NOT LISTED FOR SALE

513 N 21st St Unit A-D Montebello, CA 90640

Estimated Value: $988,000 - $1,954,000

10 Beds
5 Baths
4,541 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $1,600,000 $352 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,205/month

24 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Recessed Lighting
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of July 2022

Drive by and see this elegant 4 unit apartment building in the great desirable area of Montebello. Building consists of a large owners unit featuring a 2 story 3 bedroom 2 bath unit facing 21st Street. This unit has a den that can be used as a den or a bedroom and entire unit was recently remodeled in 2021' with many new features. 2nd unit is a 2 bedroom 1 bath, 3rd unit is also 2 bedrooms one bath and the last rear unit is a 3 bedroom 1 bath unit. 2 units are on the first floor and the two other units are on the second level with a stairway leading to the 2nd floor balcony.
The building has a laundry room with leased washing machine and dryer (providing extra income for owner) located at the rear of building for all tenants to use. The building also features 4 carports with a storage cabinet for each unit. The driveway is a shared driveway with the next door identical building. Tenants pay their own gas and electricity. Owner is responsible for all water and laundry room gas since it has a large water
heater for all units hot water usage. Property is conveniently located one block away from a small shopping center as well as Montebello High
School and Schurr High School and the Montebello Dept of Motor Vehicles and less than 2 miles from the Montebello Shopping Center and
centrally located in the middle of the #60, #110, #5 and the #605 freeways as well as only minutes from downtown Los Angeles. The area has
no city rent control. And lastly, right across the street from McDonalds fast food restaurant on Beverly Blvd.

Last Agent to Sell the Property

Jorge Amezcua

GEORGE MICHAEL REALTY License #00995457 Listed on: 05/14/2022

Last Buyer's Agent

Vick Tasmajian

JohnHart Real Estate License #01950844

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,036

Year Built

  • Built in 1960

Lot Details

  • 7,909 Sq Ft Lot
  • Two or More Common Walls
  • Wire Fence
  • Paved or Partially Paved Lot
  • Front Yard Sprinklers
  • Lawn

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 4,541 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • Converted Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 003
  • Tax Tract Number 24526
  • Assessor Parcel Number 5294010003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $628
  • Gardener Expense $540
  • Insurance Expense $1,700
  • Other Expense $2,069
  • Pest Control $1,123
  • Trash Expense $2,462
  • Water Sewer Expense $3,774
  • Operating Expense $12,751
  • Gross Income $1,010
  • Net Operating Income $77,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,036

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: office
  • Other Phone Ext: 105
  • Other Phone Number: 323 728-2111
  • Price Per Unit: 400000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3774.00
  • Zoning: MMR3YY
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 5294010003
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: street
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 352.35
  • Room Type: Converted Bedroom, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Asphalt
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater, Water Heater Central
  • Electric: Standard
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Outside, Washer Hookup
  • Pest Control Expense: 1123.00
  • Sewer: Public Sewer
  • Trash Expense: 2462.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Paved, Sprinklers In Front
  • Lot Size Sq Ft: 7909.00
  • Lot Size Acres: 0.1816

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 2 Square Feet
  • Average3 Bed Area: 2 Square Feet
  • Electric Expense: 628.00
  • Gross Income: 1010.00
  • Gross Operating Income: 90350.00
  • Gross Scheduled Income: 90350.00
  • Insurance Expense: 1700.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1010.00
  • Lot Size Area: 7909.0000 Square Feet
  • Net Operating Income: 77599.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 5
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 12751.00
  • Other Expense: 2069.00
  • Other Expense Description: gas
  • Rent Control: No
  • Total Actual Rent: 7445.00
  • Total Expenses: 12751.00

Tax Info

  • Tax Area: 6330
  • Tax Lot: 003
  • Tax Tract Number: 24526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jul 21, 2022
Sold by
Harout Baronian
Bought by
Baronian Stella
Seller's Agent
Jorge Amezcua
GEORGE MICHAEL REALTY
Buyer's Agent
Vick Tasmajian
JohnHart Real Estate
List Price
$1,250,000
Sold Price
$1,600,000
Premium/Discount to List
$350,000
28%
Current Estimated Value
$1,568,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,116
Avg. Annual Appreciation
0.53%
Original Mortgage
$1,120,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2022
Closed on
Jun 7, 2022
Sold by
Rudy Rodriguez
Bought by
Baronian Stella
Seller's Agent
Jorge Amezcua
GEORGE MICHAEL REALTY
Buyer's Agent
Vick Tasmajian
JohnHart Real Estate
List Price
$1,250,000
Sold Price
$1,600,000
Premium/Discount to List
$350,000
28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Rodriguez Rudy and Rodriguez Deborah R
Bought by
Rodriguez Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,600
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2000
Sold by
Siu Kin and Siu Monita C
Bought by
Rodriguez Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,600
Interest Rate
7.4%
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
Baronian Stella -- New Title Company Name
Baronian Stella $1,600,000 New Title Company Name
Rodriguez Rudy -- None Available
Rodriguez Rudy $318,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baronian Stella $1,120,000
Previous Owner Rodriguez Rudy $286,600
Previous Owner Rodriguez Rudy $222,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $1,600,000 0.0% $352 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $1,600,000 +28.0% $352 / Sq Ft
05/26/2022 05/26/22 For Sale $1,250,000 -21.9% $275 / Sq Ft
05/25/2022 05/25/22 Off Market $1,600,000 -- --
05/25/2022 05/25/22 For Sale $1,250,000 -21.9% $275 / Sq Ft
05/24/2022 05/24/22 Off Market $1,600,000 -- --
05/20/2022 05/20/22 For Sale $1,250,000 -21.9% $275 / Sq Ft
05/19/2022 05/19/22 Off Market $1,600,000 -- --
05/19/2022 05/19/22 For Sale $1,250,000 -21.9% $275 / Sq Ft
05/18/2022 05/18/22 Off Market $1,600,000 -- --
05/14/2022 05/14/22 For Sale $1,250,000 -- $275 / 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 $23,036 $1,664,640 $780,300 $884,340
2024 $23,036 $1,632,000 $765,000 $867,000
2023 $23,020 $1,600,000 $750,000 $850,000
2022 $7,247 $460,550 $185,377 $275,173
2021 $6,998 $451,521 $181,743 $269,778
2019 $6,742 $438,130 $176,353 $261,777
2018 $6,756 $429,541 $172,896 $256,645
2016 $6,430 $412,863 $166,183 $246,680
2015 $6,088 $406,662 $163,687 $242,975
2014 $6,020 $398,697 $160,481 $238,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22100798

California Regional Multiple Listing Service (CRMLS)

APN: 5294-010-003