1828 Rainbow Terrace Ln Montebello, CA 90640
3
Beds
1.5
Baths
1,303
Sq Ft
$480/mo
HOA Fee
Highlights
- 5.87 Acre Lot
- High Ceiling
- Community Pool
- End Unit
- Neighborhood Views
- Beamed Ceilings
About This Home
As of June 2025Welcome to this charming and well-located condo in the beautiful city of Montebello! This spacious 3-bedroom, 1.5-bath end-unit offers an excellent opportunity for buyers looking to personalize a home to their taste. The property is a fixer and in need of repairs, making it ideal for those seeking a project with great potential. With direct access through your private 2-car garage, you'll enjoy both privacy and convenience.Step inside to discover a layout full of potential, highlighted by a HUGE master bedroom featuring vaulted ceilings and stunning city views. Whether you're a first-time buyer or a savvy investor, this home provides a perfect blank canvas to make your own.The community boasts a beautifully maintained pool—ideal for relaxing or enjoying sunny summer days. Located just minutes from the exciting new Monterey Park Marketplace, you'll have easy access to major retailers like Costco and Home Depot, as well as a variety of popular restaurants and shops. Commuters will appreciate the quick and easy access to the 60 Freeway, while locals will love being close to The Shops at Montebello and a wide selection of dining options.Don’t miss your chance to own in this desirable area with strong upside potential. Schedule a tour today and imagine the possibilities!
Last Agent to Sell the Property
Realty One Group United Brokerage Phone: 562-739-3441 License #02167315 Listed on: 05/07/2025
Last Buyer's Agent
Realty One Group United Brokerage Phone: 562-739-3441 License #02167315 Listed on: 05/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,267
Year Built
- Built in 1977
Lot Details
- End Unit
- 1 Common Wall
HOA Fees
- $480 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Interior Spaces
- 1,303 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- High Ceiling
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 28688
- Assessor Parcel Number 5275025009
- $711 per year additional tax assessments
Community Details
Overview
- 200 Units
- Mountain View Terrace Association, Phone Number (626) 529-3918
- Partners Community Management HOA
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2025
Closed on
May 22, 2025
Sold by
Malmloff Living Trust and Malmloff Robert Eric
Bought by
Jjsm Group Llc
Seller's Agent
Rosanna Rodriguez
Realty One Group United
Buyer's Agent
Rosanna Rodriguez
Realty One Group United
List Price
$549,999
Sold Price
$520,000
Premium/Discount to List
-$29,999
-5.45%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Purchase Details
Closed on
Dec 19, 2005
Sold by
Malmloff John R and Malmloff Hyun S
Bought by
Malmloff John R and Malmloff Hyun S
Similar Homes in Montebello, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $520,000 | Wfg National Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $544,185 | FHA | |
| Previous Owner | $54,575 | Unknown | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $35,525 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Rent | $3,195 | 0.0% | -- |
| 06/10/2025 06/10/25 | Sold | $520,000 | -5.5% | $399 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $549,999 | -- | $422 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,267 | $123,541 | $41,785 | $81,756 |
| 2024 | $2,267 | $121,119 | $40,966 | $80,153 |
| 2023 | $2,247 | $118,745 | $40,163 | $78,582 |
| 2022 | $2,170 | $116,418 | $39,376 | $77,042 |
| 2021 | $2,073 | $114,136 | $38,604 | $75,532 |
| 2019 | $1,960 | $110,753 | $37,460 | $73,293 |
| 2018 | $1,958 | $108,582 | $36,726 | $71,856 |
| 2016 | $1,870 | $104,367 | $35,300 | $69,067 |
| 2015 | $1,787 | $102,800 | $34,770 | $68,030 |
| 2014 | $1,771 | $100,787 | $34,089 | $66,698 |
Source: Public Records
Agents Affiliated with this Home
-
Rosanna Rodriguez
Seller's Agent in 2025
Rosanna Rodriguez
Realty One Group United
(562) 739-3441
1 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25083518
APN: 5275-025-009
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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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