NOT LISTED FOR SALE

825 Date St Montebello, CA 90640

Estimated Value: $792,000 - $1,780,384

11 Beds
7 Baths
3,780 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $1,625,000 $430 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $9,729/month

8 Days on Market

Highlights

  • New Construction
  • 4 Car Direct Access Garage
  • 4-minute walk to Chet Holifield Park
  • Solar Power System
  • Laundry Room

About This Home

As of March 2024

Welcome to Your Dream Quadruplex in Montebello!

Nestled in the heart of the vibrant city of Montebello, this newly constructed quadruplex presents an unparalleled opportunity for both owner-occupiers and savvy investors. Designed with sophistication and functionality in mind, this property offers a unique blend of modern living spaces and exceptional convenience.

Property Highlights:

-Front House: Experience the epitome of comfort in the standalone front house, boasting 3 spacious bedrooms and 2 full bathrooms. This residence is further enhanced by eco-friendly solar panels, ensuring energy efficiency and reduced utility costs.

-Accessory Dwelling Unit (ADU): The well-appointed ADU features 2 cozy bedrooms and 1 bathroom, perfect for guests, extended family, or as a rental opportunity.

-Townhouses: Complementing the property are 2 townhouse-style units, each with 3 bedrooms and 2 bathrooms spread over two levels. These homes are designed to offer privacy, space, and comfort, mirroring the quality and style of the front house.

Lifestyle & Convenience:
Situated in a highly desirable neighborhood known for its great schools and welcoming community, this property is more than a residence – it's a lifestyle choice. With ample living space, each unit offers the perfect backdrop for both relaxing and entertaining.

Investment Potential:
Live in one unit and let the others contribute to your mortgage, or capitalize on the strong rental demand in Montebello by leasing all units. The flexibility and potential of this property make it a wise investment for the future.

Don't Miss Out:
Opportunities like this are rare, especially in such a sought-after location. With its combination of modern features, investment potential, and prime positioning, this quadruplex is truly a gem in Montebello. Act quickly – this exceptional offering won't last!

Please Note: While every effort has been made to ensure the accuracy of this description, potential buyers are encouraged to verify all information to their satisfaction.

Last Listed By

Carlos Sanchez

The Ave License #01444655 Listed on: 02/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,778

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Solar Power System
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 77
  • Tax Tract Number 63
  • Assessor Parcel Number 6354003006

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,700
  • Trash Expense $360
  • Operating Expense $3,060
  • Gross Income $12,150
  • Net Operating Income $8,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,778

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Cell
  • Other Phone Number: 4243327519
  • Price Per Unit: 431500
  • Property Attached: Yes
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6354003006
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Entry Location: FRONT
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 429.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11636.00
  • Lot Size Acres: 0.2671

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 12150.00
  • Gross Scheduled Income: 12150.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 11636.0000 Square Feet
  • Net Operating Income: 8650.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3500.00
  • Rent Control: No
  • Total Actual Rent: 12150.00
  • Total Expenses: 3060.00

Tax Info

  • Tax Lot: 77
  • Tax Tract Number: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 7, 2024
Sold by
825 Date Developers Llci
Bought by
Lac Date Street Llc
Seller's Agent
Carlos Sanchez
The Ave
Buyer's Agent
Jose Perez
Nueva Real Estate
List Price
$1,726,000
Sold Price
$1,625,000
Premium/Discount to List
-$101,000
-5.85%
Total Days on Market
8
Views
45
Current Estimated Value
$1,412,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,404
Avg. Annual Appreciation
-11.86%

Purchase Details

Closed on
Oct 16, 2023
Sold by
Hernandez Daniel
Bought by
825 Date Developers Llc

Purchase Details

Closed on
Sep 29, 2021
Sold by
Granados Martin Fierro
Bought by
Hernandez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2021
Sold by
Hernandez Nancy Patricia
Bought by
Hernandez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2021
Sold by
Cardenas Nancy Patricia Hernandez and Hernandez Daniel
Bought by
Granados Martin Fierro

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 6, 2021
Sold by
Granados Martin Fierro
Bought by
Cardenas Nancy Patricia Hernandez and Hernandez Daniel
Seller's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
Buyer's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.97%
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 10, 2020
Sold by
Date Project Llc
Bought by
Granados Martin Fierro
Seller's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
Buyer's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 15, 2015
Closed on
Jun 22, 2015
Sold by
S & L Acquisitions Llc
Bought by
Dates Project Llc
Seller's Agent
Jeffrey Bar
NELA Homes
Buyer's Agent
Iris Malek
Coldwell Banker-Res R E Srv
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Listed on
Oct 18, 2014
Closed on
Nov 3, 2014
Sold by
Durann Henry
Bought by
S & L Acquisitions Llc
Seller's Agent
Jorge Amezcua
GEORGE MICHAEL REALTY
Buyer's Agent
Jorge Amezcua
GEORGE MICHAEL REALTY
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.69%
Original Mortgage
$306,000
Interest Rate
3.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 20, 2010
Sold by
Duran Henry
Bought by
Duran Henry and Henry Duran Trust

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
Lac Date Street Llc $1,625,000 Pacific Coast Title Company
825 Date Developers Llc -- None Listed On Document
Hernandez Daniel $775,000 Old Republic Title Co
Hernandez Daniel -- Old Republic Title Co
Granados Martin Fierro -- Accommodation
Cardenas Nancy Patricia Hernandez -- Accommodation
Granados Martin Fierro $550,000 Lawyers Title
Dates Project Llc $392,000 Provident Title Company
S & L Acquisitions Llc -- Title 365
Duran Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Daniel $736,250
Previous Owner Granados Martin Fierro $375,000
Previous Owner S & L Acquisitions Llc $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $1,625,000 -5.9% $430 / Sq Ft
02/28/2024 02/28/24 For Sale $1,726,000 +213.8% $457 / Sq Ft
12/16/2020 12/16/20 Sold $550,000 -6.0% $400 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $585,000 +49.2% $425 / Sq Ft
07/07/2015 07/07/15 Sold $392,000 -1.8% $285 / Sq Ft
05/15/2015 05/15/15 For Sale $399,000 +25.1% $290 / Sq Ft
11/18/2014 11/18/14 Sold $319,000 0.0% $232 / Sq Ft
11/02/2014 11/02/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $319,000 -- $232 / 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
2024 $22,778 $1,625,000 $1,135,000 $490,000
2023 $11,721 $790,500 $612,816 $177,684
2022 $11,326 $775,000 $600,800 $174,200
2021 $8,137 $550,000 $450,000 $100,000
2020 $6,421 $424,310 $323,862 $100,448
2019 $6,235 $415,991 $317,512 $98,479
2018 $6,289 $407,836 $311,287 $96,549
2016 $6,028 $392,000 $299,200 $92,800
2015 $6,331 $409,000 $320,000 $89,000
2014 -- $58,363 $27,981 $30,382
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24041318

California Regional Multiple Listing Service (CRMLS)

APN: 6354-003-006