$1,038,888
SOLD APR 9, 2025

604 N Garfield Ave Montebello, CA 90640

5 Beds
4 Baths
2,656 Sq Ft
5,564 Sq Ft Lot

Recently Sold

$391 Per Sq Ft

4% Above List Price

12 Days on Market

About This Home

As of April 2025

Welcome to 604 N Garfield Ave, Montebello, CA 90640—a prime investment opportunity in the heart of Montebello. This four-plex offers a total of 2,656 square feet of living space on a 5,564 square foot lot. The property comprises (three) 1 bedroom / 1 bath units and (one) 2 bedroom / 1 bath unit upstairs. Each unit has a garage for parking and storage. All units are occupied with reliable income. Laundry facility onsite for additional income. Ample street parking in front. Situated in a desirable Montebello neighborhood, this property is conveniently located near schools, shopping centers, and major freeways, ensuring easy access to all that the area has to offer. ***DRIVE-BY ONLY!!! PLEASE DO NOT DISTRUB THE TENANTS OR WALK THE PROPERTY***

Last Agent to Sell the Property

Reid Shigeno

Lemongrass Realty Brokerage Phone: 714-319-6686 License #01951258 Listed on: 02/06/2025

Last Buyer's Agent

Milan Lai

Pinnacle Real Estate Group License #01514674

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1954

Lot Details

  • 5,564 Sq Ft Lot
  • Two or More Common Walls
  • Density is 31-35 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 15386
  • Assessor Parcel Number 5268004010

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $138
  • Fuel Expense $256
  • Gardener Expense $700
  • Insurance Expense $1,200
  • Trash Expense $1,000
  • Water Sewer Expense $2,072
  • Operating Expense $5,446
  • Gross Income $64,020
  • Net Operating Income $58,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 250000
  • Property Attached: Yes
  • Water Sewer Expenses: 2072.00
  • Zoning: MNR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 5268004010
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground/1/2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 391.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1000.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 5564.00
  • Lot Size Acres: 0.1277

Multi Family

  • Electric Expense: 138.00
  • Fuel Expense: 256.00
  • Gross Income: 64020.00
  • Gross Scheduled Income: 64020.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5564.0000 Square Feet
  • Net Operating Income: 58574.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5446.00
  • Rent Control: No
  • Total Actual Rent: 64020.00
  • Total Expenses: 5446.00

Tax Info

  • Tax Census Tract: 5302.03
  • Tax Lot: 21
  • Tax Tract Number: 15386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 28, 2025
Sold by
Yamaguchi Jean Reiko and Okumura Trust
Bought by
Tang Richard and Odom Irene H
Seller's Agent
Reid Shigeno
Lemongrass Realty
Buyer's Agent
Milan Lai
Pinnacle Real Estate Group
List Price
$1,000,000
Sold Price
$1,038,888
Premium/Discount to List
$38,888
3.89%
Views
33
Current Estimated Value
$1,036,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,874
Avg. Annual Appreciation
0.30%
Original Mortgage
$620,000
Outstanding Balance
$617,851
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$422,089

Purchase Details

Closed on
Mar 8, 2012
Sold by
Yamaguchi Jean Reiko and Oyama Eilene Tomoko
Bought by
Yamaguchi Jean Reiko

Purchase Details

Closed on
Sep 4, 2007
Sold by
Okumura Shigeru and Okumura Trust
Bought by
Okumura Shigeru and Sub Trust A

Purchase Details

Closed on
Feb 1, 2007
Sold by
The Okumura Trust
Bought by
Okumura Shigeru
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,039,000 California Best Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $1,038,888 +3.9% $391 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $1,000,000 -- $377 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,492 $80,544 $18,057 $62,487
2024 $3,492 $78,965 $17,703 $61,262
2023 $3,423 $77,417 $17,356 $60,061
2022 $3,314 $75,900 $17,016 $58,884
2021 $3,144 $74,413 $16,683 $57,730
2019 $2,901 $72,208 $16,189 $56,019
2018 $2,812 $70,793 $15,872 $54,921
2016 $2,710 $68,046 $15,256 $52,790
2015 $2,643 $67,025 $15,027 $51,998
2014 $2,647 $65,713 $14,733 $50,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25027491

California Regional Multiple Listing Service (CRMLS)

APN: 5268-004-010