SOLD JAN 3, 2024
RENTED DEC 6, 2024
537 S 6th St Montebello, CA 90640
5
Beds
5
Baths
3,220
Sq Ft
5,752
Sq Ft Lot
Highlights
- Lawn
- Level Lot
- 5-minute walk to Reggie Rodriguez Park
- Laundry Room
About This Home
As of January 2024!!!! Priced to Sell ,Incredible opportunity to own this Large Very Unique four-plex property in the heart of Montebello with over 3200+ Sqft of living Space , The Front Unit is a Spacious 2 Story -2 Bedroom with 1 3/4 bath with its own Front and Back Private Yard that Would be perfect for an owner-occupier who wants to live on site and collect rental income from the 3 Additional Units that consist of 1 Br & 1 bath Very Spacious, In Addition there is a Coin Operate Laundry facility on the Premises that Produce additional Monthly Income, Very Low Maintenance Plenty of Parking spaces to accommodate all Tenants, Bring your Paint and Brush to this Property that has great upside potential for new owner with value add opportunities. * Rental income is based on actual rent of 4 Units !!!!!!!!!!!!Close to all Shopping Centers, and Fwys!!!!!!!!!!! !!!!!!!!!!!Hurry Wont Last!!!!!!!!!!!!
Last Agent to Sell the Property
Century 21 Allstars License #01223544 Listed on: 11/08/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,270
Year Built
- Built in 1960
Lot Details
- 5,752 Sq Ft Lot
- No Common Walls
- Level Lot
- Lawn
Home Design
- Quadruplex
Interior Spaces
- 3,220 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Carport Spaces
Location
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4
- Tax Tract Number 19220
- Assessor Parcel Number 6349032004
- $870 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $356
- Fuel Expense $571
- Gardener Expense $650
- Water Sewer Expense $2,026
- New Taxes Expense $11,612
- Operating Expense $15,215
- Net Operating Income $41,281
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2023
Closed on
Dec 14, 2023
Sold by
Fernando And Adriana Arreola Trust
Bought by
Servin Omar Omar Alejand and Servin Mayra Veronica
Seller's Agent
Memo Gamboa
Century 21 Allstars
Buyer's Agent
Gabriela Ruiz
Excellence RE Real Estate
List Price
$929,000
Sold Price
$935,000
Premium/Discount to List
$6,000
0.65%
Views
83
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
$55,610
Avg. Annual Appreciation
3.75%
Original Mortgage
$701,250
Outstanding Balance
$690,355
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$300,255
Purchase Details
Closed on
Feb 2, 2018
Sold by
Arreola Fernando
Bought by
Arreola Fernando V and Arreola Adrlana M
Purchase Details
Closed on
Jun 17, 2005
Sold by
Nava Lupe
Bought by
Arreola Fernando and Arreola Adriana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2004
Sold by
Nava Lupe
Bought by
Nava Lupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2004
Sold by
Bigelow Nancy J
Bought by
Askar Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 27, 2002
Sold by
Tran Dat
Bought by
Nava Lupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.79%
Similar Homes in Montebello, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $935,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $655,000 | North American Title Co | |
| Interfamily Deed Transfer | -- | Gateway Title | |
| Individual Deed | $245,000 | -- | |
| Grant Deed | $400,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $701,250 | New Conventional | |
| Previous Owner | $505,052 | New Conventional | |
| Previous Owner | $539,600 | New Conventional | |
| Previous Owner | $548,500 | Unknown | |
| Previous Owner | $524,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $372,000 | New Conventional | |
| Previous Owner | $49,000 | Purchase Money Mortgage | |
| Previous Owner | $320,000 | No Value Available | |
| Closed | $40,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Rented | $2,750 | -5.2% | -- |
| 11/08/2024 11/08/24 | Price Changed | $2,900 | -3.3% | $2 / Sq Ft |
| 10/21/2024 10/21/24 | For Rent | $3,000 | 0.0% | -- |
| 01/03/2024 01/03/24 | Sold | $935,000 | +0.6% | $290 / Sq Ft |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | For Sale | $929,000 | -- | $289 / 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 | $13,270 | $953,700 | $510,000 | $443,700 |
| 2024 | $13,270 | $918,000 | $459,000 | $459,000 |
| 2023 | $12,712 | $860,338 | $361,473 | $498,865 |
| 2022 | $12,290 | $843,470 | $354,386 | $489,084 |
| 2021 | $11,879 | $826,933 | $347,438 | $479,495 |
| 2019 | $11,426 | $802,408 | $337,134 | $465,274 |
| 2018 | $11,617 | $786,675 | $330,524 | $456,151 |
| 2016 | $11,104 | $756,130 | $317,691 | $438,439 |
| 2015 | $9,232 | $650,000 | $273,100 | $376,900 |
| 2014 | $8,616 | $600,000 | $252,100 | $347,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Jeannie Rothfuss
Seven Gables Real Estate
(714) 926-7834
26 Total Sales
-
M
Seller's Agent in 2024
Memo Gamboa
Century 21 Allstars
(562) 863-2121
1 in this area
23 Total Sales
-
Buyer's Agent in 2024
Gabriela Ruiz
Excellence RE Real Estate
(562) 244-0623
2 in this area
131 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23207680
APN: 6349-032-004
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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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