NOT LISTED FOR SALE

225 S 4th St Montebello, CA 90640

Estimated Value: $845,000 - $944,000

6 Beds
3 Baths
2,010 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $685,000 $341 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,653/month

141 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Laundry Room
  • Property is near public transit

About This Home

As of March 2021

RARE FIND AT THIS PRICE! Occupy one and rent out the other to help with mortgage or leave the existing tenants and enjoy the extra income.

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 08/18/2020

K.W. EXECUTIVE

Last Buyer's Agent

Jim Reyes

Keller Williams Coastal Prop. License #02010160

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,935 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,010 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 39
  • Tax Tract Number 4227
  • Assessor Parcel Number 6349011021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $520
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,720
  • Operating Expense $11,440
  • Gross Income $49,560
  • Net Operating Income $38,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

5,935 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: MNR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6349011021
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 340.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gated, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5935.00
  • Lot Size Acres: 0.1362

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 49560.00
  • Gross Scheduled Income: 49560.00
  • Insurance Expense: 520.00
  • Lot Size Area: 5935.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 38060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11500.00
  • Rent Control: No
  • Total Expenses: 11440.00

Tax Info

  • New Taxes Expense: 8720.00
  • Tax Census Tract: 5321.01
  • Tax Lot: 39
  • Tax Tract Number: 4227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Franco Roberto
Bought by
Arias Denise
Current Estimated Value
$887,648

Purchase Details

Closed on
Jun 2, 2023
Sold by
Quinto Jasmine Ruth M and Boyles Katrina Dianne
Bought by
Alvarado Andres Arias and Arias Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,147
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2020
Sold by
Galaxy Management Inc
Bought by
Quinto Jasmine Ruth M and Boyles Katrina Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,305
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 10, 2017
Closed on
Mar 12, 2018
Sold by
Franco Delia L
Bought by
Galaxy Management Inc
Seller's Agent
Mercedes Cruz
Berkshire Hathaway Hm Ser
Buyer's Agent
John Santana
JAMIL ALAM, BROKER
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Jan 31, 2005
Sold by
Marquez Joaquin and Marquez Guadalupe
Bought by
Franco Delia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Arias Denise -- Fidelity National Title
Alvarado Andres Arias $820,000 Fidelity National Title
Quinto Jasmine Ruth M $685,000 First American Title Company O
Galaxy Management Inc $550,000 Orange Coast Title Company
Franco Delia L $498,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Andres Arias $805,147
Previous Owner Quinto Jasmine Ruth M $657,305
Previous Owner Franco Delia L $348,600
Closed Franco Delia L $124,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2021 03/04/21 Sold $685,000 0.0% $341 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $685,000 0.0% $341 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $685,000 -1.4% $341 / Sq Ft
09/15/2020 09/15/20 For Sale $695,000 +1.5% $346 / Sq Ft
09/10/2020 09/10/20 Off Market $685,000 -- --
08/18/2020 08/18/20 For Sale $695,000 +26.4% $346 / Sq Ft
04/03/2018 04/03/18 Sold $550,000 0.0% $286 / Sq Ft View Prior Sale
02/10/2018 02/10/18 Pending -- -- --
09/10/2017 09/10/17 For Sale $550,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,407 $836,400 $612,000 $224,400
2024 $12,407 $820,000 $600,000 $220,000
2023 $11,115 $712,674 $504,594 $208,080
2022 $10,742 $698,700 $494,700 $204,000
2021 $8,930 $578,147 $467,774 $110,373
2020 $8,770 $572,220 $462,978 $109,242
2019 $8,520 $561,000 $453,900 $107,100
2018 $9,425 $610,071 $457,557 $152,514
2016 $7,775 $495,000 $371,000 $124,000
2015 $7,008 $460,000 $345,100 $114,900
2014 $6,509 $420,000 $315,100 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20168491

California Regional Multiple Listing Service (CRMLS)

APN: 6349-011-021

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