NOT LISTED FOR SALE

552 S Montebello Blvd Montebello, CA 90640

Montebello Area
32 Beds
18 Baths
14,793 Sq Ft
0.51 Acre Lot

Sale Details

Date Sold: October 17, 2017

Last sale price $3,350,000 $226 Per Sq Ft

14 Days on Market

About This Home

As of October 2017

First time offered For Sale in over 40 Years! This 3-Building Portfolio (that can be sold individually) consists of 18 Units located in Central Montebello. The buildings provide an excellent unit mix of (14) 2 Bedroom + 1 Bathroom units and (4) 1 Bedroom + 1 Bathroom units.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 08/14/2017

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 08/14/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 22,414 Sq Ft Lot

Interior Spaces

  • 14,793 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 18 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 24 Parking Spaces
  • 18 Covered Spaces
  • Covered Parking

Community Details

  • 3 Buildings
  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 6349-032-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.51 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 14793
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 32
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 229.84

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Pool: No

Garage/Parking

  • Other Spaces: 6
  • Covered Parking: 18
  • Parking Garage: Covered Parking, Uncovered
  • Total Parking: 24

Lot Info

  • Assessed Improvement Value: 114305
  • Assessed Land Value: 25242
  • Assessor Parcel Number: 6349-032-015
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 22414

Rental Info

  • Land Lease Type: Fee
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 18
  • Type Of Units: Apartment

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
Aug 14, 2017
Closed on
Oct 12, 2017
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$3,400,000
Sold Price
$3,350,000
Premium/Discount to List
-$50,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$797,223
Interest Rate
3.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 18, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Montebello, CA

  • Albert Soto Real Estate Agent - True Inmobiliaria

    Albert Soto

    True Inmobiliaria

    (657) 279-5316

    91 Total Sales

    2 in Montebello

    $1,210,000 Price Range

    Albert Soto
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  • Joshua Glaz Real Estate Agent - The Ave

    Joshua Glaz

    The Ave

    (657) 325-8448

    256 Total Sales

    4 in Montebello

    $618K - $1.2M Price Range

    Joshua Glaz
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  • HK

    Harry Khayalian

    Lucent Properties

    (626) 316-6867

    14 Total Sales

    1 in Montebello

    $629,000 Price

    Harry Khayalian
     Section Image
  • Mark Lear Real Estate Agent - WERE Real Estate Inc

    Mark Lear

    WERE Real Estate Inc

    (657) 223-8121

    353 Total Sales

    1 in Montebello

    $590,000 Price

    Mark Lear
     Section Image
  • Rudy Kusuma Real Estate Agent - LPT Realty, Inc

    Rudy Kusuma

    LPT Realty, Inc

    (916) 249-4078

    153 Total Sales

    3 in Montebello

    $505K - $1M Price Range

    Rudy Kusuma
     Section Image
  • Arthur Ambarchyan Real Estate Agent - Keller Williams R. E. Services

    Arthur Ambarchyan

    Responds Quickly

    Keller Williams R. E. Services

    (747) 271-1402

    80 Total Sales

    1 in Montebello

    $810,000 Price

    Arthur Ambarchyan
     Section Image
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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
$3,350,000 Fidelity National Title
-- --
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
Closed $460,000
Open $975,000
Closed $2,960,000
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
10/17/2017 10/17/17 Sold $3,350,000 -1.5% $226 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $3,400,000 -- $230 / 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 $23,707 $1,643,156 $739,587 $903,569
2024 $23,390 $1,610,938 $725,086 $885,852
2023 $23,369 $1,579,352 $710,869 $868,483
2022 $22,603 $1,548,385 $696,931 $851,454
2021 $21,855 $1,518,025 $683,266 $834,759
2019 $21,039 $1,473,000 $663,000 $810,000
2018 $16,931 $1,118,000 $500,000 $618,000
2016 $3,199 $139,547 $25,242 $114,305
2015 $3,069 $137,452 $24,863 $112,589
2014 $3,067 $134,760 $24,376 $110,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-260670

The MLS
California Los Angeles County Montebello 90640

552 S Montebello Blvd, Montebello, CA

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The MLS © 2026 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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