NOT LISTED FOR SALE

2448 W Repetto Ave Montebello, CA 90640

Estimated Value: $825,285 - $912,000

4 Beds
2 Baths
1,674 Sq Ft
$514/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $580,000 $346 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,553/month

28 Days on Market

Highlights

  • Contemporary Architecture
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of February 2018

Each unit under $300k .... preposterous. You thought it couldn't happen in Los Angeles. This easy to rent duplex in Montebello is perfect for the investor or the first time buyer as FHA financing is a possibility. The interior space was opened for view on Dec. 11. Since this is that time of year, I would describe the duplex as "A tale of two units". One is as dark as the London sky of the 19th century. The tenant wishes privacy and has waived many of the upgrades that were given in the back unit. The tenant has lived in the home for 4 decades (since she was a child.)

The back unit is bright airy and redone. The tenant is disabled and has section 8 housing. His family cares for him and his home and keeps it immaculate. Both tenants are punctual and long lasting which is every investor's dream.

Last Agent to Sell the Property

Frank Ferguson

Keller Williams Realty License #00897608 Listed on: 11/28/2017

Keller Williams Realty

Last Buyer's Agent

Frank Ferguson

Keller Williams Realty License #00897608 Listed on: 11/28/2017

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,001

Year Built

  • Built in 1952

Lot Details

  • 4,840 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Cottage
  • Property Attached
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 43
  • Tax Tract Number 10161
  • Assessor Parcel Number 6343017027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $800
  • Trash Expense $400
  • Water Sewer Expense $1,000
  • New Taxes Expense $2,000
  • Operating Expense $4,800
  • Gross Income $34,800
  • Net Operating Income $2,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,001

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 394500
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: MNR2YY
  • Architectural Style: Contemporary, Cottage
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6343017027
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 346.48
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4840.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 200 Square Feet
  • Electric Expense: 600.00
  • Gross Income: 34800.00
  • Gross Scheduled Income: 2900.00
  • Insurance Expense: 800.00
  • Net Operating Income: 2450.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 450.00
  • Rent Control: No
  • Total Expenses: 4800.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Census Tract: 5302.04
  • Tax Lot: 43
  • Tax Tract Number: 10161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jan 5, 2018
Sold by
Urrea Javier T and Urrea Yolanda O
Bought by
Dzhordzhalyan Gayk H and Aroyan Mary
Seller's Agent
Frank Ferguson
Keller Williams Realty
Buyer's Agent
Frank Ferguson
Keller Williams Realty
List Price
$589,000
Sold Price
$580,000
Premium/Discount to List
-$9,000
-1.53%
Current Estimated Value
$854,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,713
Avg. Annual Appreciation
5.41%
Original Mortgage
$579,000
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Closed on
Feb 10, 2017
Sold by
Urrea Paul T and Urrea Nora A
Bought by
Urrea Paul T and Urrea Nora A

Purchase Details

Closed on
Feb 23, 2011
Sold by
Urrea Paul T and Urrea Nora A
Bought by
Urrea Paul T and Urrea Nora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2009
Sold by
Urrea Paul T and Urrea Nora A
Bought by
Urrea Paul T and Urrea Nora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Jauregui Andy
Bought by
Urrea Paul T and Urrea Nora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2006
Sold by
Jimenez Leticia
Bought by
Jauregui Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 15, 2004
Sold by
Rohrs Anne Marie
Bought by
Jimenez Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1998
Sold by
Rohrs George E
Bought by
Rohrs Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
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
Dzhordzhalyan Gayk H $580,000 First American Title
Urrea Paul T -- None Available
Urrea Paul T -- Lsi Title Company
Urrea Paul T -- None Available
Urrea Paul T $345,000 Fidelity National Title Co
Jauregui Andy $520,000 Commonwealth Land Title Co
Jimenez Leticia $420,000 Ctc
Rohrs Anne Marie -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dzhordzhalyan Gayk $569,189
Closed Dzhordzhalyan Gayk $30,706
Closed Dzhordzhalyan Gayk $589,064
Closed Dzhordzhalyan Gayk H $579,000
Previous Owner Urrea Paul T $261,000
Previous Owner Urrea Paul T $258,000
Previous Owner Jauregui Andy $416,000
Previous Owner Jauregui Andy $104,000
Previous Owner Jimenez Leticia $336,000
Previous Owner Rohrs Anne Marie $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $580,000 -1.5% $346 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $589,000 -- $352 / 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 $10,001 $659,936 $443,752 $216,184
2024 $10,001 $646,997 $435,051 $211,946
2023 $9,964 $634,312 $426,521 $207,791
2022 $9,627 $621,875 $418,158 $203,717
2021 $9,279 $609,682 $409,959 $199,723
2020 $9,116 $603,432 $405,756 $197,676
2019 $6,309 $399,207 $231,425 $167,782
2018 $6,372 $391,381 $226,888 $164,493
2016 $6,114 $376,185 $218,079 $158,106
2015 $5,807 $370,536 $214,804 $155,732
2014 $5,737 $363,279 $210,597 $152,682
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Frank Ferguson

    Keller Williams Realty

    (626) 445-6660

    18 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17266414

California Regional Multiple Listing Service (CRMLS)

APN: 6343-017-027

California Los Angeles County Montebello 90640

2448 W Repetto Ave, Montebello, CA

This home is located at 2448 W Repetto Ave, Montebello, CA 90640 since 28 November 2017 and is currently estimated at $859,821, approximately $513 per square foot. This property was built in 1952. 2448 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.

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.

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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