NOT LISTED FOR SALE
11 Beds
8 Baths
6,858 Sq Ft
10,429 Sq Ft Lot

Sale Details

Date Sold: February 13, 2015

Last sale price $1,480,000 $216 Per Sq Ft

75 Days on Market

About This Home

As of February 2015

We are pleased to present for sale 9 Units on South 6th Street in Central Montebello. The units are comprised of (One) 3 Bedroom 2.5 Bath Two-Story Town-Home, (One) 2 Bedroom 1 Bath, (Six) 1 Bedroom 1 Bath and (One) Non-Conforming Studio. Property is legally 8 units. The property has been extensively remodeled with too many capital improvements to list. The plumbing is all copper - horizontal & vertical. The laundry machines are owned by the landlord and not on a lease.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 10/03/2014

Co-Listed By

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010

Last Buyer's Agent

Johnny Lam

License #01064582

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 10,429 Sq Ft Lot
  • East Facing Home

Interior Spaces

  • 6,858 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Parking

  • 11 Parking Spaces
  • 11 Carport Spaces

Utilities

  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 9 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 6349-022-050

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

10,429 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6858
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Common Walls: Attached
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 223.83

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 11
  • Covered Parking: 11
  • Parking Garage: Covered Parking
  • Total Parking: 11

Utilities

  • Water Heater: Gas
  • Electric Expense: 989.00
  • Sewer: In Street
  • Water: District
  • Water Expense: 918.00

Fee Information

  • Gas Expense: 3068.00
  • Insurance Expense: 2400.00
  • Trash Expense: 1242.00

Lot Info

  • Assessed Improvement Value: 510000
  • Assessed Land Value: 408000
  • Assessor Parcel Number: 6349-022-050
  • Geocode Override: No
  • Lot Size Area: 10429

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 9
  • Rent Control: 0
  • Type Of Units: 9

Tax Info

  • Tax Expense: 19850.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Feb 2, 2015
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Johnny Lam
List Price
$1,535,000
Sold Price
$1,480,000
Premium/Discount to List
-$55,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
0.0366%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
0.0393%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,480,000 Fntc
-- None Available
$900,009 Fidelity National Title Co
-- Fidelity National Title Co
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,100,000
Closed $775,000
Previous Owner $675,000
Source: Public Records

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
02/13/2015 02/13/15 Sold $1,480,000 -3.6% $216 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $1,535,000 -- $224 / Sq Ft
Source: The MLS

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
2025 $26,007 $1,778,729 $711,491 $1,067,238
2024 $25,652 $1,743,853 $697,541 $1,046,312
2023 $25,625 $1,709,661 $683,864 $1,025,797
2022 $24,791 $1,676,139 $670,455 $1,005,684
2021 $23,971 $1,643,274 $657,309 $985,965
2019 $23,072 $1,594,536 $637,814 $956,722
2018 $23,433 $1,563,271 $625,308 $937,963
2016 $22,364 $1,502,570 $601,028 $901,542
2015 $13,995 $940,591 $418,040 $522,551
2014 -- $922,167 $409,852 $512,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-799359

The MLS
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