Seller's Agent in 2021
Shant Sherbetdjian
RE/MAX
(626) 657-8135
11 in this area
54 Total Sales
520 N 3rd St Montebello, CA 90640
Estimated Value: $968,000 - $1,390,000
5
Beds
4
Baths
2,999
Sq Ft
$381/Sq Ft
Est. Value
About This Home
As of July 2021It is our great pleasure to present for the sale the North 3rd Street Apartments. A true trophy investment that's been family built, owned and operated for over 67 years! This beautifully maintained multi-family asset provides an excellent unit mix of ONE (2 Bedroom), TWO (1 Bedroom) and ONE (Studio) units. The property is located on north 3rd Street (Between Beverly Blvd and Victoria Ave). The new owner will benefit from the extremely desirable and sought after rental market of this North Montebello Neighborhood, capturing a tremendous rental upside potential of +/- 219%*. The property has great characteristics such as single story construction, a low density layout, garage parking for most units and many recent capital improvements. This property sits on a quiet street close to a majority of single family homes. Tenants enjoy the ease and comfort knowing they are conveniently near many shops and restaurants on West Beverly Blvd and North Montebello Blvd. The property is fully occupied, so please do not disturb tenants and do not walk on property, your discretion is greatly appreciated.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01713570 Listed on: 06/14/2021
Last Buyer's Agent
Remax Commercial and Investment Realty License #01713570 Listed on: 06/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,752
Year Built
- Built in 1954
Lot Details
- 7,404 Sq Ft Lot
Parking
- 3 Car Garage
Interior Spaces
- 2,999 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5269-013-059
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2021
Closed on
Jul 7, 2021
Sold by
Depietro Susan Carol
Bought by
Gonzalez Elizabeth
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$995,000
Sold Price
$1,015,000
Premium/Discount to List
$20,000
2.01%
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
$126,438
Purchase Details
Closed on
May 27, 2020
Sold by
Depietro Susan Carol and Depietro Joseph
Bought by
Depietro Susan Carol
Purchase Details
Closed on
Feb 11, 2020
Sold by
Schiffhauer Clara Therese
Bought by
Pietro Susan Carol De and Pietro Joseph
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 |
|---|---|---|---|
| Gonzalez Elizabeth | $1,015,000 | Chicago Title Company | |
| Depietro Susan Carol | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2021 07/14/21 | Sold | $1,015,000 | +2.0% | $338 / Sq Ft |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- |
| 06/14/2021 06/14/21 | For Sale | $995,000 | -- | $332 / Sq Ft |
Source: The MLS
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 | $16,752 | $1,077,125 | $636,724 | $440,401 |
| 2024 | $16,752 | $1,056,006 | $624,240 | $431,766 |
| 2023 | $16,679 | $1,035,300 | $612,000 | $423,300 |
| 2022 | $16,120 | $1,015,000 | $600,000 | $415,000 |
| 2021 | $3,226 | $80,955 | $25,037 | $55,918 |
| 2020 | $3,023 | $80,126 | $24,781 | $55,345 |
| 2019 | $2,980 | $78,556 | $24,296 | $54,260 |
| 2018 | $2,840 | $77,017 | $23,820 | $53,197 |
| 2016 | $2,729 | $74,028 | $22,896 | $51,132 |
| 2015 | $2,662 | $72,917 | $22,553 | $50,364 |
| 2014 | $2,665 | $71,490 | $22,112 | $49,378 |
Source: Public Records
Agents Affiliated with this Home
-
Shant Sherbetdjian
Map
Source: The MLS
MLS Number: 21-746854
APN: 5269-013-059
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.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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