NOT LISTED FOR SALE

2612 W Via Corona Montebello, CA 90640

Estimated Value: $988,000 - $1,277,352

4 Beds
3 Baths
3,181 Sq Ft
$354/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $855,000 $269 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,086/month

66 Days on Market

About This Home

As of July 2018

*Excellent Unit Mix of 3-Bedroom & 1-Bedroom Units, *100% Occupied with Rental Upside, *Garage Parking, *Great Rental Area in Northern Montebello

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 03/12/2018

Last Buyer's Agent

Cloe Learn

SilverStone Property Management License #01318605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,346

Year Built

  • Built in 1958

Lot Details

  • 4,962 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Interior Spaces

  • 3,181 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 269
  • Tax Tract Number 8502
  • Assessor Parcel Number 6343005028

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Other Expense $2,000
  • New Taxes Expense $11,250
  • Operating Expense $18,310
  • Gross Income $57,909
  • Net Operating Income $39,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,346

Year Built

Built in 1958

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.40
  • Other Phone Description: Office Phone
  • Other Phone Number: 9492518800
  • Property Attached: No
  • Zoning: MNR3YY
  • Property Type: Residential Income
  • Parcel Number: 6343005028
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 268.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4962.00

Multi Family

  • Gross Multiplier: 15.08
  • Gross Operating Income: 57909.00
  • Gross Scheduled Income: 59700.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 39599.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18310.00
  • Operating Expense Percent: 30.70
  • Other Expense: 2000.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 18310.00
  • Vacancy Allowance: 1791
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Census Tract: 5302.04
  • Tax Lot: 269
  • Tax Tract Number: 8502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 6, 2018
Sold by
Martin Fausto L and Martin Veronica Ismael
Bought by
Learn Cloe and Yee Zeke Zon
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
Cloe Learn
SilverStone Property Management
List Price
$900,000
Sold Price
$855,000
Premium/Discount to List
-$45,000
-5%
Current Estimated Value
$1,126,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,838
Avg. Annual Appreciation
4.47%
Original Mortgage
$344,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2015
Sold by
Martin Fausto L and Martin Veronica I
Bought by
The Martin Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 19, 2012
Sold by
Rodriguez Rudy
Bought by
Martin Fausto L and Martin Veronica I
Seller's Agent
Rudy Rodriguez
GEORGE MICHAEL REALTY
Buyer's Agent
Lidia Kondratuk
GEORGE MICHAEL REALTY
List Price
$524,900
Sold Price
$525,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Nov 6, 2001
Sold by
Baca Euplio Rodolfo and Baca Family Trust
Bought by
Rodriguez Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.51%

Purchase Details

Closed on
Jun 26, 1996
Sold by
Baca Euplio R and Baca Blossom B
Bought by
Baca Euplio Rodolfo and Baca Blossom Barbara
Source: Public Records

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
Learn Cloe $855,000 Chicago Title
The Martin Family Trust -- Progressive Title Company
Martin Fausto L $525,000 Title 365
Rodriguez Rudy $355,000 Landsafe Title
Baca Euplio Rodolfo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Learn Cloe $344,000
Previous Owner The Martin Family Trust $300,000
Previous Owner Rodriguez Rudy $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $855,000 -5.0% $269 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $900,000 +71.4% $283 / Sq Ft
10/24/2012 10/24/12 Sold $525,000 0.0% $165 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $524,900 -- $165 / 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 $13,346 $953,763 $557,756 $396,007
2024 $13,346 $935,063 $546,820 $388,243
2023 $13,335 $916,730 $536,099 $380,631
2022 $12,889 $898,756 $525,588 $373,168
2021 $12,456 $881,134 $515,283 $365,851
2019 $11,976 $855,000 $500,000 $355,000
2018 $8,462 $568,183 $270,564 $297,619
2016 $8,077 $546,121 $260,058 $286,063
2015 $7,631 $537,919 $256,152 $281,767
2014 $7,531 $527,383 $251,135 $276,248
Source: Public Records

Agents Affiliated with this Home

  • Doug Rodermund

    Seller's Agent in 2018

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    26 Total Sales

    Doug Rodermund
    Section Image

  • C

    Buyer's Agent in 2018

    Cloe Learn

    SilverStone Property Management

  • Rudy Rodriguez

    Seller's Agent in 2012

    Rudy Rodriguez

    GEORGE MICHAEL REALTY

    (323) 646-2100

    3 in this area

    12 Total Sales

    Rudy Rodriguez
    Section Image
  • Lidia Kondratuk

    Buyer's Agent in 2012

    Lidia Kondratuk

    GEORGE MICHAEL REALTY

    (704) 451-1217

    52 Total Sales

    Lidia Kondratuk
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18057029

California Regional Multiple Listing Service (CRMLS)

APN: 6343-005-028

California Los Angeles County Montebello 90640

2612 W Via Corona, Montebello, CA

This home is located at 2612 W Via Corona, Montebello, CA 90640 since 12 March 2018 and is currently estimated at $1,126,838, approximately $354 per square foot. This property was built in 1958. 2612 W Via Corona 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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