Seller's Agent in 2021
Cherry Wang
RE/MAX
(909) 576-2588
1 in this area
15 Total Sales
407 S 6th St Montebello, CA 90640
Estimated Value: $1,253,000 - $1,620,000
8
Beds
4
Baths
3,630
Sq Ft
$393/Sq Ft
Est. Value
About This Home
As of August 2021Excellent Investment opportunity! Fully occupied, very well maintained 4-UNITS located in Montebello! Each unit is 2 bed 1 bath featuring new widows, laminate flooring, cabinetry, and granite countertops. On-site laundry facility provides extra income. Separate electricity and gas meters for each unit.
Conveniently located near the Montebello Golf Course, shopping centers, supermarkets, banks, public transportation, East LA City College and more!
Last Agent to Sell the Property
ReMax 2000 Realty License #01979265 Listed on: 05/23/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 7,895 Sq Ft Lot
- Two or More Common Walls
- Lawn
Parking
- 4 Car Garage
Home Design
- 3,630 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry in unit
- Suburban Location
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 6871
- Assessor Parcel Number 6349021016
Community Details
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $257
- Fuel Expense $687
- Gardener Expense $600
- Insurance Expense $1,863
- Maintenance Expense $1,800
- Trash Expense $1,644
- Water Sewer Expense $1,378
- New Taxes Expense $14,080
- Operating Expense $8,228
- Gross Income $83,590
- Net Operating Income $75,361
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2021
Closed on
Aug 5, 2021
Sold by
Bought by
Seller's Agent
Cherry Wang
ReMax 2000 Realty
Buyer's Agent
Tracy Tsoi
eXp Realty of Greater L.A. Inc
List Price
$1,280,000
Sold Price
$1,290,000
Premium/Discount to List
$10,000
0.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,640
Avg. Annual Appreciation
2.10%
Original Mortgage
$774,000
Outstanding Balance
$698,828
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$728,812
Purchase Details
Closed on
Nov 21, 2017
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 2003
Sold by
Bought by
Purchase Details
Closed on
Feb 20, 2002
Sold by
Bought by
Purchase Details
Closed on
Jul 12, 2000
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,956
Interest Rate
7.48%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 23, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,290,000 | Chicago Title | ||
| -- | Chicago Title | ||
| -- | None Available | ||
| -- | Ticor Title Company | ||
| $229,000 | -- | ||
| -- | -- | ||
| $257,272 | Investors Title Company | ||
| -- | Investors Title Company | ||
| $341,817 | Stewart Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $774,000 | ||
| Previous Owner | $247,956 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2021 08/10/21 | Sold | $1,290,000 | +0.8% | $355 / Sq Ft |
| 06/29/2021 06/29/21 | Pending | -- | -- | -- |
| 05/23/2021 05/23/21 | For Sale | $1,280,000 | -- | $353 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,340 | $1,368,957 | $742,845 | $626,112 |
| 2024 | $19,083 | $1,342,116 | $728,280 | $613,836 |
| 2023 | $19,067 | $1,315,800 | $714,000 | $601,800 |
| 2022 | $18,432 | $1,290,000 | $700,000 | $590,000 |
| 2021 | $8,822 | $591,066 | $329,029 | $262,037 |
| 2020 | $8,754 | $585,007 | $325,656 | $259,351 |
| 2019 | $8,493 | $573,537 | $319,271 | $254,266 |
| 2018 | $8,551 | $562,292 | $313,011 | $249,281 |
| 2017 | $8,361 | $551,268 | $306,874 | $244,394 |
| 2016 | $8,158 | $540,459 | $300,857 | $239,602 |
| 2015 | $7,714 | $532,341 | $296,338 | $236,003 |
| 2014 | $7,619 | $521,915 | $290,534 | $231,381 |
Source: Public Records
Agents Affiliated with this Home
-
Cherry Wang
-
Tracy Tsoi
Buyer's Agent in 2021
Tracy Tsoi
eXp Realty of Greater L.A. Inc
(909) 263-0312
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21107842
APN: 6349-021-016
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
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