$950,000
SOLD FEB 23, 2023

608 N Garfield Ave Montebello, CA 90640

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

Recently Sold

$358 Per Sq Ft

21% Below List Price

64 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Rectangular Lot
  • Private Yard

About This Home

As of January 2025

Hard to find a fully rented fourplex in the City of Montebello. The property features (three) 1 bedroom /1
bath units and (one) 2 bedroom/1 bath unit. One car garage for each unit. Ample street parking. . Laundry
facility onsite. Close to freeways, schools, shopping, Montebello golf course, public transportation, and more! ***DRIVE-BY ONLY!!! PLEASE DO NOT DISTURB THE TENANTS OR WALK THE PROPERTY***

Last Agent to Sell the Property

JUNICHI ARAKI

MASTERS REALTY License #01025654 Listed on: 11/28/2022

MASTERS REALTY

Last Buyer's Agent

Felix Esqueda

Just Sold Real Estate Group License #02019668

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,476

Year Built

  • Built in 1954

Lot Details

  • 5,564 Sq Ft Lot
  • Rectangular Lot
  • Private Yard
  • Property is zoned MNR3YY

Parking

  • 4 Car Garage

Home Design

  • 2,656 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 15386
  • Assessor Parcel Number 5268004009
  • $2,138 per year additional tax assessments

Community Details

Overview

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,476

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Jun
  • Other Phone Number: 6265123767
  • Price Per Unit: 300000
  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: MNR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5268004009
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 357.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit, Yard
  • Lot Size Sq Ft: 5564.00
  • Lot Size Acres: 0.1277

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 41760.00
  • Gross Scheduled Income: 41760.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5564.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4000.00
  • Rent Control: No
  • Total Expenses: 4000.00

Tax Info

  • Tax Census Tract: 5302.03
  • Tax Lot: 20
  • Tax Tract Number: 15386
  • TaxOtherAnnualAssessmentAmount: 2138.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Medrano Eric
Bought by
Muratalla Sebastian Xavier
Current Estimated Value
$1,056,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.6%
Mortgage Type
VA

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 26, 2023
Sold by
Ikumura Trust
Bought by
Medrano Eric
Seller's Agent
JUNICHI ARAKI
MASTERS REALTY
Buyer's Agent
Felix Esqueda
Just Sold Real Estate Group
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$624,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 12, 2023
Sold by
Okumura Trust and Oyama Eilene Tomoko
Bought by
Okumura Trust and Oyama
Seller's Agent
JUNICHI ARAKI
MASTERS REALTY
Buyer's Agent
Felix Esqueda
Just Sold Real Estate Group
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

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

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
Apr 26, 1996
Sold by
Bailey Jon D
Bought by
Foster James F and Hunter Mead K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
8.25%
Mortgage Type
Balloon
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

Date Type Sale Price Title Company
Grant Deed $1,050,000 Fidelity National Title
Grant Deed $950,000 Fidelity National Title
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $216,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,050,000 VA
Previous Owner $624,000 New Conventional
Previous Owner $194,400 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $1,050,000 +5.0% $395 / Sq Ft
11/21/2024 11/21/24 For Sale $999,700 -4.8% $376 / Sq Ft
11/20/2024 11/20/24 Off Market $1,050,000 -- --
11/18/2024 11/18/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $999,700 +5.2% $376 / Sq Ft
02/23/2023 02/23/23 Sold $950,000 -20.8% $358 / Sq Ft
11/28/2022 11/28/22 For Sale $1,200,000 -- $452 / 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 $15,476 $988,380 $582,624 $405,756
2024 $15,476 $969,000 $571,200 $397,800
2023 $3,411 $77,417 $17,356 $60,061
2022 $3,302 $75,900 $17,016 $58,884
2021 $3,132 $74,413 $16,683 $57,730
2019 $2,888 $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: WS22247753

California Regional Multiple Listing Service (CRMLS)

APN: 5268-004-009