NOT LISTED FOR SALE

520 N 21st St Montebello, CA 90640

11 Beds
8 Baths
5,594 Sq Ft
8,594 Sq Ft Lot

Last Sold March 06, 2015

Last sale price $2,450,000 $438 Per Sq Ft

129 Days on Market

Highlights

  • Dual Staircase
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Laundry Room

About This Home

As of March 2015

516-520 N. 21st street. 2 parcels side by side with each having 6 units. prestige properties in North Montebello. The units consist of Two-3 bedrooms and 2 bathrooms, Eight-2 bedrooms and 1 bathroom and Two-bachelors with bathrooms. These properties are in excellent condition and are NOT RENT CONTROL. Both building need to sell together. Do not contact or bother tenants. This is a well maintained property and a fantastic investment opportunity for your buyers or investors. structures together is 11,188 square feet and parcels together is 17,194 Square Feet. Seller is related to Realtor.

Last Agent to Sell the Property

Abraham Garnica

Excellence RE Real Estate, Inc. License #01190292 Listed on: 10/13/2014

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Tino Gudino

SECURITY REAL ESTATE CO. License #00622576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1960

Lot Details

  • 8,594 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 5,594 Sq Ft Home
  • Dual Staircase
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 24526
  • Assessor Parcel Number 5294010012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 12 Separate Water Meters
  • Electric Expense $3,000
  • Fuel Expense $3,000
  • Gardener Expense $1,560
  • Insurance Expense $2,200
  • Maintenance Expense $2,000
  • Trash Expense $1,488
  • Water Sewer Expense $4,800
  • New Taxes Expense $33,800
  • Operating Expense $51,848
  • Gross Income $13,610
  • Net Operating Income $104,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,816

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.02
  • Other Phone Description: 562-755-7696
  • Property Attached: Yes
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 5294010012
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 437.97

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1488.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 8594.00
  • Lot Size Acres: 0.1970

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 3000.00
  • Gross Income: 13610.00
  • Gross Multiplier: 15.90
  • Gross Scheduled Income: 163320.00
  • Insurance Expense: 2200.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 200.00
  • Lot Size Area: 8594.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 104472.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12
  • Number Of Units Total: 12
  • Operating Expense: 4428.00
  • Rent Control: No
  • Total Expenses: 51848.00

Tax Info

  • New Taxes Expense: 33800.00
  • Tax Lot: 30
  • Tax Tract Number: 24526
  • Tax Annual Amount: 2816.00
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $2,450,000 -5.8% $438 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $2,600,000 -- $465 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Abraham Garnica

    Seller's Agent in 2015

    Abraham Garnica

    Excellence RE Real Estate, Inc.

    (562) 948-4553

    1 in this area

    3 Total Sales

    Abraham Garnica
    Section Image

  • T

    Buyer's Agent in 2015

    Tino Gudino

    SECURITY REAL ESTATE CO.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14219872

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Montebello 90640

520 N 21st St, Montebello, CA

This home is located at 520 N 21st St, Montebello, CA 90640 since 13 October 2014. This property was built in 1960. 520 N 21st St is a home located in Los Angeles County with nearby schools including Wilcox Elementary School, Eastmont Intermediate School, and Schurr High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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