C
Seller's Agent in 2022
CHASITY BRUGMAN
REALTY ONE GROUP MASTERS
(626) 541-2655
1 in this area
24 Total Sales
2940 W Via Acosta Montebello, CA 90640
Estimated Value: $1,208,000 - $1,605,000
6
Beds
4
Baths
3,328
Sq Ft
$420/Sq Ft
Est. Value
Highlights
- Lawn
- Park
- Tile Flooring
- Tile Countertops
- Laundry Room
- 4 Car Garage
About This Home
As of August 2022Great opportunity to own a fourplex and initiate your investment goals in the heart of North side Montebello, adjacent to Monterey Park! This property features (two) 1 bedroom /1 bath unit up front and (two) 2 bedroom/1 bath unit behind with a detached 1 car garage for each unit. All units are occupied with tenants that are month to month and current with rent according to owner. The 2 bedroom and 1 bedroom has not been renovated but is in good condition. The last one bedroom has a long term tenant living that has been there for the past 28 years. You can also generate additional income with the laundry facility! Subject property is close to schools, shopping center, park, supermarket, Montebello Fire Department, Montebello golf course, 60FWY, local city bus transportation, gas stations and so much more! **Please do not disturb tenants**
Last Agent to Sell the Property
REALTY ONE GROUP MASTERS License #02020848 Listed on: 06/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,417
Year Built
- Built in 1953
Lot Details
- 5,032 Sq Ft Lot
- 1 Common Wall
- Lawn
- Front Yard
Parking
- 4 Car Garage
- Parking Available
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 3,328 Sq Ft Home
- Blinds
- Tile Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- Exterior Lighting
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 59
- Tax Tract Number 8502
- Assessor Parcel Number 5267028021
- $827 per year additional tax assessments
Community Details
Recreation
- Park
Building Details
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $290
- Insurance Expense $1,878
- Trash Expense $789
- Water Sewer Expense $1,620
- Operating Expense $4,832
- Gross Income $67,500
- Net Operating Income $58,413
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Jul 14, 2022
Sold by
Robert Torres
Bought by
Ronglian Xie And Tiffany Ting Fong Revocable
Seller's Agent
CHASITY BRUGMAN
REALTY ONE GROUP MASTERS
Buyer's Agent
David Chung
RE/Max Time
List Price
$1,129,000
Sold Price
$1,275,000
Premium/Discount to List
$146,000
12.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,375
Avg. Annual Appreciation
1.77%
Original Mortgage
$892,500
Outstanding Balance
$856,173
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$491,129
Purchase Details
Closed on
Jul 21, 2000
Sold by
Morejon Guillermo
Bought by
Torres Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
8.13%
Purchase Details
Closed on
May 24, 2000
Sold by
Taosuwan Chatchai and Taosuwan Felicitas
Bought by
Morejon Guillermo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
8.13%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ronglian Xie And Tiffany Ting Fong Revocable | $1,275,000 | Old Republic Title | |
| Torres Robert | $287,500 | -- | |
| Morejon Guillermo | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ronglian Xie And Tiffany Ting Fong Revocable | $892,500 | |
| Previous Owner | Torres Robert | $137,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2022 08/02/22 | Sold | $1,275,000 | +12.9% | $383 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/16/2022 06/16/22 | For Sale | $1,129,000 | -- | $339 / 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 |
|---|---|---|---|---|
| 2025 | $18,417 | $1,326,510 | $572,220 | $754,290 |
| 2024 | $18,417 | $1,300,500 | $561,000 | $739,500 |
| 2023 | $18,402 | $1,275,000 | $550,000 | $725,000 |
| 2022 | $6,389 | $408,213 | $141,984 | $266,229 |
| 2021 | $6,171 | $400,209 | $139,200 | $261,009 |
| 2019 | $5,944 | $388,340 | $135,072 | $253,268 |
| 2018 | $5,986 | $380,726 | $132,424 | $248,302 |
| 2016 | $5,699 | $365,944 | $127,283 | $238,661 |
| 2015 | $5,394 | $360,449 | $125,372 | $235,077 |
| 2014 | $5,335 | $353,390 | $122,917 | $230,473 |
Source: Public Records
Agents Affiliated with this Home
-
CHASITY BRUGMAN
-
David Chung
Buyer's Agent in 2022
David Chung
RE/Max Time
(626) 282-8857
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22116380
APN: 5267-028-021
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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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