Justin Quemada
RE/MAX TOP PRODUCERS
(626) 653-4279
51 Total Sales
1 in Montebello
$985,000 Price
628 Via Altamira Montebello, CA 90640
Montebello Area
2
Beds
6
Baths
2,887
Sq Ft
8,020
Sq Ft Lot
Highlights
- Laundry Facilities
- West Facing Home
- Wall Furnace
About This Home
As of June 2022Fantastic 6 Unit Multi-Family Investment opportunity in northern Montebello and NON RENT-CONTOL. This property consists of two (2) Spacious 1 bedroom/1 bath units and four (4) Large studio units spread across 2,887 square feet of building space situated on a 8,020 square foot lot. This NON RENT CONTROL asset with a unique mix of studio and one bedroom units holds a stable occupancy history and strong in-place rents with realistic upside. Centrally located in densely populated neighborhood, freeway close, surrounded by major retailers and businesses. There is also on-site laundry for added income. Well Maintained and managed. Grab it while rate are still low!
Last Agent to Sell the Property
LPT Realty, Inc License #02039867 Listed on: 03/03/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 8,020 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
- Parking Available
Home Design
- 2,887 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 6 Bathrooms
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 24799
- Assessor Parcel Number 5268005011
- $1,424 per year additional tax assessments
Community Details
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $420
- Fuel Expense $380
- Insurance Expense $1,300
- Professional Management Expense $4,027
- Trash Expense $2,880
- Water Sewer Expense $3,147
- Operating Expense $12,154
- Gross Income $80,544
- Net Operating Income $56,423
Additional Features
- 6 Units
- Laundry Facilities
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
Closed on
Nov 3, 2022
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 2022
Sold by
Bought by
Purchase Details
Listed on
Jun 24, 2016
Closed on
Aug 30, 2016
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Polly Wong
Premier Investors R.E., Inc.
List Price
$925,000
Sold Price
$865,000
Premium/Discount to List
-$60,000
-6.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 23, 2015
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
$525,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 15, 2014
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Montebello, CA
-
Justin Quemada
-
Lan 'Gloria' Xiao
Lan 'Gloria' Xiao
Responds QuicklyRE/MAX ELITE REALTY
(562) 600-8264
116 Total Sales
4 in Montebello
$8K - $830K Price Range
-
Magdalena Aguilar
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
(213) 296-1973
78 Total Sales
1 in Montebello
$660,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
128 Total Sales
1 in Montebello
$870,000 Price
-
Jane Xue Li
Jane Xue Li
Coldwell Banker Envision
(626) 693-3275
39 Total Sales
2 in Montebello
$625K - $878K Price Range
-
Robert Paez
Robert Paez
PAEZ REALTY COMPANY
(909) 347-5160
123 Total Sales
2 in Montebello
$165,000 Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $715,000 | Clearmark Title | ||
| $865,000 | Fidelity National Title Co | ||
| $700,000 | Fidelity National Title Co | ||
| -- | None Available |
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 |
|---|---|---|---|
| Previous Owner | $630,000 | ||
| Previous Owner | $525,000 | ||
| Previous Owner | $525,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/08/2022 06/08/22 | Sold | $1,345,000 | 0.0% | $466 / Sq Ft | |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- | |
| 04/13/2022 04/13/22 | For Sale | $1,345,000 | 0.0% | $466 / Sq Ft | |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | $1,345,000 | +55.5% | $466 / Sq Ft | |
| 09/08/2016 09/08/16 | Sold | $865,000 | -6.5% | $300 / Sq Ft | View Prior Sale |
| 08/04/2016 08/04/16 | Pending | -- | -- | -- | |
| 06/24/2016 06/24/16 | For Sale | $925,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $20,229 | $1,399,338 | $832,320 | $567,018 |
| 2024 | $20,052 | $1,371,900 | $816,000 | $555,900 |
| 2023 | $19,982 | $1,345,000 | $800,000 | $545,000 |
| 2022 | $14,283 | $946,002 | $399,179 | $546,823 |
| 2021 | $13,824 | $927,453 | $391,352 | $536,101 |
| 2020 | $13,721 | $919,064 | $387,340 | $531,724 |
| 2019 | $13,313 | $901,066 | $379,746 | $521,320 |
| 2018 | $13,536 | $883,420 | $372,300 | $511,120 |
| 2016 | $10,869 | $700,000 | $400,000 | $300,000 |
| 2015 | $2,394 | $93,175 | $18,332 | $74,843 |
| 2014 | $2,401 | $91,350 | $17,973 | $73,377 |
Source: Public Records
Agents Affiliated with this Home
-
Rossopher Thiers
R
Seller's Agent in 2022
Rossopher Thiers
LPT Realty, Inc
(626) 789-0159
17 Total Sales
-
Shant Sherbetdjian
Seller's Agent in 2016
Shant Sherbetdjian
RE/MAX
(626) 657-8135
64 Total Sales
-
Polly Wong
P
Buyer's Agent in 2016
Polly Wong
Premier Investors R.E., Inc.
(626) 279-6938
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR22042105
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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