2725 Via Paseo Montebello, CA 90640
Estimated Value: $1,406,000 - $1,880,000
9
Beds
5
Baths
4,184
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- 15,655 Sq Ft lot
- No HOA
- Laundry Room
- Granite Countertops
- Cooling System Mounted To A Wall/Window
- Tile Flooring
About This Home
As of July 2018Welcome to Beautiful Montebello. LOCATION, location, location folks!! A wonderful opportunity. Large 4 Units with lots of square feet per unit & HUGH LOT with views of the City!
This 4 unit building is an easy owner occupancy setting. With a large 3+2 downstairs with Fireplace and views of the City from your living room. This is an easy decision. Great investment opportunity here:
An great investment. (1)-3bed & 2 bath with fireplace, large dining room. (3) additional units all 2 bed & 1 bath. Two units are upstairs & two are downstairs. All with single car garages, with each 1 additional carport parking space. All units have wall ac & heating an excellent way to help save on electricity. Water heaters are all approximately 2-1/2 years old, with the entire building painted within the last 24 months. There is a community laundry area for all units to use located in the rear of the building, with potential to add hook ups to each unit. This would add additional value and ability to increase rents. 2 of the 4 units have upgraded bathrooms. Along with Kitchens granite counter tops. Long term tenants in place. Roof, Electrical and Plumbing all have been well maintained. This is a wonderful opportunity to live in one of the units and rent the rest. A great investment opportunity for new or seasoned investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,422
Year Built
- Built in 1960
Lot Details
- 0.36 Acre Lot
- 1 Common Wall
Parking
- 4 Car Garage
Home Design
- Property Attached
Interior Spaces
- 4,184 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Granite Countertops
- Laundry Room
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 39
- Tax Tract Number 25212
- Assessor Parcel Number 5268033015
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $443
- Fuel Expense $840
- Insurance Expense $1,500
- Trash Expense $1
- Water Sewer Expense $3,060
- New Taxes Expense $1
- Operating Expense $5,845
- Gross Income $6,150
- Net Operating Income $67,956
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 16, 2022
Sold by
Medina Jose T and Medina Rosa M
Bought by
Medina Living Trust
Total Days on Market
6
Current Estimated Value
Purchase Details
Listed on
Jun 13, 2018
Closed on
Jul 13, 2018
Sold by
Fung Luis K
Bought by
Medina Jose T and Medina Rosa M
Seller's Agent
Brenda Jonker
Realty Connection Group
Buyer's Agent
Gino Ochoa
CENTURY 21 REALTY MASTERS
List Price
$1,208,000
Sold Price
$1,271,888
Premium/Discount to List
$63,888
5.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$534,611
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2005
Sold by
Fung Luis K and Fung Helen S
Bought by
Fung Luis K
Purchase Details
Closed on
Jul 2, 2003
Sold by
Picker Charles E
Bought by
Fung Luis K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 2002
Sold by
Cirar Marvine
Bought by
Picker Charles E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.28%
Mortgage Type
Unknown
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 Montebello, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medina Living Trust | -- | Law Offices Of Tony J Tyre | |
| Medina Jose T | $1,272,000 | Old Republic Title Company | |
| Fung Luis K | -- | -- | |
| Fung Luis K | $560,000 | First American Title Co | |
| Picker Charles E | $373,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Medina Jose T | $534,611 | |
| Previous Owner | Fung Luis K | $340,000 | |
| Previous Owner | Fung Luis K | $120,000 | |
| Previous Owner | Fung Luis K | $390,000 | |
| Previous Owner | Picker Charles E | $67,000 | |
| Previous Owner | Picker Charles E | $273,180 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2018 07/19/18 | Sold | $1,271,888 | +5.3% | $304 / Sq Ft |
| 06/19/2018 06/19/18 | Pending | -- | -- | -- |
| 06/13/2018 06/13/18 | For Sale | $1,208,000 | -5.0% | $289 / Sq Ft |
| 06/13/2018 06/13/18 | Off Market | $1,271,888 | -- | -- |
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 | $21,422 | $1,391,113 | $1,201,914 | $189,199 |
| 2023 | $21,348 | $1,363,838 | $1,178,348 | $185,490 |
| 2022 | $20,633 | $1,337,097 | $1,155,244 | $181,853 |
| 2021 | $19,888 | $1,310,881 | $1,132,593 | $178,288 |
| 2019 | $18,987 | $1,272,000 | $1,099,000 | $173,000 |
| 2018 | $11,727 | $699,748 | $438,343 | $261,405 |
| 2016 | $11,248 | $672,578 | $421,323 | $251,255 |
| 2015 | $10,698 | $662,476 | $414,995 | $247,481 |
| 2014 | $10,580 | $649,500 | $406,866 | $242,634 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Jonker
Seller's Agent in 2018
Brenda Jonker
Realty Connection Group
(626) 786-3300
9 Total Sales
-
Gino Ochoa
Buyer's Agent in 2018
Gino Ochoa
CENTURY 21 REALTY MASTERS
(323) 718-6449
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR18140553
APN: 5268-033-015
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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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