NOT LISTED FOR SALE
11 Beds
8 Baths
5,594 Sq Ft
8,594 Sq Ft Lot

Sale Details

Date Sold: March 6, 2015

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

129 Days on Market

Highlights

  • Dual Staircase
  • Laundry Facilities
  • Wall Furnace
  • No HOA

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

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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

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

8,594 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 4.02
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,262 $1,483,312 $593,324 $889,988
2025 $21,262 $1,454,229 $581,691 $872,538
2024 $20,965 $1,425,716 $570,286 $855,430
2023 $20,944 $1,397,761 $559,104 $838,657
2022 $20,263 $1,370,355 $548,142 $822,213
2021 $19,594 $1,343,487 $537,395 $806,092
2020 $19,444 $1,329,712 $531,885 $797,827
2019 $18,859 $1,303,640 $521,456 $782,184
2018 $19,171 $1,278,080 $511,232 $766,848
2016 $18,290 $1,228,452 $491,381 $737,071
2015 $7,559 $475,168 $144,179 $330,989
2014 $7,485 $465,861 $141,355 $324,506
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14219872

California Regional Multiple Listing Service (CRMLS)
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