NOT LISTED FOR SALE

740 Frankel Ave Unit A5 Montebello, CA 90640

Estimated Value: $406,000 - $474,000

2 Beds
2 Baths
833 Sq Ft
$145/mo HOA Fee

Last Sold May 12, 2022

Last sale price $410,000 $492 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,020/month

29 Days on Market

Highlights

  • 1.16 Acre Lot
  • Neighborhood Views
  • Beamed Ceilings
  • Granite Countertops
  • Covered Patio or Porch
  • Wood Frame Window

About This Home

As of May 2022

Conveniently located near shopping malls, restaurants and banks. Easy access to freeway and public transportation and Metrolink station. This property features 2 good size bedrooms upstairs with large closets, 1 full bathroom upstairs with skylight and 1/2 bath downstairs. Large living room with a sliding door leads to a covered patio. The kitchen features granite countertops and a breakfast bar. It has tile floors on the first floor and Laminate floors in bedrooms. Laundry closet with washer and dryer hookups is located upstairs. Electric baseboard heaters and wall AC units are available in the living room and the two bedrooms. This unit has 1 assigned carport with storage. Low HOA due of $145/month includes water and trash. Great starter home or rental investment. It is NOT FHA or VA approved.
Link to view 3D visual tour: https://falconvisual.brokersbus.com/rtc-live.html?m=t-DrAW45y&lang=en#/

Last Agent to Sell the Property

Guo Jing

Pinnacle Real Estate Group License #02134619 Listed on: 03/10/2022

Pinnacle Real Estate Group

Last Buyer's Agent

JUAN MUNOZ

KELLER WILLIAMS RIVERSIDE CENT License #01210671

KELLER WILLIAMS RIVERSIDE CENT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,038

Year Built

  • Built in 1962

Lot Details

  • 1.16

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 833 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Blinds
  • Wood Frame Window
  • Combination Dining and Living Room
  • Neighborhood Views
  • Window Bars

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • Sewer Paid

Additional Features

  • Covered Patio or Porch
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 50438
  • Assessor Parcel Number 6352008036
  • $258 per year additional tax assessments

Community Details

Overview

  • 36 Units
  • Las Placitas Association, Phone Number (323) 637-6251

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,038

Year Built

Built in 1962

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: Yes
  • Zoning: MNR3*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6352008036
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 833.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Granite Counters, Wainscoting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 492.20
  • Room Type: All Bedrooms Up, Galley Kitchen, Kitchen, Living Room
  • Window Features: Blinds, Skylight(s), Wood Frames
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Brick, Covered, Patio
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Range Hood, Water Heater
  • Electric: Standard
  • Heating Type: Baseboard
  • Laundry Features: Electric Dryer Hookup, In Closet, Upper Level, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Sewer, Water
  • Association Fee: 145.00
  • Association Fee Frequency: Monthly
  • Association Name: Las Placitas
  • Phone: 323-637-6251
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Las Placitas

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 50392.00
  • Lot Size Acres: 1.1568
  • Latitude Manual: 33.99172300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 50392.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5322.00
  • Tax Lot: 84
  • Tax Tract Number: 50438
  • TaxOtherAnnualAssessmentAmount: 258.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2017
Sold by
Chen Hsin Ping
Bought by
Chen Hsin Ping and Guo Jing
Current Estimated Value
$435,307

Purchase Details

Closed on
Mar 1, 2013
Sold by
Chen Hsin Ping
Bought by
Chen Hsin Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Outstanding Balance
$76,274
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$362,939

Purchase Details

Closed on
Apr 7, 2010
Sold by
Peterson Gary L
Bought by
Chen Hsin Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2008
Sold by
Peterson Gary L
Bought by
Peterson Gary L and The Trust Of Gary L Peterson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Peterson Gary Lee
Bought by
Peterson Gary L and Trust Of Gary L Peterson

Purchase Details

Closed on
Apr 16, 2002
Sold by
Hall Connie
Bought by
Peterson Gary Lee

Purchase Details

Closed on
Jun 20, 1996
Sold by
Peterson Gary L
Bought by
Peterson Gary Lee and Hall Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
8.09%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Hsin Ping -- None Available
Chen Hsin Ping -- First American Title Company
Chen Hsin Ping $155,000 North American Title Company
Peterson Gary L -- None Available
Peterson Gary L -- Stewart Title
Peterson Gary L -- --
Peterson Gary Lee -- --
Peterson Gary L -- --
Peterson Gary Lee -- Fidelity Title
Peterson Gary Lee -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Hsin Ping $108,700
Previous Owner Chen Hsin Ping $109,600
Previous Owner Peterson Gary L $150,000
Previous Owner Peterson Gary Lee $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $410,000 0.0% $492 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/08/2022 04/08/22 Off Market $410,000 -- --
03/31/2022 03/31/22 Price Changed $390,000 0.0% $468 / Sq Ft
03/31/2022 03/31/22 For Sale $390,000 +5.4% $468 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $370,000 -- $444 / 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 $6,038 $435,093 $308,492 $126,601
2024 $6,038 $426,563 $302,444 $124,119
2023 $6,033 $418,200 $296,514 $121,686
2022 $2,353 $153,314 $78,469 $74,845
2021 $2,268 $150,309 $76,931 $73,378
2019 $2,183 $145,852 $74,650 $71,202
2018 $2,211 $142,993 $73,187 $69,806
2016 $2,109 $137,443 $70,346 $67,097
2015 $1,995 $135,380 $69,290 $66,090
2014 $1,971 $132,729 $67,933 $64,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22009398

California Regional Multiple Listing Service (CRMLS)

APN: 6352-008-036