NOT LISTED FOR SALE

3524 W Beverly Blvd Montebello, CA 90640

4 Beds
5 Baths
2,808 Sq Ft
4,986 Sq Ft Lot

Last Sold April 03, 2018

Last sale price $599,990 $214 Per Sq Ft

2 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room

About This Home

As of April 2018

Location, Location, Location! Comm/Office/Res Mixed Use in prime area of Montebello. 3 Units, 2 separate buildings. Unit 1 is a commercial office space with reception area, 4 individual rooms, kitchenette, restroom and 0.75 bathroom with shower. Unit 2 is residential, located on top of Unit 1 and has separate entrance. Unit 3 it's a residential building- Garage on bottom, Unit on top. Dedicated parking at driveway. 3 separate electrical meters. Conveniently located between the 60 freeway, 5 freeway and the 710 freeway.

Last Agent to Sell the Property

ERLY LING

REAL ESTATES UNLIMITED License #02045795 Listed on: 02/28/2018

Co-Listed By

Adam Bang

REAL ESTATES UNLIMITED License #01977468

Last Buyer's Agent

EDWARD CHAN

Real Brokerage Technologies License #01422337

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,342

Year Built

  • Built in 1949

Lot Details

  • 4,986 Sq Ft Lot
  • 1 Common Wall
  • 5249-001-011

Home Design

  • 2,808 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 22
  • Tax Tract Number 10664
  • Assessor Parcel Number 5249001012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $900
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $720
  • New Taxes Expense $7,781
  • Operating Expense $11,201
  • Gross Income $32,160
  • Net Operating Income $20,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,342

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 5249001012
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 213.67

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5249-001-011
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4986.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 900.00
  • Gross Income: 32160.00
  • Gross Scheduled Income: 32160.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 20960.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 11200.00
  • Rent Control: No
  • Total Actual Rent: 2680.00
  • Total Expenses: 11200.67

Tax Info

  • New Taxes Expense: 7780.60
  • Tax Lot: 22
  • Tax Tract Number: 10664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Mermlk Holding Llc
Bought by
Zoey Design Llc

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 28, 2018
Sold by
Troung Ben
Bought by
Mermlk Holding Llc
Seller's Agent
ERLY LING
REAL ESTATES UNLIMITED
Buyer's Agent
EDWARD CHAN
Real Brokerage Technologies
List Price
$599,900
Sold Price
$599,990
Premium/Discount to List
$90
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 16, 2015
Closed on
Jul 1, 2015
Sold by
Molinari Odolid F
Bought by
Truong Ben
Seller's Agent
BERTHA MOLINARI
UNITED BROKERS REALTY
Buyer's Agent
Minh Lac
United Real Estate Los Angeles
List Price
$645,000
Sold Price
$521,000
Premium/Discount to List
-$124,000
-19.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$100,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2005
Sold by
Rodriguez Alex L and Rodriguez Sylvia A
Bought by
Molinari Odolid Flor De Liz
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Zoey Design Llc -- None Available
Mermlk Holding Llc $600,000 Chicago Title Company
Truong Ben $520,000 Old Republic Title Company
Molinari Odolid Flor De Liz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoey Design Llc $400,000
Previous Owner Mermlk Holding Llc $300,000
Previous Owner Truong Ben $100,000
Previous Owner Molinari Odolid Flor De Liz $411,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $599,990 0.0% $214 / Sq Ft
03/10/2018 03/10/18 For Sale $599,900 0.0% $214 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $599,900 +15.1% $214 / Sq Ft
07/08/2015 07/08/15 Sold $521,000 -19.2% $186 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $645,000 -- $230 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,342 $574,487 $412,739 $161,748
2024 $8,342 $563,224 $404,647 $158,577
2023 $8,330 $552,181 $396,713 $155,468
2022 $8,055 $541,355 $388,935 $152,420
2021 $7,783 $530,741 $381,309 $149,432
2020 $7,863 $536,021 $384,948 $151,073
2019 $7,624 $525,515 $377,400 $148,115
2018 $5,809 $374,759 $166,464 $208,295
2016 $5,535 $360,000 $160,000 $200,000
2015 $4,907 $329,742 $198,983 $130,759
2014 $4,835 $323,284 $195,086 $128,198
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    ERLY LING

    REAL ESTATES UNLIMITED

    (626) 662-7168

    1 in this area

    9 Total Sales

    Section Image
  • Adam Bang

    Seller Co-Listing Agent in 2018

    Adam Bang

    REAL ESTATES UNLIMITED

    (626) 708-0008

    20 Total Sales

    Section Image

  • E

    Buyer's Agent in 2018

    EDWARD CHAN

    Real Brokerage Technologies

    (626) 872-0608

    5 Total Sales

    Section Image

  • B

    Seller's Agent in 2015

    BERTHA MOLINARI

    UNITED BROKERS REALTY

    Section Image

  • M

    Buyer's Agent in 2015

    Minh Lac

    United Real Estate Los Angeles

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18042329

California Regional Multiple Listing Service (CRMLS)

APN: 5249-001-012

California Los Angeles County Montebello 90022

3524 W Beverly Blvd, Montebello, CA

This home is located at 3524 W Beverly Blvd, Montebello, CA 90640 since 28 February 2018. This property was built in 1949. 3524 W Beverly Blvd is a home located in Los Angeles County with nearby schools including Bella Vista Elementary School, Macy 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.

California Regional Multiple Listing Service (CRMLS) 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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