NOT LISTED FOR SALE

229 S 5th St Montebello, CA 90640

Estimated Value: $1,156,000 - $1,462,000

8 Beds
4 Baths
3,042 Sq Ft
$444/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $590,000 $194 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $8,182/month

12 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Parking Storage or Cabinetry
  • Floor Furnace
  • Laundry Room
  • 4 Detached Carport Spaces

About This Home

As of January 2013

Great 4 Unit building in best rental area of Montebello. Below Market Rents! No Rent Control! All units are 760 SQFT, 2 bedrooms and 1 Bath. Extra Income from Laundry Room – Washer & Dryer included. Large Lot with 4 covered parking spaces + storage units. Standard Sale!

Last Agent to Sell the Property

Eddie Bernard

Eddie Bernard Realty License #00856512 Listed on: 01/04/2013

Co-Listed By

Tina Cossak

Eddie Bernard Realty License #00951942

Last Buyer's Agent

Eddie Bernard

Eddie Bernard Realty License #00856512 Listed on: 01/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,519

Year Built

  • Built in 1960

Lot Details

  • 6,210 Sq Ft Lot
  • Lot Dimensions are 135 x 46
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 29
  • Assessor Parcel Number 6349010031

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $600
  • Insurance Expense $1,400
  • Maintenance Expense $1,490
  • Supplies Expense $147
  • Trash Expense $969
  • Water Sewer Expense $1,300
  • New Taxes Expense $6,844
  • Gross Income $5,270
  • Net Operating Income $45,833

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,519

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Washer and Dryer.
  • Property Attached: Yes
  • Supplies Expense: 147.00
  • Water Sewer Expenses: 1300.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6349010031
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 193.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Concrete, Built-In Storage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Trash Expense: 969.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 135 x 46
  • Lot Size Sq Ft: 6210.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 760
  • Electric Expense: 420.00
  • Gross Income: 5270.00
  • Gross Multiplier: 9.41
  • Gross Scheduled Income: 63240.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6210.0000 Square Feet
  • Maintenance Expense: 1490.00
  • Net Operating Income: 45833.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Operating Expense: 14245.00
  • Rent Control: No
  • Total Actual Rent: 3875.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6844.00
  • Tax Lot: 29
  • Tax Tract Number: 0000
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2014
Sold by
Karapetyan Avelina
Bought by
Antale Property Holding Llc
Current Estimated Value
$1,351,022

Purchase Details

Closed on
Jan 30, 2014
Sold by
Karapetyan Evelina
Bought by
Karapetyan Evelina

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jan 22, 2013
Sold by
Parocua Benta Palad
Bought by
Parocua Robert C
Seller's Agent
Eddie Bernard
Eddie Bernard Realty
Buyer's Agent
Eddie Bernard
Eddie Bernard Realty
List Price
$584,950
Sold Price
$590,000
Premium/Discount to List
$5,050
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jan 17, 2013
Sold by
Lew Gene A
Bought by
Karapetyan Evelina and Movsesyan Volodia
Seller's Agent
Eddie Bernard
Eddie Bernard Realty
Buyer's Agent
Eddie Bernard
Eddie Bernard Realty
List Price
$584,950
Sold Price
$590,000
Premium/Discount to List
$5,050
0.86%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Lew Gene A
Bought by
Lew Gene A and Lew Genevieve H

Purchase Details

Closed on
Jun 25, 2004
Sold by
Parocua Robert C
Bought by
Parocua Robert C and Lew Gene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1998
Sold by
Parocua Robert C
Bought by
Parocua Robert C

Purchase Details

Closed on
Aug 11, 1993
Sold by
Lew Gene A
Bought by
Lew Gene A and Lew Genevieve H
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 Buyer Sale Price Title Company
Antale Property Holding Llc -- None Available
Karapetyan Evelina -- None Available
Parocua Robert C -- None Available
Karapetyan Evelina $590,000 Fidelity National Title Co
Lew Gene A -- None Available
Parocua Robert C -- Orange Coast Title
Parocua Robert C -- --
Lew Gene A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parocua Robert C $163,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $590,000 +0.9% $194 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $584,950 -- $192 / 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 $10,519 $726,533 $246,282 $480,251
2024 $10,519 $712,288 $241,453 $470,835
2023 $10,506 $698,322 $236,719 $461,603
2022 $10,161 $684,630 $232,078 $452,552
2021 $9,822 $671,207 $227,528 $443,679
2019 $9,452 $651,300 $220,780 $430,520
2018 $9,557 $638,530 $216,451 $422,079
2016 $8,665 $613,737 $208,047 $405,690
2015 $8,174 $604,519 $204,922 $399,597
2014 $8,045 $592,678 $200,908 $391,770
Source: Public Records

Agents Affiliated with this Home

  • Eddie Bernard

    Seller's Agent in 2013

    Eddie Bernard

    Eddie Bernard Realty

    (818) 708-1477

    69 Total Sales

    Eddie Bernard
    Section Image
  • Tina Cossak

    Seller Co-Listing Agent in 2013

    Tina Cossak

    Eddie Bernard Realty

    (818) 708-1477

    63 Total Sales

    Tina Cossak
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13001178

California Regional Multiple Listing Service (CRMLS)

APN: 6349-010-031

California Los Angeles County Montebello 90640

229 S 5th St, Montebello, CA

This home is located at 229 S 5th St, Montebello, CA 90640 since 04 January 2013 and is currently estimated at $1,351,022, approximately $444 per square foot. This property was built in 1960. 229 S 5th St is a home located in Los Angeles County with nearby schools including Fremont Elementary School, La Merced Intermediate School, and Montebello High School.

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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