NOT LISTED FOR SALE

1928 W Olympic Blvd Montebello, CA 90640

Estimated Value: $1,208,000 - $1,624,955

8 Beds
4 Baths
3,328 Sq Ft
$422/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $1,175,000 $353 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,040/month

60 Days on Market

About This Home

As of May 2020

Beautiful 4 U apartment located in high demand area. All units have 2 bedrooms one bath with central air and their own individual addresses. One unit has direct access from the garage to the apartment. One upstairs unit has a gazebo and a deck with a private stairway. Each has 1-car garage with remote control and individual hot water heater. Tenants pay for their own electric and gas bills. Property is a pride of ownership. Please do not disturb the tenants. Be discreet. Make offer subject to interior inspection. Submit offer with proof of fund.

Last Agent to Sell the Property

Richard Choa

Apartment Depot Inc. License #00875371 Listed on: 11/21/2019

Last Buyer's Agent

Kristen Yoo

Team Spirit Realty, Inc. License #01476330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,454

Year Built

  • Built in 1950

Lot Details

  • 5,432 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 3,328 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 49
  • Tax Tract Number 10178
  • Assessor Parcel Number 6337014010

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $74,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,454

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 626-512-2036
  • Property Attached: Yes
  • Zoning: MNR3YY
  • Property Type: Residential Income
  • Parcel Number: 6337014010
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 353.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5432.00
  • Lot Size Acres: 0.1247
  • Latitude Manual: 34.01065100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 74820.00
  • Gross Scheduled Income: 74820.00
  • Lot Size Area: 5432.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 6235.00

Tax Info

  • Tax Census Tract: 5320.01
  • Tax Lot: 49
  • Tax Tract Number: 10178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Chu Antonio Julio Diaz and Chu Yesenia Elizabe
Bought by
A & Y Chu Family Trust
Current Estimated Value
$1,404,739

Purchase Details

Listed on
Nov 21, 2019
Closed on
May 18, 2020
Sold by
Liu Carole Su Yen and The Liu Family Trust
Bought by
Chu Antonio J and Chu Yesenia E
Seller's Agent
Richard Choa
Apartment Depot Inc.
Buyer's Agent
Kristen Yoo
Team Spirit Realty, Inc.
List Price
$1,225,000
Sold Price
$1,175,000
Premium/Discount to List
-$50,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$822,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2017
Sold by
Liu Carole Su Yen
Bought by
Liu Carole Su Yen and Survivors Trust

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 4, 2013
Sold by
Kauffman Christine A
Bought by
Kauffman Eveann
Seller's Agent
Ramon Sanchez
Century 21 Allstars
Buyer's Agent
Richard Choa
Apartment Depot Inc.
List Price
$785,000
Sold Price
$770,000
Premium/Discount to List
-$15,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$495,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 2, 2013
Sold by
Kauffman Eveann and Dolbachian Eveann H
Bought by
Dolbachian Tamara
Seller's Agent
Ramon Sanchez
Century 21 Allstars
Buyer's Agent
Richard Choa
Apartment Depot Inc.
List Price
$785,000
Sold Price
$770,000
Premium/Discount to List
-$15,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2013
Closed on
Mar 25, 2013
Sold by
Dolbachian Tamara
Bought by
Liu Ming W and Liu Carole Su Yen
Seller's Agent
Ramon Sanchez
Century 21 Allstars
Buyer's Agent
Richard Choa
Apartment Depot Inc.
List Price
$785,000
Sold Price
$770,000
Premium/Discount to List
-$15,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Dolbachian Tamara
Bought by
Dolbachian Tamara and Dolbachian Eveann H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Chatchikian Maria
Bought by
Dolbachian Tamara

Purchase Details

Closed on
Mar 6, 1997
Sold by
Trust Chatchikian Maria Tr Maria Chatchi
Bought by
Chatchikian Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
3.2%

Purchase Details

Closed on
Nov 9, 1994
Sold by
Chatchikian Maria
Bought by
The Maria Chatchikian Living Trust
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
A & Y Chu Family Trust -- --
Chu Antonio J $1,175,000 Lawyers Title Company
Liu Carole Su Yen -- None Available
Kauffman Eveann -- Old Republic Title Company
Dolbachian Tamara -- Old Republic Title Company
Liu Ming W $770,000 Old Republic Title Company
Dolbachian Tamara -- None Available
Dolbachian Tamara -- --
Chatchikian Maria -- Chicago Title Co
The Maria Chatchikian Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Antonio J $822,500
Previous Owner Liu Ming W $495,000
Previous Owner Dolbachian Tamara $65,000
Previous Owner Chatchikian Maria $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $1,175,000 -2.9% $353 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $1,210,000 -1.2% $364 / Sq Ft
11/21/2019 11/21/19 For Sale $1,225,000 +59.1% $368 / Sq Ft
05/17/2013 05/17/13 Sold $770,000 -1.9% $231 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $785,000 -- $236 / 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 $19,454 $1,285,031 $656,186 $628,845
2024 $19,454 $1,259,835 $643,320 $616,515
2023 $19,380 $1,235,133 $630,706 $604,427
2022 $18,727 $1,210,916 $618,340 $592,576
2021 $18,045 $1,187,173 $606,216 $580,957
2020 $13,601 $867,002 $416,610 $450,392
2019 $13,219 $850,003 $408,442 $441,561
2018 $13,424 $833,337 $400,434 $432,903
2017 $13,149 $816,998 $392,583 $424,415
2016 $12,883 $800,980 $384,886 $416,094
2015 $12,230 $788,949 $379,105 $409,844
2014 $12,080 $773,495 $371,679 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19270048

California Regional Multiple Listing Service (CRMLS)

APN: 6337-014-010