NOT LISTED FOR SALE

417 Bradley Ave Montebello, CA 90640

Estimated Value: $888,000 - $1,084,000

5 Beds
3 Baths
2,050 Sq Ft
$474/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $505,000 $246 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,034/month

15 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 3 Car Garage

About This Home

As of August 2014

Desirable area of Montebello close to shopping centers, hospital, and major fwys. This property Features 3 units First Unit is 1 bed/1 bath and Two Units are 2 bed/ 1 bath. Great Cash Flow opportunity for investor or great investment for first time home buyers.

Last Agent to Sell the Property

EVELYN RAMIREZ

KEVIN GIBBS, BROKER License #01930732 Listed on: 07/05/2014

Co-Listed By

Kevin Gibbs

KEVIN GIBBS, BROKER License #01860588

Last Buyer's Agent

EVELYN RAMIREZ

KEVIN GIBBS, BROKER License #01930732 Listed on: 07/05/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,280

Year Built

  • Built in 1955

Lot Details

  • 6,860 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,050 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 20129
  • Assessor Parcel Number 6347003009

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,937
  • Gross Income $4,000
  • Net Operating Income $3,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,280

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Other Phone Number: 6262530358
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6347003009
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 246.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6860.00
  • Lot Size Acres: 0.1570

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 4000.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6860.0000 Square Feet
  • Net Operating Income: 3880.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 120.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5937.00
  • Tax Lot: 8
  • Tax Tract Number: 20129
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2015
Sold by
Lai Bob Thanh
Bought by
Lai Peter Yuan
Current Estimated Value
$971,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2014
Sold by
Lai Bob Thanh
Bought by
Lai Bob Thanh and Van Lan Trinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2014
Closed on
Jul 8, 2014
Sold by
Lopez Ernesto G
Bought by
Lai Bob Thanh and Van La Trinh
Seller's Agent
EVELYN RAMIREZ
KEVIN GIBBS, BROKER
Buyer's Agent
EVELYN RAMIREZ
KEVIN GIBBS, BROKER
List Price
$475,000
Sold Price
$505,000
Premium/Discount to List
$30,000
6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Jan 7, 2000
Sold by
Li Edward W Co Tr Li Family Trust
Bought by
Lopez Ernesto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,552
Interest Rate
8.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1993
Sold by
Li Edward W
Bought by
Li Edward W and Hsu Lily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
6.81%

Purchase Details

Closed on
Oct 12, 1993
Sold by
Li Edward W
Bought by
Li Edward W and Hsu Lily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
6.81%
Source: Public Records

Range of Values:

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Average Value
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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
Lai Peter Yuan $510,000 First American Title Company
Lai Bob Thanh -- First American Title Company
Lai Bob Thanh -- First American Title Company
Lai Bob Thanh $505,000 Stewart Title
Lopez Ernesto G $218,000 Equity Title Company
Li Edward W -- --
Li Edward W -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Peter Yuan $449,000
Closed Lai Peter Yuan $453,000
Closed Lai Peter Yuan $382,500
Closed Lai Bob Thanh $328,250
Previous Owner Lopez Ernesto G $100,000
Previous Owner Lopez Ernesto G $344,000
Previous Owner Lopez Ernesto G $270,000
Previous Owner Lopez Ernesto G $212,233
Previous Owner Lopez Ernesto G $216,552
Previous Owner Li Edward W $131,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $505,000 +6.3% $246 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $475,000 -- $232 / 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 $10,280 $603,729 $423,796 $179,933
2024 $10,280 $591,892 $415,487 $176,405
2023 $10,211 $580,288 $407,341 $172,947
2022 $9,869 $568,910 $399,354 $169,556
2021 $9,486 $557,756 $391,524 $166,232
2019 $8,989 $541,214 $379,912 $161,302
2018 $9,049 $530,603 $372,463 $158,140
2016 $8,702 $510,000 $358,000 $152,000
2015 $8,320 $505,000 $355,000 $150,000
2014 $5,280 $273,314 $139,165 $134,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14135802

California Regional Multiple Listing Service (CRMLS)

APN: 6347-003-009