NOT LISTED FOR SALE

240 E Fremont Square Montebello, CA 90640

Estimated Value: $833,024 - $929,000

3 Beds
2 Baths
2,111 Sq Ft
$418/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $449,000 $213 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,371/month

10 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Neighborhood Views
  • Traditional Architecture
  • No HOA
  • Cul-De-Sac

About This Home

As of December 2014

Bread and butter triplex on cul de sac minutes from retail amenities, close to Los Angeles center. Three attached units consist of two one bedroom and one two bedroom, hardwood floors, fireplaces, plenty of off street parking with three garage spaces. Sold as is, no warranties, no repairs. One unit currently vacant

Last Agent to Sell the Property

Thomas Davis

Coldwell Banker Realty License #00819361 Listed on: 11/11/2014

Coldwell Banker Realty

Last Buyer's Agent

Thomas Davis

Coldwell Banker Realty License #00819361 Listed on: 11/11/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,112 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 2,111 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Casement Windows
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 24004
  • Assessor Parcel Number 6347008008

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $712
  • Trash Expense $300
  • Water Sewer Expense $372
  • New Taxes Expense $5,612
  • Gross Income $1,555
  • Net Operating Income $11,664

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 372.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6347008008
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Gas Starter, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 212.70
  • Room Type: Living Room
  • Window Features: Casement Windows

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Asphalt, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Range Hood, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Level, Lot 6500-9999, Level with Street, Paved
  • Lot Size Sq Ft: 6112.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 800
  • Gross Income: 1555.00
  • Gross Scheduled Income: 18660.00
  • Insurance Expense: 712.00
  • Lot Size Area: 6112.0000 Square Feet
  • Net Operating Income: 11664.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 6996.00
  • Rent Control: No
  • Total Actual Rent: 1555.00

Tax Info

  • New Taxes Expense: 5612.00
  • Tax Area: 6330
  • Tax Lot: 1
  • Tax Tract Number: 24004
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2015
Sold by
Bazinyan Akop
Bought by
Armac Llc
Current Estimated Value
$881,506

Purchase Details

Listed on
Nov 11, 2014
Closed on
Nov 24, 2014
Sold by
Cano Victor M
Bought by
Bazinyan Akop and Sagatelyan Narine
Seller's Agent
Thomas Davis
Coldwell Banker Realty
Buyer's Agent
Thomas Davis
Coldwell Banker Realty
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Aug 21, 1997
Sold by
Cano Victor M
Bought by
Cano Victor M and Cano Rachel G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armac Llc -- None Available
Bazinyan Akop $449,000 First American Title Company
Cano Victor M -- --
Cano Victor M -- --
Cano Victor M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $449,000 0.0% $213 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
11/10/2014 11/10/14 For Sale $449,000 -- $213 / 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 $9,135 $539,621 $360,551 $179,070
2024 $9,135 $529,041 $353,482 $175,559
2023 $8,965 $518,668 $346,551 $172,117
2022 $8,666 $508,499 $339,756 $168,743
2021 $8,336 $498,530 $333,095 $165,435
2019 $7,918 $483,745 $323,216 $160,529
2018 $7,975 $474,261 $316,879 $157,382
2016 $7,659 $455,847 $304,575 $151,272
2015 $7,286 $449,000 $300,000 $149,000
2014 $4,365 $226,622 $86,184 $140,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14239766

California Regional Multiple Listing Service (CRMLS)

APN: 6347-008-008