NOT LISTED FOR SALE

2432 W Repetto Ave Montebello, CA 90640

Estimated Value: $738,014 - $788,000

1 Bed
1 Bath
1,372 Sq Ft
$552/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $735,000 $536 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,071/month

29 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2024

Long time owners! First time on the market since 1950!! Rare side by side DUPLEX opportunity (4 units total)! SELLER PREFERS TO SELL BOTH PROPERTIES TOGETHER. 2432 W Repetto Ave (APN: 6343-017-023) and 2436 W Repetto Ave (APN: 6343-017-024). Asking price for BOTH properties: $1,450,000. Unit are all separately metered for electricity and gas. Owner pays for water, sewer, trash and gardening. Each unit has their own detached single car garage. Roof has been recently been replaced. May 2018 (2432 W Repetto) and July 2017 (2436 W Repetto). Properties have laundry hook ups, gas heaters in living room, recent kitchen upgrades (cabinets and countertops). 1.3 miles away from Montebello/Commerce Metrolink Station. 1.8 miles away from Montebello Country Club. 2.3 miles away from Citadel Outlets. Easy access to 60 FWY, 5 FWY, and 710 FWY.

Last Listed By

DONALD LA

KW Executive Brokerage Phone: 626-824-8853 License #01928418 Listed on: 01/25/2024

KW Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,437

Year Built

  • Built in 1950

Lot Details

  • 5,042 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,372 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 10161
  • Assessor Parcel Number 6343017023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $650
  • Trash Expense $1,800
  • New Taxes Expense $9,964
  • Operating Expense $13,314
  • Gross Income $30,000
  • Net Operating Income $16,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,437

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 362500
  • Property Attached: Yes
  • Zoning: MNR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6343017023
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 535.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5042.00
  • Lot Size Acres: 0.1157

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5042.0000 Square Feet
  • Net Operating Income: 16686.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13314.00
  • Rent Control: No
  • Total Expenses: 13314.00

Tax Info

  • New Taxes Expense: 9964.00
  • Tax Census Tract: 5302.04
  • Tax Lot: 39
  • Tax Tract Number: 10161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 5, 2024
Sold by
Dick Family Trust and Dixon Gary Edgar
Bought by
Ruiz Julio Cesar
Seller's Agent
DONALD LA
KW Executive
Buyer's Agent
FELIX LOPEZ
Century 21 Primetime Realtors
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Total Days on Market
29
Views
48
Current Estimated Value
$757,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,754
Avg. Annual Appreciation
2.89%
Original Mortgage
$551,250
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 22, 2004
Sold by
Dick Gladyse Kathryn and Dick Family Trust
Bought by
Dick Gladyse Kathryn and Trust B Of The Dick Family Trust

Range of Values:

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Average Value
Not Available
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
Ruiz Julio Cesar $735,000 Stewart Title Of California In
Dick Gladyse Kathryn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ruiz Julio Cesar $551,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $735,000 +1.4% $536 / Sq Ft
01/25/2024 01/25/24 For Sale $725,000 -- $528 / 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
2024 $10,437 $680,000 $550,000 $130,000
2023 $2,098 $62,620 $30,602 $32,018
2022 $2,030 $61,393 $30,002 $31,391
2021 $1,934 $60,190 $29,414 $30,776
2020 $1,830 $59,574 $29,113 $30,461
2019 $1,799 $58,407 $28,543 $29,864
2018 $1,723 $57,263 $27,984 $29,279
2016 $1,657 $55,042 $26,899 $28,143
2015 $1,607 $54,216 $26,495 $27,721
2014 $1,605 $53,154 $25,976 $27,178
Source: Public Records

Agents Affiliated with this Home

  • DONALD LA

    Seller's Agent in 2024

    DONALD LA

    KW Executive

    (626) 824-8853

    3 in this area

    57 Total Sales

    DONALD LA
    Section Image
  • FELIX LOPEZ

    Buyer's Agent in 2024

    FELIX LOPEZ

    Century 21 Primetime Realtors

    (323) 707-5240

    4 in this area

    92 Total Sales

    FELIX LOPEZ
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24014383

California Regional Multiple Listing Service (CRMLS)

APN: 6343-017-023

California Los Angeles County Montebello 90640

2432 W Repetto Ave, Montebello, CA

Homes for Sale in Montebello, CA

This home is located at 2432 W Repetto Ave, Montebello, CA 90640 since 25 January 2024 and is currently estimated at $757,754, approximately $552 per square foot. This property was built in 1950. 2432 W Repetto Ave is a home located in Los Angeles County with nearby schools including Wilcox Elementary School, Montebello Intermediate School, and Montebello High School.

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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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