NOT LISTED FOR SALE

2700 Via Paseo Montebello, CA 90640

16 Beds
12 Baths
8,406 Sq Ft
0.46 Acres

Last Sold January 29, 2019

Last sale price $2,575,000 $306 Per Sq Ft

4 Days on Market

About This Home

As of January 2019

We are pleased to present this One-Of-A-Kind North Montebello Investment Opportunity. A Meticulous Pride of Ownership Property that is for the First Time Offered For Sale in Over 47 Years! Located Directly Adjacent to Monterey Park, this property features an Attractive Unit Mix of Spacious 1 and 2 Bedroom Units. Select Units have 2 Bathrooms, Balcony and City Views. Separately Metered For Gas and Electricity adds value with On-Site Laundry Room. Property sits on a large 20,001 Square Foot R3 Zoned Lot and is Not Subject to Rent Control. Strong In-Place Rents with Realistic Rental Upside of +/- 22%. Tenants enjoy on-site parking, on-site laundry and walks to the Montebello Plaza for Food, Dining, Shopping & Entertainment.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 12/10/2018

Remax Commercial and Investment Realty

Last Buyer's Agent

John Tsukahira

JYK Property Services, Inc License #01305687

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.46

Interior Spaces

  • 8,406 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Parking

  • 10 Parking Spaces
  • Carport

Additional Features

  • 0.46 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5268-030-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8406
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Price Per S Q F T: 315.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool Expense: 2880.00
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 10

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 1200.00
  • Water Expense: 4296.00

Fee Information

  • Gas Expense: 1716.00
  • Insurance Expense: 3362.00
  • Maintenance Expense: 6651.00
  • Other Expense: 2000.00
  • Trash Expense: 4488.00

Lot Info

  • Assessed Improvement Value: 207223
  • Assessed Land Value: 50929
  • Assessor Parcel Number: 5268-030-012
  • Geocode Override: No
  • Lot Size Area: 20001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 15.70
  • Number Of Units: 10
  • Total Annual Expense: 67704
  • Type Of Units: Apartments
  • Vacancy Rate: 1.5%

Tax Info

  • Tax Expense: 38950.00

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

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $2,575,000 -2.8% $306 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/10/2018 12/10/18 For Sale $2,650,000 -- $315 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2019

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    9 in this area

    50 Total Sales

    Shant Sherbetdjian
    Section Image
  • John Tsukahira

    Buyer's Agent in 2019

    John Tsukahira

    JYK Property Services, Inc

    (310) 429-5882

    John Tsukahira
    Section Image
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Map

Source: The MLS

MLS Number: 18-414510

The MLS

California Los Angeles County Montebello 90640

2700 Via Paseo, Montebello, CA

This home is located at 2700 Via Paseo, Montebello, CA 90640 since 10 December 2018. This property was built in 1962. 2700 Via Paseo is a home located in Los Angeles County with nearby schools including Wilcox Elementary School, Eastmont Intermediate School, and Schurr 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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