NOT LISTED FOR SALE

2604 Montrose Ave Montrose, CA 91020

Estimated Value: $1,375,000 - $1,673,705

6 Beds
3 Baths
2,438 Sq Ft
$621/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $960,000 $394 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,243/month

Highlights

  • Attached Carport
  • La Crescenta Elementary School Rated A-
  • Carpet

About This Home

As of January 2016

This is a rare opportunity! Owner is user of 3 units (all 2 bedrooms + 1 bathroom) income property in the heart of Montrose, conveniently located to all facilities & 210/2 freeway access. Near shops, restaurants and blue ribbon school district. 3 separate Gas Meters and coined laundry room with washer & dryer. The laundry room, 3 carport parking spots & 5 available storage are all extra income to the landlord. In all the units, kitchen has been renovated in 2008. Main Line sewer has been replaced on 2014. Bottom unit has a patio Owner is currently paying only for water. Tenant pay all utilities, trash, etc.

Last Agent to Sell the Property

Monika Song

Monika Song, Broker License #01870359 Listed on: 11/19/2015

Last Buyer's Agent

Monika Song

Monika Song, Broker License #01870359 Listed on: 11/19/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,690

Year Built

  • Built in 1958

Lot Details

  • 5,044

Parking

  • Attached Carport
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Additional Features

  • Carpet
  • 5,044 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • Assessor Parcel Number 5610028030

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,690

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR3*
  • Property Type: Residential Income
  • Parcel Number: 5610028030
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Living Room
  • Flooring: Carpet
  • Levels: Two

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Community Structure, Assigned

Lot Info

  • Lot Size Sq Ft: 5044.00

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Laundry Equipment Own Lease: Own
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Kianersi Shahriar
Bought by
Shahriar Kianersi Revocable Trust and Kianersi
Current Estimated Value
$1,513,926

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 11, 2015
Sold by
Dizon Edrich A
Bought by
Kianersi Shahriar
Seller's Agent
Monika Song
Monika Song, Broker
Buyer's Agent
Monika Song
Anderson Ballard Companies
List Price
$960,000
Sold Price
$960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$580,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2004
Sold by
Rustigian Eric and Rustigian Revocable Living Tru
Bought by
Dizon Edrich A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Rustigian Eric R
Bought by
Rustigian Eric and The Rustigian Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Rustigian Eric R
Bought by
Rustigian Eric R and Rustigian Revocable Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2000
Sold by
Rustigian Eric R and Akerley Scott
Bought by
Rustigian Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.21%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Rustigian Eric R
Bought by
Akerley Scott and Akerley Cari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,671
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 1998
Sold by
Macleod Michele M
Bought by
Rustigian Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,671
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1994
Sold by
Macleod Robert J and Macleod Michele M
Bought by
Macleod Michele M
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
Shahriar Kianersi Revocable Trust -- None Listed On Document
Kianersi Shahriar $960,000 Provident Title Company
Dizon Edrich A -- Equity Title Company
Rustigian Eric -- Commerce Title
Rustigian Eric R -- Commerce Title
Rustigian Eric R -- --
Rustigian Eric R -- Old Republic Title Company
Akerley Scott -- --
Rustigian Eric R $200,000 Old Republic Title
Macleod Michele M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kianersi Shahriar $789,950
Previous Owner Kianersi Shahriar $580,000
Previous Owner Dizon Edrich A $473,300
Previous Owner Dizon Edrich A $115,000
Previous Owner Dizon Edrich A $552,000
Previous Owner Rustigian Eric R $250,000
Previous Owner Rustigian Eric R $250,000
Previous Owner Rustigian Eric R $251,800
Previous Owner Rustigian Eric R $253,400
Previous Owner Rustigian Eric R $253,400
Previous Owner Rustigian Eric R $35,001
Previous Owner Rustigian Eric R $15,000
Previous Owner Rustigian Eric R $256,000
Previous Owner Rustigian Eric R $198,671
Closed Rustigian Eric R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2016 01/14/16 Sold $960,000 0.0% $394 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $960,000 -- $394 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $12,690 $1,136,439 $781,303 $355,136
2024 $12,690 $1,114,157 $765,984 $348,173
2023 $12,408 $1,092,312 $750,965 $341,347
2022 $11,874 $1,070,895 $736,241 $334,654
2021 $11,667 $1,049,898 $721,805 $328,093
2020 $11,500 $1,039,133 $714,404 $324,729
2019 $11,219 $1,018,759 $700,397 $318,362
2018 $11,064 $998,784 $686,664 $312,120
2016 $8,961 $812,462 $668,813 $143,649
2015 $8,778 $800,259 $658,767 $141,492
2014 $8,711 $784,584 $645,863 $138,721
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Monika Song

    Monika Song, Broker

    (818) 292-1885

    6 Total Sales

    Monika Song
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315011302

Pasadena-Foothills Association of REALTORS®

APN: 5610-028-030

California Los Angeles County Montrose 91020

2604 Montrose Ave, Montrose, CA

This home is located at 2604 Montrose Ave, Montrose, CA 91020 since 19 November 2015 and is currently estimated at $1,513,926, approximately $620 per square foot. This property was built in 1958. 2604 Montrose Ave is a home located in Los Angeles County with nearby schools including La Crescenta Elementary School, Rosemont Middle School, and Crescenta Valley 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.

Pasadena-Foothills Association of REALTORS® 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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