: 6344-006-029

California Los Angeles County Montebello 90640

1505 W Beverly Terrace, Montebello, CA

This home is located at 1505 W Beverly Terrace, Montebello, CA 90640 since 11 February 2014 and is currently estimated at $911,342, approximately $495 per square foot. This property was built in 1948. 1505 W Beverly Terrace is a home located in Los Angeles County with nearby schools including Washington Elementary School, Montebello 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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