NOT LISTED FOR SALE

2311 W Beverly Blvd Montebello, CA 90640

Estimated Value: $1,027,000 - $1,312,721

3 Beds
2 Baths
2,871 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $505,000 $176 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,200/month

299 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Turnkey
  • Wall Furnace
  • Laundry Room
  • Carpet

About This Home

As of August 2012

PRICE REDUCTION!!! This is a STANDARD sale; immediate reply to offers, no delays in closing. This is a much sought after North Montebello 4-plex. Ideal location for shopping, transportation, restaurants etc. These units are in the heart of Montebello. The building consists of a large 2 BR w/ large balcony and 3 large 1 BR units with family kitchen and back door to small patio area. Adjacent, mirror image property (also for sale) shares a common entry gate and walkway with this property. Each unit has it's own enclosed garage with alley access.

Last Agent to Sell the Property

OLIVIA LAMARQUE

DOMINIUM REAL ESTATE License #00689727 Listed on: 09/01/2011

Last Buyer's Agent

Jesus Herrera

PLAZA NUEVA REALTY License #00885356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,071

Year Built

  • Built in 1958

Lot Details

  • 4,792

Parking

  • 4 Car Garage

Home Design

  • Turnkey
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,871 Sq Ft Home
  • Carpet
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 20699
  • Assessor Parcel Number 6343008043

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Gardener Expense $480
  • Trash Expense $1,776
  • Water Sewer Expense $1,062
  • Gross Income $4,000
  • Net Operating Income $44,622

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,071

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: new office
  • Other Phone Number: 562-698-6558
  • View: No
  • Water Sewer Expenses: 1062.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6343008043
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 175.90

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1776.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Net Operating Income: 44622.00
  • 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: 3378.00
  • Other Income Description: laundry room income
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 20699
  • Tax Year: 2008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2022
Sold by
Conrado Herrera
Bought by
Prope Conrado Herrera Separate
Current Estimated Value
$1,176,930

Purchase Details

Listed on
Sep 1, 2011
Closed on
Jun 28, 2012
Sold by
Barbarena Gabriela and Gabriela Barbarena 2008 Family
Bought by
Herrera Conrado
Seller's Agent
OLIVIA LAMARQUE
DOMINIUM REAL ESTATE
Buyer's Agent
Jesus Herrera
PLAZA NUEVA REALTY
List Price
$596,000
Sold Price
$505,000
Premium/Discount to List
-$91,000
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Barbarena Gabriela
Bought by
Barbarena Gabriela and Gabriela Barbarena 2008 Family Trust

Purchase Details

Closed on
May 5, 2003
Sold by
Maldonado Ricardo
Bought by
Barbarena Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Prope Conrado Herrera Separate -- Tredway Lumsdaine & Doyle Llp
Herrera Conrado $505,000 Fidelity National Title Co
Barbarena Gabriela -- None Available
Barbarena Gabriela $405,000 Investors Title Company
Barbarena Gabriela $405,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Conrado $500,000
Previous Owner Herrera Conrado $378,750
Previous Owner Barbarena Gabriela $344,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $505,000 -15.3% $176 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $596,000 -- $208 / 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 $9,071 $621,857 $394,049 $227,808
2024 $9,071 $609,665 $386,323 $223,342
2023 $9,058 $597,712 $378,749 $218,963
2022 $8,761 $585,993 $371,323 $214,670
2021 $8,467 $574,504 $364,043 $210,461
2019 $8,148 $557,466 $353,247 $204,219
2018 $8,257 $546,536 $346,321 $200,215
2016 $7,884 $525,316 $332,874 $192,442
2015 $7,452 $517,426 $327,874 $189,552
2014 $7,360 $507,291 $321,452 $185,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M11115830

California Regional Multiple Listing Service (CRMLS)

APN: 6343-008-043