NOT LISTED FOR SALE
5 Beds
5 Baths
2,100 Sq Ft
6,691 Sq Ft Lot

Sale Details

Date Sold: October 1, 2016

Last sale price $510,000 $243 Per Sq Ft

8 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Resident Manager or Management On Site
  • All Bedrooms Downstairs
  • Bamboo Flooring
  • West Facing Home

About This Home

As of October 2016

Location, Location, Location. Great 5-1 Bedroom and 1 bath investment opportunity. Units are in good condition, needs little or no work done to them. Property is next to everything, shopping centers, schools and blocks away from city of Montebello. PLEASE, ABSOLUTLY DO NOT DISTURB TENANTS, DRIVE ONLY. SHOWING IS WITH SUBJECT TO ACCEPTED OFFER ONLY. PLEASE, FIRST HAVE YOUR BUYER GET CROSSED QUALIFIED WITH . Seller may choose to do a 1031 Exchsnge But will not affect the closing of the transaction on time. THANKS FOR SHOWING.

Last Agent to Sell the Property

HECTOR MEDINA

CENTURY 21 REALTY MASTERS License #01232606 Listed on: 07/24/2016

Last Buyer's Agent

HECTOR MEDINA

CENTURY 21 REALTY MASTERS License #01232606 Listed on: 07/24/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,691 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • West Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Fence is in average condition
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,100 Sq Ft Home
  • Window Screens
  • Fire and Smoke Detector

Flooring

  • Bamboo
  • Carpet
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 748
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342024006

Community Details

Overview

  • Master Insurance
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $20
  • Insurance Expense $1,617
  • Professional Management Expense $3,000
  • Trash Expense $1,620
  • Water Sewer Expense $1,284
  • New Taxes Expense $5,884
  • Gross Income $4,600
  • Net Operating Income $37,895

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,691 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Security: Resident Manager, Smoke Detector(s)
  • Water Sewer Expenses: 1284.00
  • Property Type: Residential Income
  • Parcel Number: 6342024006
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Unfurnished
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Bamboo, Carpet, Stone, Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 242.86
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fencing: Average Condition, Block, Partial
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Trash Expense: 1620.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Insurance, Management, Sewer, Trash
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 6691.00
  • Price Per Lot Square Foot: 76.22

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 20.00
  • Gross Income: 4600.00
  • Gross Scheduled Income: 48300.00
  • Insurance Expense: 1617.00
  • Net Operating Income: 37895.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 10405.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5884.00
  • Tax Lot: 748
  • Tax Tract Number: 5445

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
Sep 18, 2020
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
$520,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2002
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
$191,250
Interest Rate
0.0678%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2002
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
$191,250
Interest Rate
0.0678%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1997
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Fidelity National Title Co
$510,000 None Available
-- None Available
-- Fidelity National Title Co
$260,000 Fidelity National Title Co
-- --
-- --
-- --
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
Open $520,000
Previous Owner $191,250
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
10/01/2016 10/01/16 Sold $510,000 0.0% $243 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/24/2016 07/24/16 For Sale $510,000 -- $243 / 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 $9,785 $591,893 $326,122 $265,771
2024 $9,486 $580,288 $319,728 $260,560
2023 $9,417 $568,910 $313,459 $255,451
2022 $9,151 $557,756 $307,313 $250,443
2021 $8,892 $546,821 $301,288 $245,533
2019 $8,615 $531,603 $292,352 $239,251
2018 $8,679 $521,200 $286,620 $234,580
2016 $6,156 $318,089 $152,927 $165,162
2015 $5,895 $313,312 $150,630 $162,682
2014 $5,862 $307,176 $147,680 $159,496
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16163205

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.