NOT LISTED FOR SALE

609 Jacmar Dr Montebello, CA 90640

8 Beds
5 Baths
3,410 Sq Ft
6,506 Sq Ft Lot

Last Sold July 25, 2023

Last sale price $1,075,000 $315 Per Sq Ft

58 Days on Market

Highlights

  • Contemporary Architecture
  • Lawn
  • Hiking Trails
  • Property is near public transit
  • No HOA
  • Laundry Room

About This Home

As of July 2023

This property consists of 3-2 bedroom units with one bath, and 2-1 bedrooms, one bath units. There is a common coin operated laundry room on the ground level along with a 100 gallon central gas water heater. There is covered parking for 5 cars with storage cabinets. Apartments A and B just completed refurnishing. This building is located in a very well-kept area of Montebello near a school north of Washington Blvd. Being built in 1963, the sellers recommend to any new buyers to consider upgrading the plumbing systems. All apartments are occupied at rents below current market levels.
Please show from outside only without disturbing the tenants. Current rents are all month-to-month: Offers can be submitted subject to approval of interior of the units. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Dov Sandler

HERITAGE BROKERS License #00418138 Listed on: 05/01/2023

Last Buyer's Agent

Felipe Acuna

CENTURY 21 REALTY MASTERS License #01066186

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1963

Lot Details

  • 6,506 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Fence is in average condition
  • Landscaped
  • Paved or Partially Paved Lot
  • No Sprinklers
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Asbestos Shingle Roof

Interior Spaces

  • 3,410 Sq Ft Home
  • 2-Story Property
  • Casement Windows

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer
  • 220 Volts In Laundry

Parking

  • 5 Car Garage
  • 5 Attached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 85
  • Tax Tract Number 49972
  • Assessor Parcel Number 6352028022

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Recreation

  • Hiking Trails

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $493
  • Fuel Expense $2,328
  • Gardener Expense $360
  • Insurance Expense $1,590
  • Professional Management Expense $4,925
  • Trash Expense $360
  • Water Sewer Expense $1,896
  • Operating Expense $12,167
  • Gross Income $70,620
  • Net Operating Income $59,209

Property Details

Home Type

Co-Op

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 4925.00
  • Property Attached: Yes
  • Road Frontage Type: Access Road
  • Road Surface Type: Paved
  • Subdivision Name Other: El Carmel Tract
  • View: No
  • Water Sewer Expenses: 1896.00
  • Zoning: R-3
  • Architectural Style: Contemporary
  • Property Condition: Building Permit
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6352028022
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Concrete, Vinyl
  • Entry Level: 1
  • Price Per Square Foot: 315.25
  • Window Features: Casement Windows

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Carport, Attached Carport, Covered, Concrete
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater Central
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Co-Ownership
  • Community Features: Curbs, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Elevation: 50 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Near Public Transit, Paved, Sprinklers None
  • Lot Size: 60x135
  • Lot Size Sq Ft: 6506.00
  • Lot Size Acres: 0.1494

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 825 Square Feet
  • Electric Expense: 493.00
  • Fuel Expense: 2328.00
  • Gross Income: 70620.00
  • Gross Operating Income: 67089.00
  • Gross Scheduled Income: 70620.00
  • Insurance Expense: 1590.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 900.00
  • Lot Size Area: 6506.0000 Square Feet
  • Net Operating Income: 59209.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 7880.00
  • Rent Control: Yes
  • Total Actual Rent: 70620.00
  • Total Expenses: 12167.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 6352-028-023
  • Tax Lot: 85
  • Tax Tract: 6352
  • Tax Tract Number: 49972

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $1,075,000 -12.2% $315 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $1,225,000 -5.4% $359 / Sq Ft
05/19/2023 05/19/23 For Sale $1,295,000 0.0% $380 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $1,295,000 -- $380 / 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 $17,880 $1,096,500 $714,000 $382,500
2024 $17,880 $1,075,000 $700,000 $375,000
2023 $4,959 $120,363 $21,654 $98,709
2022 $4,813 $118,004 $21,230 $96,774
2021 $4,590 $115,691 $20,814 $94,877
2019 $4,274 $112,262 $20,198 $92,064
2018 $4,164 $110,061 $19,802 $90,259
2016 $3,977 $105,789 $19,034 $86,755
2015 $3,878 $104,201 $18,749 $85,452
2014 $3,878 $102,161 $18,382 $83,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23073683

California Regional Multiple Listing Service (CRMLS)