NOT LISTED FOR SALE

320 N 2nd St Montebello, CA 90640

4 Beds
2 Baths
7,768 Sq Ft
0.34 Acres

Last Sold December 14, 2012

Last sale price $1,379,000 $178 Per Sq Ft

5 Days on Market

Highlights

  • 14,689 Sq Ft lot
  • Ceiling Fan
  • 8 Car Garage

About This Home

As of December 2012

We are pleased to present for sale 8 Turn Key Units on North 2nd Street in North Montebello. The units are comprised of (Eight) 2 Bedroom 1 Bath Units Averaging about 970 Square Feet Each. The is the first time the property has been offered for sale in over 50 Years. The building has FULL COPPER PLUMBING - Horizontal and Vertical. Also the electrical system has been upgraded. CONTACT LISTING AGENT FOR DETAILS AND A FULL MARKETING PACKAGE. DRIVE BY ONLY. TENANTS ARE NOT AWARE OF SALE.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 09/18/2012

Remax Commercial and Investment Realty

Last Buyer's Agent

MARY MARQUEZ

License #00935950

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.34 Acre Lot

Parking

  • 8 Car Garage

Interior Spaces

  • 7,768 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6346-006-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 7768
  • Price Per Unit: 172375.00
  • Stories: 2
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Ceiling Fan
  • Price Per S Q F T: 177.52

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking: 8
  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Water District: Montebello Land and Water
  • Water Heater: Gas
  • Cooling: Wall/Window
  • Electric Expense: 900.00
  • Heating: Wall
  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Sewer: In Street
  • Water Expense: 3600.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2719.00
  • Maintenance Expense: 5704.00
  • Other Expense: 3084.00
  • Trash Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 105620
  • Assessed Land Value: 34802
  • Assessor Parcel Number: 6346-006-003
  • Lot Size Area: 14689

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.73
  • Number Of Units: 8
  • Rent Control: 0
  • Type Of Units: APT
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 18436.00

MLS Schools

  • School District: Montebello Unified

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $1,379,000 0.0% $178 / Sq Ft
09/23/2012 09/23/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $1,379,000 -- $178 / Sq Ft
Source: The MLS

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 $25,072 $1,698,128 $738,852 $959,276
2024 $25,072 $1,664,832 $724,365 $940,467
2023 $25,031 $1,632,189 $710,162 $922,027
2022 $24,218 $1,600,187 $696,238 $903,949
2021 $23,398 $1,568,812 $682,587 $886,225
2019 $22,490 $1,522,282 $662,342 $859,940
2018 $22,835 $1,492,434 $649,355 $843,079
2016 $21,792 $1,434,484 $624,141 $810,343
2015 $20,620 $1,412,937 $614,766 $798,171
2014 $20,358 $1,385,260 $602,724 $782,536
Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2012

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    13 in this area

    55 Total Sales

    Shant Sherbetdjian
    Section Image

  • M

    Buyer's Agent in 2012

    MARY MARQUEZ

See All Agents

Map

Source: The MLS

MLS Number: 12-625431

The MLS
California Los Angeles County Montebello 90640

320 N 2nd St, Montebello, CA

Not Listed for Sale

MultiFamily

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