Seller's Agent in 2024
Giuseppe Napoli
RE/MAX
(626) 825-4863
5 in this area
88 Total Sales
2004 W Madison Ave Montebello, CA 90640
Estimated Value: $1,350,000 - $1,497,497
7
Beds
5
Baths
3,276
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Property is near park and public transit
- Neighborhood Views
- French Doors
- Traditional Architecture
- Laundry Room
- Doors swing in
About This Home
As of March 2024Live in one and rent the others or use this as an investment - the choice is yours! 2004 West Madison Avenue in the City of Montebello is a wonderful triplex located close to schools, shopping, and rapid transit. As you arrive to this wonderful property it's easy to see that this is not your typical triplex. The front house is a 3 bed, 1 bath home on a spacious lot that makes it easy to live apart from your tenants or command top dollar for this as a rental home. The front home has been recently painted and has fresh carpeting and window coverings. In addition there is an oversized two car garage with washer and dryer hookups along with TONS of yard space and additional parking area. Just behind this appointed front home there is an additional duplex on the property. Each unit of the duplex boasts two bedrooms and two bathrooms each along with their own private yards, garage, and driveway parking. All of the units on this property have updated windows which help keep the homes cool in the summer and warm in the winter. I invite you to come and see all that 2004 Madison Avenue has to offer you.
Last Agent to Sell the Property
RE/MAX INNOVATIONS License #01279689 Listed on: 01/25/2024
Last Buyer's Agent
PAUL VIEYRA
Redfin Corporation License #01802026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 0.26 Acre Lot
- Property fronts an alley
- No Common Walls
- Wrought Iron Fence
- Chain Link Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Sprinklers on Timer
- Back and Front Yard
Parking
- 5 Car Garage
- 5 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Triplex
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,276 Sq Ft Home
- 1-Story Property
- French Doors
- Neighborhood Views
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Accessible Home Design
- Doors swing in
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near park and public transit
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 150
- Tax Tract Number 530
- Assessor Parcel Number 6344011010
- $1,988 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Gardener Expense $2,160
- Insurance Expense $2,800
- Pest Control $275
- Water Sewer Expense $3,763
- Operating Expense $9,295
- Gross Income $99,745
- Net Operating Income $90,450
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2024
Closed on
Feb 14, 2024
Sold by
Pace Family Trust
Bought by
Gonzalez Ivan and Alvarado Daisy
Seller's Agent
Giuseppe Napoli
RE/MAX INNOVATIONS
Buyer's Agent
PAUL VIEYRA
Redfin Corporation
List Price
$1,390,000
Sold Price
$1,435,000
Premium/Discount to List
$45,000
3.24%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,626
Avg. Annual Appreciation
-0.47%
Original Mortgage
$1,148,000
Outstanding Balance
$1,128,014
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$294,360
Purchase Details
Closed on
Sep 30, 2022
Sold by
Pace Family Trust
Bought by
Pace Family Trust and Pace
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Ivan | $1,435,000 | None Listed On Document | |
| Conde Aurora | -- | None Listed On Document | |
| Pace Family Trust | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conde Aurora | $1,148,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2024 03/07/24 | Sold | $1,435,000 | +3.2% | $438 / Sq Ft |
| 01/25/2024 01/25/24 | For Sale | $1,390,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,388 | $1,463,700 | $953,700 | $510,000 |
| 2024 | $18,388 | $1,208,700 | $800,700 | $408,000 |
| 2023 | $3,793 | $127,186 | $40,965 | $86,221 |
| 2022 | $3,676 | $124,693 | $40,162 | $84,531 |
| 2021 | $3,509 | $122,249 | $39,375 | $82,874 |
| 2020 | $3,349 | $120,997 | $38,972 | $82,025 |
| 2019 | $3,290 | $118,625 | $38,208 | $80,417 |
| 2018 | $3,128 | $116,300 | $37,459 | $78,841 |
| 2016 | $2,995 | $111,786 | $36,005 | $75,781 |
| 2015 | $2,897 | $110,108 | $35,465 | $74,643 |
| 2014 | $2,890 | $107,952 | $34,771 | $73,181 |
Source: Public Records
Agents Affiliated with this Home
-
Giuseppe Napoli
-
PAUL VIEYRA
P
Buyer's Agent in 2024
PAUL VIEYRA
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24013991
APN: 6344-011-010
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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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