NOT LISTED FOR SALE

2201 W Olympic Blvd Montebello, CA 90640

Estimated Value: $958,000 - $1,221,000

2 Beds
1 Bath
2,457 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $610,000 $248 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,558/month

39 Days on Market

About This Home

As of October 2016

Great opportunity for owner occupied or for investor owned in south Montebello close to shopping, schools and parks.3 detached Houses on a Lot. . Ideal for a big family. ***The 3 House have 2 bedrooms, 1 full bath each, Great move-in condition. ***. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Gonzalo Gomez

EXCELLENCE RE REAL ESTATE License #01893244 Listed on: 09/11/2016

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Tomas Torres

EXCELLENCE RE REAL ESTATE License #01912083

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,618

Year Built

  • Built in 1946

Lot Details

  • 5,754 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • No Driveway

Home Design

  • 2,457 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 306
  • Tax Tract Number 10083
  • Assessor Parcel Number 6337020022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Gross Income $3,900
  • Net Operating Income $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,618

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: 323-313-4208
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Unpaved
  • Zoning: MNR3*
  • Property Type: Residential Income
  • Parcel Number: 6337020022
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 248.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: No Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5754.00
  • Price Per Lot Square Foot: 112.96

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 3900.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 3900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Other Income Description: Below rental market value(Fam)
  • Rent Control: No

Tax Info

  • Tax Lot: 306
  • Tax Tract Number: 10083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Cai Dening
Bought by
Dening Cai Trust
Current Estimated Value
$1,054,364

Purchase Details

Listed on
Sep 11, 2016
Closed on
Sep 15, 2016
Sold by
Licon Omar and Maria Licon Living Trust
Bought by
Cai Dening and Cai Victoria
Seller's Agent
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Tomas Torres
EXCELLENCE RE REAL ESTATE
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jan 27, 2012
Sold by
Licon Maria
Bought by
Licon Omar and The Maria Licon Living Trust

Purchase Details

Closed on
Jan 10, 2012
Sold by
Licon Omar and The Maria Licon Living Trust
Bought by
Licon Maria

Purchase Details

Closed on
Nov 22, 2005
Sold by
Licon Maria C
Bought by
The Maria Licon Living Trust

Purchase Details

Closed on
Jan 18, 2005
Sold by
Licon Elva
Bought by
Licon Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dening Cai Trust -- --
Cai Dening $610,000 None Available
Licon Omar -- Nations Title Company Of Ca
Licon Maria -- Nations Title Co Of Ca
The Maria Licon Living Trust -- --
Licon Maria C -- American Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Licon Maria C $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $610,000 0.0% $248 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/10/2016 09/10/16 Off Market $610,000 -- --
08/11/2016 08/11/16 For Sale $650,000 -- $265 / 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 $11,618 $707,951 $377,187 $330,764
2024 $11,618 $694,071 $369,792 $324,279
2023 $11,548 $680,463 $362,542 $317,921
2022 $11,159 $667,122 $355,434 $311,688
2021 $10,728 $654,042 $348,465 $305,577
2020 $10,464 $647,336 $344,892 $302,444
2019 $10,179 $634,644 $338,130 $296,514
2018 $10,326 $622,200 $331,500 $290,700
2016 $3,174 $117,642 $43,890 $73,752
2015 $3,075 $115,876 $43,231 $72,645
2014 $3,064 $113,607 $42,385 $71,222
Source: Public Records

Agents Affiliated with this Home

  • Gonzalo Gomez

    Seller's Agent in 2016

    Gonzalo Gomez

    EXCELLENCE RE REAL ESTATE

    (323) 313-4208

    3 in this area

    40 Total Sales

    Gonzalo Gomez
    Section Image
  • Tomas Torres

    Buyer's Agent in 2016

    Tomas Torres

    EXCELLENCE RE REAL ESTATE

    (323) 697-0900

    14 Total Sales

    Tomas Torres
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16178867

California Regional Multiple Listing Service (CRMLS)

APN: 6337-020-022

California Los Angeles County Montebello 90640

2201 W Olympic Blvd, Montebello, CA

This home is located at 2201 W Olympic Blvd, Montebello, CA 90640 since 11 September 2016 and is currently estimated at $1,054,364, approximately $429 per square foot. This property was built in 1946. 2201 W Olympic Blvd is a home located in Los Angeles County with nearby schools including Washington Elementary School, Montebello Intermediate School, and Montebello High School.

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California Regional Multiple Listing Service (CRMLS) 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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