2721 Via Paseo Montebello, CA 90640
Estimated Value: $1,335,000 - $1,806,000
9
Beds
5
Baths
4,000
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- City Lights View
- No HOA
- Laundry Room
About This Home
As of January 2019Desirable 4-unit building on a hilltop location with views! Two floors with 2 units below and 2 units above. First floor is 1 x 3-bedroom / 2-bath with fireplace and 1 x 2-bedroom / 1-bath. Upper floor consists of 2 x 2-bedrooms / 1-bath. The 3-bedroom unit comes with a 2-car garage, while the 2-bedroom units each have a 1-car garage. Some units with upgrades like quartz countertops, new fixtures, new paint. Convenient location near freeways, schools, jobs, shopping, and entertainment makes it easy to rent out = low vacancy. Great investment opportunity. HUGE upside in rents! No rent control. Live in one and rent out the rest.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,850
Year Built
- Built in 1960
Lot Details
- 0.28 Acre Lot
- Two or More Common Walls
Parking
- 5 Car Garage
Home Design
- Property Attached
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 38
- Tax Tract Number 25212
- Assessor Parcel Number 5268033014
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Fuel Expense $1,000
- Insurance Expense $1,200
- Water Sewer Expense $1,900
- New Taxes Expense $15,900
- Operating Expense $4,726
- Gross Income $20,626
- Net Operating Income $57,974
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2019
Sold by
Fung Judy Hong Fei and Wong Judy Hong Fel
Bought by
Fung Judy Hong Fei
Total Days on Market
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,000
Outstanding Balance
$720,909
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$850,679
Purchase Details
Listed on
Sep 27, 2018
Closed on
Jan 17, 2019
Sold by
Ogura Terry Teruo
Bought by
Ogura Linda W Chan
Seller's Agent
Cindy Situ
Century 21 Adams & Barnes
Buyer's Agent
Cindy Situ
Century 21 Adams & Barnes
List Price
$1,272,000
Sold Price
$1,175,000
Premium/Discount to List
-$97,000
-7.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$822,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 27, 2018
Closed on
Jan 16, 2019
Sold by
Chan David C and Ogura Linda W Chan
Bought by
Wong Judy Hong Fei
Seller's Agent
Cindy Situ
Century 21 Adams & Barnes
Buyer's Agent
Cindy Situ
Century 21 Adams & Barnes
List Price
$1,272,000
Sold Price
$1,175,000
Premium/Discount to List
-$97,000
-7.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 2015
Sold by
Situ Xing Fen
Bought by
Chan David C and Chan Ogura Linda W
Purchase Details
Closed on
Mar 10, 1995
Sold by
Chan Cook Chor and Chan Hau Ling
Bought by
Chan David C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fung Judy Hong Fei | -- | Fidelity National Title Co | |
| Ogura Linda W Chan | -- | Stewart Title | |
| Wong Judy Hong Fei | $1,175,000 | Stewart Title | |
| Wong Judy Hong Fei | -- | Stewart Title | |
| Chan David C | -- | Stewart Title | |
| Chan David C | -- | None Available | |
| Chan David C | $200,000 | Western Cities Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fung Judy Hong Fei | $804,000 | |
| Closed | Wong Judy Hong Fei | $822,500 | |
| Previous Owner | Chan David C | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2019 01/28/19 | Sold | $1,175,000 | -2.1% | $294 / Sq Ft |
| 10/01/2018 10/01/18 | Price Changed | $1,200,000 | -5.7% | $300 / Sq Ft |
| 09/03/2018 09/03/18 | For Sale | $1,272,000 | -- | $318 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,850 | $1,285,031 | $900,069 | $384,962 |
| 2023 | $19,774 | $1,259,835 | $882,421 | $377,414 |
| 2022 | $19,110 | $1,235,133 | $865,119 | $370,014 |
| 2021 | $18,412 | $1,210,915 | $848,156 | $362,759 |
| 2019 | $8,417 | $481,830 | $256,078 | $225,752 |
| 2018 | $8,459 | $472,383 | $251,057 | $221,326 |
| 2016 | $8,128 | $454,042 | $241,309 | $212,733 |
| 2015 | $6,550 | $356,370 | $167,706 | $188,664 |
| 2014 | $6,495 | $349,390 | $164,421 | $184,969 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Situ
Seller's Agent in 2019
Cindy Situ
Century 21 Adams & Barnes
(626) 607-0382
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18215103
APN: 5268-033-014
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