$730,000
SOLD AUG 30, 2016

2225 W Beverly Blvd Montebello, CA 90640

6 Beds
3 Baths
2,974 Sq Ft
4,723 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

8 Days on Market

About This Home

As of August 2016

Great Investment Opportunity! Well maintained 3 unit investment property with 4 single car garages. Separately metered for gas and electricity, and each unit has washer and dryer hook ups. (1) 2bd/1.5bth, (2) 2bd/1bth units. Same owners for over 30 years. Long term tenants with rents substantially below market. Last 2bd/1bth unit was rented for $1,600 per month. Well located building that is walking distance to shopping, transportation, and restaurants. Property to be sold with identical 3 unit building next door at 2229 W. Beverly Blvd. Total List price for both buildings is $1,460,000. Each building is on it's own parcel and have separate APN #'s. Buyer can put 30 yr fixed financing on each building.

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 07/06/2016

Last Buyer's Agent

Polly Wong

Premier Investors Real Estate License #01325737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,492

Year Built

  • Built in 1956

Lot Details

  • 4,723 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • 2,974 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 20699
  • Assessor Parcel Number 6343008046

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,492

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 6343008046
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 245.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4723.00
  • Price Per Lot Square Foot: 154.56

Multi Family

  • Average2 Bed Area: 1000
  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4100.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 20699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Mauo Investments Llc
Bought by
Frank J Alderete Living Trust and Alderete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2022
Sold by
Hideo Nagao Bryan
Bought by
Mauo Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2019
Sold by
Nagao Bryan Hideo and Fong Nagao Beverly
Bought by
Mauo Investments Llc

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 25, 2016
Sold by
Gallardo Lorraine
Bought by
Nagao Bryan Hideo and Nagao Beverly Fong
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Polly Wong
Premier Investors Real Estate
List Price
$730,000
Sold Price
$730,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$511,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $2,000,000 Western Resources Title
Grant Deed -- --
Grant Deed -- Accommodation
Grant Deed $730,000 Fntg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $511,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $1,100,000 -8.3% $370 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
11/09/2024 11/09/24 For Sale $1,200,000 +64.4% $403 / Sq Ft
08/30/2016 08/30/16 Sold $730,000 0.0% $245 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $730,000 -- $245 / 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 $14,492 $1,040,400 $728,280 $312,120
2024 $14,492 $1,020,000 $714,000 $306,000
2023 $14,480 $1,000,000 $700,000 $300,000
2022 $11,531 $798,357 $479,015 $319,342
2021 $11,145 $782,704 $469,623 $313,081
2020 $11,057 $774,679 $464,808 $309,871
2019 $10,718 $759,491 $455,695 $303,796
2018 $10,895 $744,600 $446,760 $297,840
2017 $10,650 $730,000 $438,000 $292,000
2016 $1,635 $81,507 $16,500 $65,007
2015 $1,561 $80,284 $16,253 $64,031
2014 $1,557 $78,712 $15,935 $62,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16146874

California Regional Multiple Listing Service (CRMLS)

APN: 6343-008-046