NOT LISTED FOR SALE

2311 W Repetto Ave Montebello, CA 90640

Estimated Value: $975,000 - $1,001,314

4 Beds
3 Baths
1,921 Sq Ft
$513/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $909,000 $473 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,437/month

30 Days on Market

About This Home

As of January 2024

We are pleased to present 2311 W Repetto Ave in Montebello. This triplex consists of (1) 2-bedroom 1-bathroom unit, and (2) 1-bedroom 1-bathroom units. There is a total of 1,921 sqft of livable space situated on a 5,089 sqft lot located on a cul-de-sac. Each unit has been updated within the last 3-5 years. There are a total of 3 enclosed garage spaces, which each unit gets their own. Tenant’s pay their own electric and gas as they are separately metered. This pride of ownership property has been meticulously maintained and managed.

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 11/03/2023

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770

Last Buyer's Agent

Michael Kwok

Pinnacle Real Estate Group License #01958552

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,825

Year Built

  • Built in 1953

Lot Details

  • 5,091 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,921 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 10161
  • Assessor Parcel Number 6343022039
  • $1,731 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Gardener Expense $1,200
  • Insurance Expense $1,345
  • Maintenance Expense $2,506
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $11,238
  • Operating Expense $18,987
  • Gross Income $62,640
  • Net Operating Income $41,773

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,825

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 299667
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: MNR1YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6343022039
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 473.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5091.00
  • Lot Size Acres: 0.1169

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 62640.00
  • Gross Scheduled Income: 62640.00
  • Insurance Expense: 1345.00
  • Lot Size Area: 5091.0000 Square Feet
  • Maintenance Expense: 2506.00
  • Net Operating Income: 41773.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18987.00
  • Rent Control: Yes
  • Total Expenses: 18987.00

Tax Info

  • New Taxes Expense: 11238.00
  • Tax Census Tract: 5302.04
  • Tax Lot: 26
  • Tax Tract Number: 10161
  • TaxOtherAnnualAssessmentAmount: 1731.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Zheng Xianru and Huang Shih Ting
Bought by
Tq Asset Llc
Current Estimated Value
$985,079

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jan 9, 2024
Sold by
Lucille Klubnikin Trust and Allen W Volkoff Trust
Bought by
Zheng Xianru and Huang Shih Ting
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Michael Kwok
Pinnacle Real Estate Group
List Price
$975,000
Sold Price
$909,000
Premium/Discount to List
-$66,000
-6.77%
Views
210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$427,230
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2014
Sold by
Volkoff Allen
Bought by
Volkoff Allen W and The Allen W Volkoff Trust

Purchase Details

Closed on
Jul 7, 2001
Sold by
Klubnikin Lucille
Bought by
Klubnikin Lucille and The Lucille Klubnikin Trust

Purchase Details

Closed on
Sep 15, 1999
Sold by
Klubnikin Nick A
Bought by
Klubnikin Lucille
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
Tq Asset Llc -- None Listed On Document
Tq Asset Llc -- None Listed On Document
Zheng Xianru $909,000 First American Title
Volkoff Allen W -- Accommodation
Klubnikin Lucille -- --
Klubnikin Lucille -- First American
Klubnikin Lucille -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Xianru $427,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $909,000 +1.1% $473 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
12/02/2023 12/02/23 Price Changed $899,000 -7.8% $468 / Sq Ft
11/03/2023 11/03/23 For Sale $975,000 -- $508 / 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 $12,825 $927,180 $612,000 $315,180
2024 $12,825 $815,174 $533,563 $281,611
2023 $2,793 $73,219 $28,244 $44,975
2022 $2,703 $71,785 $27,691 $44,094
2021 $2,570 $70,379 $27,149 $43,230
2019 $2,379 $68,294 $26,345 $41,949
2018 $2,307 $66,956 $25,829 $41,127
2016 $2,222 $64,358 $24,827 $39,531
2015 $2,162 $63,393 $24,455 $38,938
2014 $2,162 $62,152 $23,976 $38,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23204497

California Regional Multiple Listing Service (CRMLS)

APN: 6343-022-039