NOT LISTED FOR SALE

423 S 6th St Montebello, CA 90640

Estimated Value: $1,225,000 - $1,659,000

4 Beds
2 Baths
3,498 Sq Ft
$402/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $640,000 $183 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,565/month

32 Days on Market

Highlights

  • Fireplace in Bathroom
  • Wood Flooring
  • Living Room Balcony
  • Contemporary Architecture
  • End Unit
  • Laundry Room

About This Home

As of October 2013

Great STANDARD sale four units property with two bedrooms and one bathroom each unit, two of them has a balcony, covered
car port parking, and a laundry room. Some units have carpeting and some others tile floor. The roof was changed three years ago and they have cooper plumbing. There are in very good conditions.

Last Agent to Sell the Property

Yolanda Hidalgo

Berkshire Hathaway Home Services California Properties License #01887769 Listed on: 07/12/2013

Berkshire Hathaway Home Services California Properties

Last Buyer's Agent

Yolanda Hidalgo

Berkshire Hathaway Home Services California Properties License #01887769 Listed on: 07/12/2013

Berkshire Hathaway Home Services California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,904

Year Built

  • Built in 1975

Lot Details

  • 6,726 Sq Ft Lot
  • End Unit

Home Design

  • Contemporary Architecture
  • Property Attached
  • Shingle Roof

Interior Spaces

  • 3,498 Sq Ft Home
  • Ceiling Fan
  • Living Room Balcony
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Parking

  • 7 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 6871
  • Assessor Parcel Number 6349021020

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $446
  • Insurance Expense $1,800
  • Trash Expense $648
  • Water Sewer Expense $648
  • New Taxes Expense $8,731
  • Gross Income $40,200
  • Net Operating Income $27,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,904

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Other Phone Description: (562) 756-5309
  • Other Phone Number: (562)9074004
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 648.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6349021020
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony
  • Common Walls: End Unit
  • Flooring: Laminate, Carpet, Tile, Vinyl, Wood
  • Accessibility Features: 2+ Access Exits
  • Fireplace Features: Bath
  • Price Per Square Foot: 182.96

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 648.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 6726.00
  • Lot Size Acres: 0.1540

Multi Family

  • Electric Expense: 446.00
  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6726.0000 Square Feet
  • Net Operating Income: 27057.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13143.00
  • Rent Control: No
  • Total Actual Rent: 3350.00

Tax Info

  • New Taxes Expense: 8731.00
  • Tax Lot: 20
  • Tax Tract Number: 6871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Oct 11, 2013
Sold by
Cobian Cely P
Bought by
Quon Willard L and Quon Fern Y
Seller's Agent
Yolanda Hidalgo
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Yolanda Hidalgo
Berkshire Hathaway Home Services California Properties
List Price
$630,000
Sold Price
$640,000
Premium/Discount to List
$10,000
1.59%
Current Estimated Value
$1,407,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,161
Avg. Annual Appreciation
6.81%
Original Mortgage
$480,000
Outstanding Balance
$361,103
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$1,046,058

Purchase Details

Closed on
Apr 18, 2009
Sold by
Cobian Leonardo A and Cobian Cely P
Bought by
Cobian Leonardo A

Purchase Details

Closed on
Apr 9, 2003
Sold by
Cobian Leonardo A and Cobian Cely P
Bought by
Cobian Leonardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.72%

Purchase Details

Closed on
Sep 28, 1993
Sold by
Fong Henley and Fong Terena
Bought by
Cobian Leonardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,400
Interest Rate
7.13%
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
Quon Willard L $640,000 Orange Coast Title
Cobian Leonardo A -- None Available
Cobian Leonardo A -- New Century Title
Cobian Leonardo A $310,500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quon Willard L $480,000
Previous Owner Cobian Leonardo A $226,000
Previous Owner Cobian Leonardo A $248,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $640,000 +1.6% $183 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $630,000 -- $180 / 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 $12,904 $784,538 $294,200 $490,338
2024 $12,904 $769,156 $288,432 $480,724
2023 $12,832 $754,076 $282,777 $471,299
2022 $12,404 $739,291 $277,233 $462,058
2021 $11,931 $724,797 $271,798 $452,999
2019 $11,342 $704,302 $263,738 $440,564
2018 $11,467 $690,513 $258,567 $431,946
2016 $11,004 $662,741 $248,528 $414,213
2015 $10,461 $652,787 $244,795 $407,992
2014 $10,341 $640,000 $240,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13142659

California Regional Multiple Listing Service (CRMLS)

APN: 6349-021-020