NOT LISTED FOR SALE

227 S 5th St Montebello, CA 90640

Montebello Area

Estimated Value: $1,206,000 - $1,469,165

8 Beds
5 Baths
3,473 Sq Ft
$397/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2020

Last sale price $1,099,000 $316 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,915 / mo

10 Days on Market

About This Home

As of August 2020

Great fourplex in the City of Montebello. All four units include 2 bedrooms and 1 bath with their own individual carport. The units are kept clean, maintain, and well taken care of. Ideally for a great return on your investment. Long term tenants. Located in near shopping, school, parks and 5, 60, and 605 freeways

Last Agent to Sell the Property

Fernando Ceretti

Coldwell Banker Envision License #01398211 Listed on: 06/25/2020

Coldwell Banker Envision

Last Buyer's Agent

Fernando Ceretti

Coldwell Banker Envision License #01398211 Listed on: 06/25/2020

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,214 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 3,473 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 29
  • Tax Tract Number 29
  • Assessor Parcel Number 6349010032

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,780
  • Gardener Expense $420
  • Insurance Expense $2,400
  • Water Sewer Expense $3,900
  • New Taxes Expense $13,750
  • Operating Expense $22,250
  • Gross Income $5,714
  • Net Operating Income $12,438

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

6,214 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3900.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 6349010032
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 316.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6214.00
  • Lot Size Acres: 0.1427

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Fuel Expense: 1780.00
  • Gross Income: 5714.00
  • Gross Scheduled Income: 68568.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6214.0000 Square Feet
  • Net Operating Income: 12438.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22250.00
  • Rent Control: No
  • Total Actual Rent: 5714.00
  • Total Expenses: 22250.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 29
  • Tax Tract Number: 29

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 10, 2020
Sold by
Bought by
Seller's Agent
Fernando Ceretti
Coldwell Banker Envision
Buyer's Agent
Fernando Ceretti
Coldwell Banker Envision
List Price
$1,099,000
Sold Price
$1,099,000
Current Estimated Value
$1,378,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,041
Avg. Annual Appreciation
3.87%
Original Mortgage
$879,200
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0355%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
0.0435%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
0.0435%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,099,000 Wfg Title Company
-- None Available
$600,000 Itc
-- Lawyers Title
-- Lawyers Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $879,200
Previous Owner $400,000
Previous Owner $24,000
Previous Owner $440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2020 08/10/20 Sold $1,099,000 0.0% $316 / Sq Ft
06/25/2020 06/25/20 For Sale $1,099,000 +87.9% $316 / Sq Ft
09/19/2012 09/19/12 Sold $585,000 0.0% $172 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $585,000 -- $172 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,881 $1,189,591 $541,216 $648,375
2024 $16,667 $1,166,266 $530,604 $635,662
2023 $16,652 $1,143,399 $520,200 $623,199
2022 $16,098 $1,120,980 $510,000 $610,980
2021 $15,561 $1,099,000 $500,000 $599,000
2020 $9,922 $675,587 $225,195 $450,392
2019 $9,623 $662,341 $220,780 $441,561
2018 $9,732 $649,354 $216,451 $432,903
2016 $9,292 $624,141 $208,047 $416,094
2015 $8,781 $614,766 $204,922 $409,844
2014 $8,668 $602,724 $200,908 $401,816
Source: Public Records

Agents Affiliated with this Home

  • Fernando Ceretti

    Seller's Agent in 2020

    Fernando Ceretti

    Coldwell Banker Envision

    (562) 307-1166

    22 Total Sales

    Fernando Ceretti
    Section Image

  • O

    Seller's Agent in 2012

    OLIVIA LAMARQUE

    DOMINIUM REAL ESTATE

  • P

    Buyer's Agent in 2012

    Paul Aguilar

    UNITED BROKERS REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20121056

California Regional Multiple Listing Service (CRMLS)

APN: 6349-010-032

California Los Angeles County Montebello 90640

227 S 5th St, Montebello, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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