Seller's Agent in 2016
Talia Lai
Pinnacle Real Estate Group
(626) 926-0236
17 Total Sales
717 Via Altamira Montebello, CA 90640
Estimated Value: $1,030,000 - $1,142,000
5
Beds
4
Baths
2,654
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- No Units Above
- Fireplace in Bathroom
- Wrought Iron Fence
- Peek-A-Boo Views
- No HOA
- Rectangular Lot
About This Home
As of June 2016Back to market as buyer does not perform. To own rather than rent! Live in one and collect rent from the others to help the mortgage payment. Subject property is a 4-plex with no Rent Control. There is no unit above each other. 3 units (1 bedroom 1 bath) are on ground level with steps to entry. All units had been remodeled with granite counter tops, Wood cabinets in kitchen, granite vanity tops in bathrooms in 2009. 3 units have engineered wood floor throughout most of the interior, one unit has carpet throughout. Tiles in kitchen and bath areas. Each unit has its own water heater and assigned one-car garage. Garage doors were replaced during 2010 - 2013. Separated individual electrical and gas meters. Owner pays for water, trash and gardening. Limited Green area with sprinklers at front. Centrally located. Close to Golf course, Down Town LA, Easy access to Fwy 10, 60 and 710. One unit is under section 8. Great for owner occupy or investors. Motivated sellers.
Last Agent to Sell the Property
Pinnacle Real Estate Group License #01199730 Listed on: 03/18/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,102
Year Built
- Built in 1954
Lot Details
- 5,384 Sq Ft Lot
- Property fronts an alley
- No Units Above
- Two or More Common Walls
- Wrought Iron Fence
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 2,654 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Peek-A-Boo Views
- Fireplace in Kitchen
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
- Fireplace in Bathroom
Location
- Suburban Location
Utilities
- Heating System Uses Natural Gas
- TV Antenna
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 44
- Tax Tract Number 15386
- Assessor Parcel Number 5268003019
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $900
- Maintenance Expense $300
- Trash Expense $900
- Water Sewer Expense $2,256
- New Taxes Expense $8,697
- Gross Income $46,680
- Net Operating Income $31,427
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2016
Closed on
Jun 8, 2016
Sold by
Tam Paul W J
Bought by
Kung Peter and Kung Jeanice Tao
Seller's Agent
Talia Lai
Pinnacle Real Estate Group
Buyer's Agent
Helen Fann
KO TAI REALTY
List Price
$669,000
Sold Price
$655,000
Premium/Discount to List
-$14,000
-2.09%
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,321
Avg. Annual Appreciation
5.68%
Original Mortgage
$300,000
Outstanding Balance
$242,280
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$832,996
Purchase Details
Closed on
Jul 28, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Tam Paul W J and Lai Talia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2008
Sold by
Guevara Jose Eduardo
Bought by
Hsbc Bank Usa Na and Deutsche Alt A Securities Mortgage Loan
Purchase Details
Closed on
Jun 28, 2006
Sold by
Landsafe Properties Llc
Bought by
Guevara Jose Eduardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
6.39%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 1, 2005
Sold by
Cib Acquisition Group
Bought by
Landsafe Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2004
Sold by
Garcia Eduardo
Bought by
Cib Acquisition Group
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 26, 1998
Sold by
Lopez Juan J
Bought by
Garcia Eduardo E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,303
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 7, 1994
Sold by
Federal National Mortgage Association
Bought by
Lopez Juan Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
7.38%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kung Peter | $655,000 | Fidelity National Title Co | |
| Tam Paul W J | $473,000 | None Available | |
| Hsbc Bank Usa Na | $515,000 | Landsafe Title | |
| Guevara Jose Eduardo | $729,000 | First American Title Co | |
| Guevara Jose Eduardo | -- | First American Title Co | |
| Landsafe Properties Llc | $600,000 | Investors Title Company | |
| Cib Acquisition Group | -- | -- | |
| Garcia Eduardo E | $253,000 | American Title Ins Co | |
| Lopez Juan Jose | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kung Peter | $300,000 | |
| Previous Owner | Tam Paul W J | $294,800 | |
| Previous Owner | Lai Talia K | $322,000 | |
| Previous Owner | Tam Paul W J | $323,000 | |
| Previous Owner | Guevara Jose Eduardo | $109,350 | |
| Previous Owner | Guevara Jose Eduardo | $583,200 | |
| Previous Owner | Landsafe Properties Llc | $106,383 | |
| Previous Owner | Landsafe Properties Llc | $225,000 | |
| Previous Owner | Landsafe Properties Llc | $485,000 | |
| Previous Owner | Garcia Eduardo E | $50,000 | |
| Previous Owner | Garcia Eduardo E | $322,000 | |
| Previous Owner | Garcia Eduardo E | $48,000 | |
| Previous Owner | Garcia Eduardo E | $243,303 | |
| Previous Owner | Lopez Juan Jose | $156,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2016 06/16/16 | Sold | $655,000 | -2.1% | $247 / Sq Ft |
| 04/19/2016 04/19/16 | Pending | -- | -- | -- |
| 03/18/2016 03/18/16 | For Sale | $669,000 | -- | $252 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,102 | $760,178 | $456,108 | $304,070 |
| 2023 | $11,089 | $745,273 | $447,165 | $298,108 |
| 2022 | $10,723 | $730,661 | $438,398 | $292,263 |
| 2021 | $10,366 | $716,335 | $429,802 | $286,533 |
| 2019 | $9,972 | $695,089 | $417,054 | $278,035 |
| 2018 | $10,122 | $681,461 | $408,877 | $272,584 |
| 2016 | $7,748 | $515,758 | $272,599 | $243,159 |
| 2015 | $7,324 | $508,012 | $268,505 | $239,507 |
| 2014 | $7,234 | $498,062 | $263,246 | $234,816 |
Source: Public Records
Agents Affiliated with this Home
-
Talia Lai
-
Helen Fann
H
Buyer's Agent in 2016
Helen Fann
KO TAI REALTY
(626) 374-8887
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS16057290
APN: 5268-003-019
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