
405 S 6th St Montebello, CA 90640
Highlights
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Front Yard
- Laundry Room
About This Home
As of October 2024This exceptional 4-unit income property is a golden opportunity for savvy investors seeking steady cash flow and long-term growth. Located in the heart of Montebello, this property promises both financial stability and a thriving community. All units are 2 bedroom + 1 bathroom and have separate gas and electric meters. Expenses are low for landlord. Property is in exceptional condition as are the units. Property has laundry on site for additional income. Potential to add 2 ADU units for additional income. Don't miss this opportunity
Last Agent to Sell the Property
Beverly and Company, Inc. License #01950844 Listed on: 06/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,264
Year Built
- Built in 1975 | Remodeled
Lot Details
- 8,220 Sq Ft Lot
- 1 Common Wall
- Front Yard
Parking
- 5 Car Garage
- Carport
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
Interior Spaces
- 3,630 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 532
- Assessor Parcel Number 6349021015
Community Details
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $480
- Fuel Expense $456
- Insurance Expense $3,800
- Trash Expense $1,440
- Water Sewer Expense $1,200
- Operating Expense $5,936
- Gross Income $105,600
- Net Operating Income $82,620
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Montebello, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Listed On Document | |
Grant Deed | $1,480,000 | Lawyers Title | |
Quit Claim Deed | -- | Chicago Title Company | |
Grant Deed | $1,400,000 | Chicago Title Company | |
Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
Interfamily Deed Transfer | -- | Orange Coast Title | |
Grant Deed | $240,000 | Orange Coast Title | |
Trustee Deed | $259,000 | Fidelity National Title Ins | |
Corporate Deed | $258,000 | Investors Title Company | |
Corporate Deed | -- | Investors Title Company | |
Trustee Deed | $341,489 | Stewart Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,035,000 | New Conventional | |
Previous Owner | $980,000 | New Conventional | |
Previous Owner | $367,000 | New Conventional | |
Previous Owner | $420,000 | New Conventional | |
Previous Owner | $262,500 | Unknown | |
Previous Owner | $192,000 | No Value Available | |
Previous Owner | $306,000 | Unknown | |
Previous Owner | $7,200 | Unknown | |
Previous Owner | $245,706 | FHA | |
Closed | $24,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/23/2024 10/23/24 | Sold | $1,480,000 | -1.3% | $408 / Sq Ft |
06/06/2024 06/06/24 | For Sale | $1,499,000 | +7.1% | $413 / Sq Ft |
10/28/2022 10/28/22 | Sold | $1,400,000 | +4.1% | $386 / Sq Ft |
09/23/2022 09/23/22 | Pending | -- | -- | -- |
09/09/2022 09/09/22 | For Sale | $1,345,000 | -- | $371 / Sq Ft |
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 | $20,264 | $1,480,000 | $900,000 | $580,000 |
2024 | $20,264 | $1,428,000 | $612,000 | $816,000 |
2023 | $20,248 | $1,400,000 | $600,000 | $800,000 |
2022 | $5,603 | $340,759 | $187,417 | $153,342 |
2021 | $5,414 | $334,079 | $183,743 | $150,336 |
2019 | $5,221 | $324,172 | $178,294 | $145,878 |
2018 | $5,164 | $317,817 | $174,799 | $143,018 |
2016 | $4,908 | $305,477 | $168,012 | $137,465 |
2015 | $4,652 | $300,890 | $165,489 | $135,401 |
2014 | $4,607 | $294,997 | $162,248 | $132,749 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Vick Tasmajian
Beverly and Company, Inc.
(626) 676-1614
2 in this area
35 Total Sales
-
H
Buyer's Agent in 2024
HUE PHU QUACH
REALIV
(626) 285-2121
3 in this area
56 Total Sales
-
Seller's Agent in 2022
Shant Sherbetdjian
RE/MAX
(626) 657-8135
11 in this area
56 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-17953

APN: 6349-021-015
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