NOT LISTED FOR SALE

205 N 7th St Montebello, CA 90640

Montebello Area

Estimated Value: $881,000 - $942,212

4 Beds
2 Baths
2,028 Sq Ft
$446/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2016

Last sale price $575,000 $284 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,895 / mo

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • East Facing Home

About This Home

As of February 2016

We are pleased to present for sale 2 detached homes on a single lot in North Montebello. The homes are (Two) 2 Bedroom 1 Bath Units with private garages as well as private yards. Both are separately metered for gas and electricity leaving the landlord with minimal expenses. Each unit also has separate laundry hookups. Rents are about 40% below market leaving a new buyer with realistic upside in this non-rent control area. DRIVE BY ONLY. TENANTS ARE NOT AWARE OF SALE. DO NOT WALK ON PROPERTY.CONTACT LISTING AGENT FOR DETAILS AND A FULL MARKETING PACKAGE.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 01/04/2016

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 01/04/2016

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,503 Sq Ft Lot
  • No Common Walls
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Driveway
  • Uncovered Parking

Interior Spaces

  • 2,028 Sq Ft Home
  • Multi-Level Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6346-012-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,503 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 2028
  • Probate: No
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: None
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 290.38

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 2
  • Parking Garage: Driveway, Garage, Garage Is Attached, Uncovered
  • Total Parking: 8

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Water: In Street
  • Water Expense: 1200.00
  • Water Heaters: Yes

Fee Information

  • Maintenance Expense: 1956.00
  • Other Expense: 400.00

Lot Info

  • Assessed Improvement Value: 99283
  • Assessed Land Value: 209020
  • Assessor Parcel Number: 6346-012-016
  • Geocode Override: No
  • Lot Size Area: 6503

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: APT

Tax Info

  • Tax Expense: 7799.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 13, 2016
Sold by
Magdesian Andy
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$588,888
Sold Price
$575,000
Premium/Discount to List
-$13,888
-2.36%
Current Estimated Value
$909,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,198
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jan 16, 2013
Sold by
Magdesian Warham and Magdesian Sonia
Bought by
Magdesian Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2012
Sold by
Magdesian Andy
Bought by
Magdesian Andy and Magdesian Warham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Casilles Theresa and Estate Of Richard A Tarango
Bought by
Magdesian Andy

Purchase Details

Closed on
Jul 25, 2002
Sold by
Flores David R and Flores Sara
Bought by
Flores Gabriel and Flores Zoraya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,870
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1995
Sold by
Sepulveda Mary A
Bought by
Tarango Richard A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Montebello, CA

  • Ashley Kay Real Estate Agent - Re/Max Champions

    Ashley Kay

    Re/Max Champions

    (909) 490-3995

    42 Total Sales

    1 in Montebello

    $825,000 Price

    Ashley Kay
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  • Jesus Zambrano Real Estate Agent - The Mantelli Group

    Jesus Zambrano

    The Mantelli Group

    (949) 577-8077

    25 Total Sales

    1 in Montebello

    $930,000 Price

    Jesus Zambrano
     Section Image
  • Will Beardslee Real Estate Agent - Beardslee Realty

    Will Beardslee

    Beardslee Realty

    (949) 832-6717

    36 Total Sales

    1 in Montebello

    $950,000 Price

    Will Beardslee
     Section Image
  • Armando Arenas Real Estate Agent - GEORGE MICHAEL REALTY

    Armando Arenas

    GEORGE MICHAEL REALTY

    (562) 454-0391

    42 Total Sales

    16 in Montebello

    $510K - $1.6M Price Range

    Armando Arenas
     Section Image
  • Emma Perez Real Estate Agent - Century 21 Cornerstone

    Emma Perez

    Responds Quickly

    Century 21 Cornerstone

    (747) 223-6382

    81 Total Sales

    2 in Montebello

    $820,000 Price Range

    Emma Perez
     Section Image
  • Peggy Lim Real Estate Agent - Real Brokerage Technologies

    Peggy Lim

    Real Brokerage Technologies

    (626) 889-5586

    86 Total Sales

    1 in Montebello

    $800,000 Price

    Peggy Lim
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$575,000 Fidelity National Title Co
Magdesian Andy -- Accommodation
Magdesian Andy -- North American Title Company
Magdesian Andy $295,000 Investors Title Company
Flores Gabriel -- Southland Title
Tarango Richard A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $210,000
Previous Owner Tarango Richard A $325,000
Previous Owner Tarango Richard A $219,900
Previous Owner Tarango Richard A $187,000
Previous Owner Tarango Richard A $150,000
Previous Owner Flores Gabriel $261,870
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $575,000 -2.4% $284 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $588,888 -- $290 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,834 $694,290 $362,238 $332,052
2025 $10,834 $680,678 $355,136 $325,542
2024 $10,330 $667,332 $348,173 $319,159
2023 $10,292 $654,248 $341,347 $312,901
2022 $9,946 $641,420 $334,654 $306,766
2021 $9,586 $628,844 $328,093 $300,751
2020 $9,421 $622,397 $324,729 $297,668
2019 $9,149 $610,194 $318,362 $291,832
2018 $9,270 $598,230 $312,120 $286,110
2016 $5,263 $313,004 $212,207 $100,797
2015 $5,006 $308,303 $209,020 $99,283
2014 $4,951 $302,265 $204,926 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-968541

The MLS

APN: 6346-012-016

California Los Angeles County Montebello 90640

205 N 7th St, Montebello, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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