$521,000
SOLD JUL 8, 2015

3524 W Beverly Blvd Montebello, CA 90640

8 Beds
5 Baths
2,808 Sq Ft
2,544 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

19% Below List Price

110 Days on Market

Highlights

  • Dual Staircase
  • No HOA
  • Central Air

About This Home

As of April 2018

3 units 1 commercial bussness is been use for real estate ,taxes and bookkeeping for about 10 years good central location beginning of Montebello ending of east l.a. goog income live in one and rent the other 2 1 apartment 3bedrooms 2 bats upstairs and in the back of the front building other apartment in top of the garage 1 bed, 1 bat under need garage could be use as play room pleny parking in the right side of the building property is 2 lots ,2 apn # good for dentist off. or any bussness.good rental i

Last Agent to Sell the Property

BERTHA MOLINARI

UNITED BROKERS REALTY License #01225871 Listed on: 02/16/2015

Last Buyer's Agent

Minh Lac

United Real Estate Los Angeles License #01799486

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,342

Year Built

  • Built in 1949

Lot Details

  • 2,544 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,808 Sq Ft Home
  • Dual Staircase

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 10664
  • Assessor Parcel Number 5249001011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,200
  • Trash Expense $1,200
  • New Taxes Expense $1,616
  • Gross Income $4,100
  • Net Operating Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,342

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 323 854 4142
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5249001011
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 185.54
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: None
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2544.00
  • Price Per Lot Square Foot: 204.80
  • Lot Size Acres: 0.0580

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 4250.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 2544.0000 Square Feet
  • Net Operating Income: 4100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 150.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1616.00
  • Tax Lot: 22
  • Tax Tract Number: 10664
  • Tax Year: 2014

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 Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $600,000 Chicago Title Company
Grant Deed $520,000 Old Republic Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Commercial
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $100,000 Commercial
Previous Owner $411,200 Commercial
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15033582

California Regional Multiple Listing Service (CRMLS)

APN: 5249-001-012