400 N Via Val Verde Montebello, CA 90640
Estimated Value: $966,000 - $1,012,997
4
Beds
3
Baths
2,200
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Laundry Room
About This Home
As of April 2022Great opportunity to own a triplex in the heart of Montebello!!! This property features a 2 bedroom 2 bath unit up front and two, 1 bedroom 1 bath units behind and a detached 1 car garage for each unit. All unit are occupied by long time renters however they are month to month. The rents are well below market and have a big opportunity to increase. The 2 bedroom has not been renovated but is in very good condition. The one bedroom behind it was renovated 5 years ago and is in good condition. The last one bedroom has a long term tenant living that has been there for the past 27 years. The wood floors need to be refinished and the kitchen needs to be updated. The bathroom was updated sometime in the past.
Last Agent to Sell the Property
Matt McClelland
LRS Realty & Management Inc License #02144552 Listed on: 03/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,672
Year Built
- Built in 1948
Lot Details
- 7,540 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Sprinkler System
Parking
- 3 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,200 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Listing and Financial Details
- Tax Lot 122
- Tax Tract Number 10161
- Assessor Parcel Number 6343011019
- $1,701 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Operating Expense $12,000
- Gross Income $43,800
- Net Operating Income $31,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 13, 2012
Sold by
Nassief Philip and Estate Of Adele Soffa
Bought by
Nassief Phillip and Searls Joyce
Current Estimated Value
Similar Homes in Montebello, CA
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 |
|---|---|---|---|
| Nassief Phillip | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2022 04/28/22 | Sold | $910,000 | +7.1% | $414 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $850,000 | -6.6% | $386 / Sq Ft |
| 03/07/2022 03/07/22 | Off Market | $910,000 | -- | -- |
| 03/07/2022 03/07/22 | For Sale | $850,000 | -6.6% | $386 / Sq Ft |
| 03/06/2022 03/06/22 | Off Market | $910,000 | -- | -- |
| 03/06/2022 03/06/22 | For Sale | $850,000 | -6.6% | $386 / Sq Ft |
| 03/05/2022 03/05/22 | Off Market | $910,000 | -- | -- |
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 | $14,672 | $946,764 | $582,624 | $364,140 |
| 2023 | $14,617 | $928,200 | $571,200 | $357,000 |
| 2022 | $3,032 | $90,725 | $42,010 | $48,715 |
| 2021 | $2,888 | $88,947 | $41,187 | $47,760 |
| 2019 | $2,688 | $86,311 | $39,966 | $46,345 |
| 2018 | $2,588 | $84,620 | $39,183 | $45,437 |
| 2016 | $2,490 | $81,336 | $37,662 | $43,674 |
| 2015 | $2,415 | $80,115 | $37,097 | $43,018 |
| 2014 | $2,413 | $78,547 | $36,371 | $42,176 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Matt McClelland
LRS Realty & Management Inc
-
Herb Diaz
Buyer's Agent in 2022
Herb Diaz
PLF Real Estate Solutions
(562) 639-9636
1 in this area
105 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22037117
APN: 6343-011-019
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.
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
Nearby Homes
- 2301 W Beverly Blvd
- 2229 W Beverly Blvd
- 2225 W Beverly Blvd
- 2441 W Repetto Ave
- 317 N 19th St
- 113 N 19th St
- 241 N 16th St
- 605 N 18th St
- 2223 W Olympic Blvd
- 215 N Maple Ave Unit A
- 2912 W Via Acosta
- 6615 Southside Dr
- 2032 Hereford Dr
- 2917 Via San Carlo
- 6405 E Olympic Blvd
- 6531 Hereford Dr
- 815 Perry Ave
- 836 N Vail Ave
- 6211 E Olympic Blvd
- 1201 Hanover Ave
- 400 N Via Val Verde
- 404 N Via Val Verde
- 305 Morris Place
- 301 Morris Place
- 408 N Via Val Verde
- 309 Morris Place
- 352 Concourse Ave
- 313 Morris Place
- 412 N Via Val Verde
- 2309 W Madison Ave
- 348 Concourse Ave
- 317 Morris Place
- 416 N Via Val Verde
- 2305 W Madison Ave
- 344 Concourse Ave
- 321 Morris Place
- 357 Concourse Ave
- 353 Concourse Ave
- 420 N Via Val Verde
- 401 Concourse Ave