Seller's Agent in 2023
Annie Akopyan
Coldwell Banker Hallmark Realty
(818) 588-1336
1 in this area
40 Total Sales
513 N Poplar Ave Montebello, CA 90640
Estimated Value: $984,000 - $1,338,000
10
Beds
6
Baths
3,646
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating
- Neighborhood Views
- Laundry Room
About This Home
As of June 2023Welcome to Montebello, a prime rental area offering an amazing investment opportunity. This property features 4 units: Unit A is a spacious front house with 3 bedrooms, 2 baths, formal living and dining rooms, and a large kitchen. Unit A offers a spacious master suite. All bedrooms and baths are spacious with plenty of closets. Unit B offers 3 bedrooms, 2 baths, a good-sized living room, dining room, and a private backyard. Unit B also offers a good size master suite along with descent size secondary bedrooms. Units C and D are similar units and both are on the 2nd floor. Unit C & D offer 2-bed, 1-bath units with open floor plans. Unit B & C also boasts a nice balcony with great views. The property includes four-car garages, and the laundry/utility room has been converted into one of the garages. Property has newer roof and regular maintenance as needed. Long-term tenants with a history of on-time payments provide stability. Don't miss out on this opportunity!
Last Agent to Sell the Property
Coldwell Banker Hallmark Realty License #01203620 Listed on: 05/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,670
Year Built
- Built in 1929
Lot Details
- 7,103 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,646 Sq Ft Home
- 2-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 4
- Tax Tract Number 5758
- Assessor Parcel Number 5269012008
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $800
- Insurance Expense $2,846
- Other Expense $300
- Water Sewer Expense $2,683
- Operating Expense $6,629
- Net Operating Income $46,771
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2023
Closed on
Jun 16, 2023
Sold by
Wartuhi Martirosian Living Trust
Bought by
Harout Dermendjian And Gayane Dermendjian Liv
Seller's Agent
Annie Akopyan
Coldwell Banker Hallmark Realty
Buyer's Agent
Vahe Mkhitaryan
Arzuman Brothers
List Price
$989,000
Sold Price
$1,100,000
Premium/Discount to List
$111,000
11.22%
Views
150
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
$72,513
Avg. Annual Appreciation
3.58%
Original Mortgage
$880,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2006
Sold by
Martirosian Wartuhi
Bought by
Martirosian Wartuhi and Mkrtichian Owsanna
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harout Dermendjian And Gayane Dermendjian Liv | $1,100,000 | Chicago Title | |
| Martirosian Wartuhi | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harout Dermendjian And Gayane Dermendjian Liv | $880,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Sold | $1,100,000 | +11.2% | $302 / Sq Ft |
| 06/06/2023 06/06/23 | For Sale | $989,000 | -10.1% | $271 / Sq Ft |
| 06/05/2023 06/05/23 | Off Market | $1,100,000 | -- | -- |
| 05/24/2023 05/24/23 | For Sale | $989,000 | -- | $271 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $17,670 | $1,144,440 | $624,240 | $520,200 |
| 2024 | $17,670 | $1,122,000 | $612,000 | $510,000 |
| 2023 | $13,392 | $794,039 | $372,205 | $421,834 |
| 2022 | $12,945 | $778,470 | $364,907 | $413,563 |
| 2021 | $12,453 | $763,206 | $357,752 | $405,454 |
| 2019 | $11,843 | $740,571 | $347,142 | $393,429 |
| 2018 | $11,968 | $726,051 | $340,336 | $385,715 |
| 2016 | $3,343 | $116,882 | $20,474 | $96,408 |
| 2015 | $3,242 | $115,127 | $20,167 | $94,960 |
| 2014 | $3,235 | $112,872 | $19,772 | $93,100 |
Source: Public Records
Agents Affiliated with this Home
-
Annie Akopyan
-
Vahe Mkhitaryan
Buyer's Agent in 2023
Vahe Mkhitaryan
Arzuman Brothers
(818) 601-0141
1 in this area
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23090362
APN: 5269-012-008
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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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