NOT LISTED FOR SALE

2120 W Victoria Ave Montebello, CA 90640

Estimated Value: $988,000 - $1,770,007

8 Beds
5 Baths
3,913 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $1,200,000 $307 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,963/month

52 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Wall Furnace
  • Park

About This Home

As of December 2019

This is a beautiful 4 Unit property in a wonderful location in North Montebello. No Rent Control!! It features a beautiful front house
(3) Bedroom, (2) Bath with central air-conditioning. Property also offers attached 3 units in the rear which includes a two (2) bedroom, (1) Bath, and a 1
(1) Bedroom, (1) Bath unit, for a total of 4 units. Rents are very low with long time tenants. Each unit is spacious and have their own parking spaces. Fantastic investment or owner-occupant property. Won't last! Excellent property.

Last Agent to Sell the Property

CANDE CEBALLOS

E.B. REALTY License #00855512 Listed on: 07/16/2019

Last Buyer's Agent

Vick Tasmajian

JohnHart Real Estate License #01950844

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,897

Year Built

  • Built in 1961

Lot Details

  • 6,762 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,913 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Wall Furnace
  • 220 Volts For Spa

Listing and Financial Details

  • Tax Lot 168
  • Assessor Parcel Number 5294009019

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $360
  • Gardener Expense $545
  • Insurance Expense $1,420
  • Water Sewer Expense $1,800
  • New Taxes Expense $15,625
  • Operating Expense $19,770
  • Net Operating Income $14,868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,897

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1800.00
  • Zoning: MNR3YY
  • Architectural Style: Mediterranean, Traditional
  • Property Type: Residential Income
  • Gardener Expense: 545.00
  • Parcel Number: 5294009019
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 306.67
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts For Spa
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6762.00
  • Lot Size Acres: 0.1552

Multi Family

  • Fuel Expense: 360.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1420.00
  • Lot Size Area: 6762.0000 Square Feet
  • Net Operating Income: 14868.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 53532.00
  • Rent Control: No
  • Total Actual Rent: 5700.00
  • Total Expenses: 19770.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 5300.06
  • Tax Lot: 168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Baronian Allan
Bought by
Montebello Property Management Llc
Current Estimated Value
$1,383,252

Purchase Details

Listed on
Jul 16, 2019
Closed on
Dec 16, 2019
Sold by
Jerez Llc
Bought by
Baronian Allan
Seller's Agent
CANDE CEBALLOS
E.B. REALTY
Buyer's Agent
Vick Tasmajian
JohnHart Real Estate
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$871,000
Outstanding Balance
$771,210
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$742,558

Purchase Details

Closed on
Mar 6, 2018
Sold by
Ramirez Alicia
Bought by
Jerez Llc

Purchase Details

Closed on
Oct 7, 2011
Sold by
Cieneguence Corporation
Bought by
Ramirez Alicia and Ramirez Bartolo

Purchase Details

Closed on
Dec 7, 2005
Sold by
Ramirez Bartolo
Bought by
Cieneguence Corp

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ramirez Bartolo
Bought by
Ramirez Bartolo and Ramirez Alicia

Purchase Details

Closed on
Mar 8, 1999
Sold by
Kashirsky Tatiana
Bought by
Ramirez Bartolo and Ramirez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.1%
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
Montebello Property Management Llc -- None Available
Baronian Allan $1,200,000 Wfg National Title Company
Jerez Llc -- None Available
Ramirez Alicia -- None Available
Cieneguence Corp -- --
Ramirez Bartolo -- --
Ramirez Bartolo $359,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baronian Allan $871,000
Previous Owner Ramirez Bartolo $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $1,200,000 -4.0% $307 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $1,250,000 -- $319 / 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 $19,897 $1,312,370 $765,550 $546,820
2024 $19,897 $1,286,639 $750,540 $536,099
2023 $19,822 $1,261,412 $735,824 $525,588
2022 $19,156 $1,236,680 $721,397 $515,283
2021 $18,458 $1,212,432 $707,252 $505,180
2020 $18,134 $1,200,000 $700,000 $500,000
2019 $8,729 $504,514 $140,530 $363,984
2018 $8,774 $494,623 $137,775 $356,848
2017 $8,606 $484,925 $135,074 $349,851
2016 $8,415 $475,418 $132,426 $342,992
2015 $8,023 $468,277 $130,437 $337,840
2014 $7,941 $459,105 $127,882 $331,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19168330

California Regional Multiple Listing Service (CRMLS)

APN: 5294-009-019