Peggy Lim
Real Brokerage Technologies
(626) 889-5586
86 Total Sales
1 in Montebello
$800,000 Price
233 N 7th St Montebello, CA 90640
Montebello Area
16
Beds
10
Baths
5,408
Sq Ft
7,819
Sq Ft Lot
About This Home
As of June 2025*$243,000 PRICE IMPROVEMENT* Presenting, 6 Deluxe units in a highly desirable North Montebello location, consisting of spacious 2 and 3 bedroom units, ALL OCCUPIED UNITS. Bring your Exchange Buyers, this is a great exchange upleg-purchase! Situated just North of Whittier Blvd, this investment opportunity yields excellent cash flow with a 6.84% Cap Rate and 10.16 GRM on current rents. The building has a desirable unit mix of (FOUR) 3 bed + 1.75 bath and (TWO) 2 bed + 1 bath units. With many recent capital improvements, some units have been renovated with new paint, windows, floors, shower, vanity and more (check out the interior photos!). Tenants enjoy the convenience of on-site laundry and covered parking. The upper level units have vaulted ceilings. This property is within a short distance to many shops and restaurants on Whittier Blvd. Buyer has the option to Assume the Current CHASE Loan ($916,000) at 3.41% Interest Rate Fixed until 12/2025 or obtain conventional financing. Property is subject to the statewide AB1482 rent ordinance (Currently 8.9%), with no local rent control.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01713570 Listed on: 08/28/2024
Last Buyer's Agent
Remax Commercial and Investment Realty License #01713570 Listed on: 08/28/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 7,819 Sq Ft Lot
Interior Spaces
- 5,408 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 16 Bedrooms
- 10 Bathrooms
Parking
- 6 Parking Spaces
- 6 Covered Spaces
- Covered Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Cable TV Available
Community Details
- 6 Units
- Vacancy Allowance $10,561
Listing and Financial Details
- Assessor Parcel Number 6346-012-022
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
Aug 28, 2024
Closed on
Jun 2, 2025
Sold by
Lola Properties Llc
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$2,388,000
Sold Price
$2,125,000
Premium/Discount to List
-$263,000
-11.01%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,270,000
Outstanding Balance
$1,255,463
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2020
Sold by
233 N 7Th Street Llc
Bought by
Lola Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2015
Sold by
Lola Propeties Llc
Bought by
233 N 7Th Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 22, 2013
Sold by
Cruz Juan A and Cruz Margarita
Bought by
Lola Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 10, 2007
Sold by
Cruz Juan A and Cruz Margarita
Bought by
Cruz Juan A and Cruz Margarita
Purchase Details
Closed on
Oct 6, 2004
Sold by
Sabando Romeo S and The Sabando Family Trust
Bought by
Cruz Juan A and Cruz Margarita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 20, 2002
Sold by
Sabando Romeo S
Bought by
The Romeo S Sabando Revocable Living Tr
Purchase Details
Closed on
Jun 17, 2000
Sold by
Sabando Romeo and Sabando Herminia
Bought by
Sabando Romeo and Sabando Herminia
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Montebello, CA
-
Peggy Lim
-
ZACHARY BLOUNT
ZACHARY BLOUNT
OMEGA REAL ESTATE
(951) 877-5325
42 Total Sales
1 in Montebello
$800,000 Price
-
Michele Steggell
Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
46 Total Sales
2 in Montebello
$895,000 Price Range
-
Carlos Barron
Carlos Barron
T.N.G. Real Estate Consultants
(657) 385-7956
82 Total Sales
1 in Montebello
$950,000 Price
-
Bobejo Kelley
Bobejo Kelley
Keller Williams Premier Prop.
(424) 292-6160
65 Total Sales
1 in Montebello
$1,080,000 Price
-
Anita Wong
Anita Wong
Re/Max Premier Properties
(626) 986-3477
42 Total Sales
3 in Montebello
$651K - $1.1M Price Range
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 |
|---|---|---|---|
| $2,125,000 | Lawyers Title | ||
| Lola Properties Llc | -- | Chicago Title Company | |
| 233 N 7Th Street Llc | -- | Fidelity National Title | |
| Lola Properties Llc | $930,000 | Lawyers Title Company | |
| Cruz Juan A | -- | None Available | |
| Cruz Juan A | $800,000 | First American Title Company | |
| The Romeo S Sabando Revocable Living Tr | -- | -- | |
| Sabando Romeo | -- | -- |
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 | $1,270,000 | ||
| Previous Owner | Lola Properties Llc | $1,000,000 | |
| Previous Owner | 233 N 7Th Street Llc | $500,000 | |
| Previous Owner | Lola Properties Llc | $500,000 | |
| Previous Owner | Cruz Juan A | $510,000 |
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 |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $2,125,000 | -0.9% | $393 / Sq Ft |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | Price Changed | $2,145,000 | -10.2% | $397 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $2,388,000 | -- | $442 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2026 | $17,097 | $2,167,500 | $1,408,620 | $758,880 |
| 2025 | $17,097 | $1,145,216 | $406,364 | $738,852 |
| 2024 | $16,855 | $1,122,762 | $398,397 | $724,365 |
| 2023 | $16,836 | $1,100,748 | $390,586 | $710,162 |
| 2022 | $16,295 | $1,079,166 | $382,928 | $696,238 |
| 2021 | $15,757 | $1,058,007 | $375,420 | $682,587 |
| 2020 | $15,649 | $1,047,159 | $371,571 | $675,588 |
| 2019 | $15,185 | $1,026,628 | $364,286 | $662,342 |
| 2018 | $15,385 | $1,006,499 | $357,144 | $649,355 |
| 2016 | $14,660 | $967,418 | $343,277 | $624,141 |
| 2015 | $13,869 | $952,887 | $338,121 | $614,766 |
| 2014 | $13,693 | $934,222 | $331,498 | $602,724 |
Source: Public Records
Agents Affiliated with this Home
-
Shant Sherbetdjian
Seller's Agent in 2025
Shant Sherbetdjian
RE/MAX
(626) 657-8135
64 Total Sales
Map
Source: The MLS
MLS Number: 24-433013
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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