NOT LISTED FOR SALE

2456 W Via Acosta Unit 1 Montebello, CA 90640

Estimated Value: $814,000 - $865,000

3 Beds
2 Baths
1,450 Sq Ft
$572/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $650,000 $448 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,463/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Galley Kitchen
  • Traditional Architecture
  • Beamed Ceilings
  • Double Pane Windows

About This Home

As of December 2020

Investment opportunity as there are tenants in property month to month. ..... Beautiful single story home in a wonderful neighborhood of North Montebello featuring 3 beds and 2 baths with hardwood floors and laminate floors throughout. This home offers a very spacious floor plan with the family and living rooms separated by the galley kitchen to allow for more privacy. The bright family room has beautiful wood beam ceilings and overlooks the backyard... a great space to relax and enjoy time with family. Energy efficient air conditioning and heating units were recently installed. Dual pane windows throughout most of the home, Copper plumbing, fresh interior paint, sprinkler system in front yard, indoor laundry for your convenience. Two car detached garage with built in cabinets and shelves for additional storage. Long driveway and possible RV or boat parking. Conveniently located to Shops at Montebello, 60 FWY, restaurants and retail shops, Golf Course and schools.

Last Agent to Sell the Property

Missy Book

Circa Properties, Inc. License #01854115 Listed on: 11/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,142

Year Built

  • Built in 1948

Lot Details

  • 4,942 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Asbestos Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Galley Kitchen

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Suburban Location

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $511
  • New Taxes Expense $9,375
  • Operating Expense $9,886
  • Gross Income $33,000
  • Net Operating Income $23,114

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, trash collection, water
  • Tax Lot 20
  • Tax Tract Number 10454
  • Assessor Parcel Number 5268020007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,142

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-842-6124
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5268020007
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Copper Plumbing Full
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Wood
  • Levels: One
  • Price Per Square Foot: 448.28
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Main Floor Bedroom, Master Bathroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, ENERGY STAR Qualified Equipment
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 4942.00
  • Lot Size Acres: 0.1135

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection, Water

Multi Family

  • Gross Income: 33000.00
  • Gross Operating Income: 23114.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 511.00
  • Lot Size Area: 4942.0000 Square Feet
  • Net Operating Income: 23114.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 9886.00
  • Rent Control: No
  • Total Actual Rent: 1.00
  • Total Expenses: 9886.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 20
  • Tax Tract Number: 10454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 3, 2020
Sold by
Divacon Development Corporation
Bought by
Chacon Carlos M and Chacon Irma T
Seller's Agent
Missy Book
Circa Properties, Inc.
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$828,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,983
Avg. Annual Appreciation
4.99%
Original Mortgage
$610,000
Outstanding Balance
$550,192
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,775

Purchase Details

Closed on
Oct 25, 2018
Sold by
Escarsega Edward R and Kitagawa Satsuki
Bought by
Divacon Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2014
Sold by
Founten Isodore A
Bought by
Escarsega Edward R and Kitagawa Satsuki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,950
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Founten Norma
Bought by
Founten Norma and Founten Isidore A

Purchase Details

Closed on
Jun 17, 1997
Sold by
Founten Isidore A
Bought by
Founten Isidore A and Founten Norma
Source: Public Records

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Range of Values:

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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
Chacon Carlos M $650,000 Fidelity National Title Co
Divacon Development Corp $520,000 Fidelity National Title Comp
Escarsega Edward R $385,000 Title 365
Founten Norma -- None Available
Founten Isidore A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Carlos M $610,000
Previous Owner Divacon Development Corp $290,000
Previous Owner Escarsega Edward R $333,600
Previous Owner Escarsega Edward R $334,950
Previous Owner Founten Isidore A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $650,000 +4.0% $448 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $625,000 -- $431 / 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 $10,142 $689,783 $523,917 $165,866
2023 $10,120 $676,259 $513,645 $162,614
2022 $9,779 $663,000 $503,574 $159,426
2021 $9,441 $650,000 $493,700 $156,300
2020 $7,810 $530,400 $424,320 $106,080
2019 $7,578 $520,000 $416,000 $104,000
2018 $6,246 $406,660 $325,329 $81,331
2016 $5,984 $390,871 $312,697 $78,174
2015 $5,667 $385,000 $308,000 $77,000
2014 $1,254 $58,190 $20,496 $37,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20231554

California Regional Multiple Listing Service (CRMLS)

APN: 5268-020-007