2229 W Beverly Blvd Montebello, CA 90640
Estimated payment $7,147/month
Highlights
- Traditional Architecture
- Living Room
- Accessible Parking
- No HOA
- Laundry Room
- Central Heating and Cooling System
About This Home
Great Investment Opportunity! In the middle of a desired area of Montebello. 3 units investment property with 4 single car garages. Each Unit has 2 bed 1 bath. Separately metered for gas and electricity, and each unit has washer and dryer hook ups.Long term tenants with rents substantially below market. Well located building that is walking distance to shopping, transportation, and restaurants. Property to be sold with identical 3 unit building next door at 2225 W. Beverly Blvd.Each building is on it's own parcel and have separate APN #'s.
Listing Agent
Greg Rodriguez
Peralta and Associates RE Brokers Brokerage Phone: 626-347-7123 License #01352563 Listed on: 11/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,395
Year Built
- Built in 1956
Lot Details
- 4,750 Sq Ft Lot
- No Common Walls
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Triplex
- Traditional Architecture
- Entry on the 1st floor
- Slab Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 2,974 Sq Ft Home
- 2-Story Property
- Living Room
- Laundry Room
Kitchen
- Gas Oven
- Built-In Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Accessible Parking
- Rain Gutters
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 20699
- Assessor Parcel Number 6343008045
- $735 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Front Yard Maintenance
- 3 Units
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $2,400
- Insurance Expense $5,000
- Professional Management Expense $5,170
- Trash Expense $800
- Water Sewer Expense $4,800
- New Taxes Expense $15,000
- Operating Expense $18,170
- Gross Income $64,627
- Net Operating Income $46,457
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,395 | $1,040,400 | $728,280 | $312,120 |
| 2024 | $14,395 | $1,020,000 | $714,000 | $306,000 |
| 2023 | $14,382 | $1,000,000 | $700,000 | $300,000 |
| 2022 | $11,529 | $798,357 | $479,015 | $319,342 |
| 2021 | $11,143 | $782,704 | $469,623 | $313,081 |
| 2020 | $11,055 | $774,679 | $464,808 | $309,871 |
| 2019 | $10,716 | $759,491 | $455,695 | $303,796 |
| 2018 | $10,895 | $744,600 | $446,760 | $297,840 |
| 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 |
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 | -17.8% | $403 / Sq Ft |
| 08/30/2016 08/30/16 | Sold | $1,460,000 | 0.0% | $245 / Sq Ft |
| 07/14/2016 07/14/16 | Pending | -- | -- | -- |
| 07/06/2016 07/06/16 | For Sale | $1,460,000 | -- | $245 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,000,000 | -- | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $730,000 | Fntg | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $511,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24229746
APN: 6343-008-045
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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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