$730,000
SOLD JAN 6, 2016

932 S Montebello Blvd Montebello, CA 90640

7 Beds
4 Baths
3,102 Sq Ft
0.35 Acres

Recently Sold

$235 Per Sq Ft

3% Below List Price

76 Days on Market

About This Home

As of January 2016

We are proud to present this excellent 3-unit investment opportunity. Located on a large 15,379 square foot lot this property would suit both the first time and experienced investor. All units are occupied at the moment. No rent control. Garage parking. Don't miss this opportunity.

Last Agent to Sell the Property

Victor Polanco

Victor Polanco, Broker License #01372279 Listed on: 10/07/2015

Last Buyer's Agent

Lana Tu

Coldwell Banker New Century License #01897228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,633

Year Built

  • Built in 1950

Lot Details

  • 0.35 Acre Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 3,102 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 5321
  • Assessor Parcel Number 6352028008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,245
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,979
  • Gross Income $4,000
  • Net Operating Income $35,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,633

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 6352028008
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 235.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Asphalt, Driveway, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15379.00
  • Price Per Lot Square Foot: 47.47
  • Lot Size Acres: 0.3530

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1245.00
  • Lot Size Area: 15379.0000 Square Feet
  • Net Operating Income: 35221.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 12779.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7979.00
  • Tax Lot: 85
  • Tax Tract Number: 5321.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Tran Thuy Thi
Bought by
Tran Thuy Thi

Purchase Details

Listed on
Oct 7, 2015
Closed on
Dec 28, 2015
Sold by
Garfias Victor and Garfias Antonio
Bought by
Tran Thuy Thi
Seller's Agent
Victor Polanco
Victor Polanco, Broker
Buyer's Agent
Lana Tu
Coldwell Banker New Century
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jul 8, 2004
Sold by
Hernandez Nadia Nora
Bought by
Garfias Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Garfias Matilde
Bought by
Garfias Victor and Garfias Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2002
Sold by
Enriquez Ricardo S and Enriquez Guadalupe S
Bought by
Garfias Antonio and Garfias Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,164
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1993
Sold by
Enriquez Ramon M and Enriquez Guadalupe S
Bought by
Enriquez Guadalupe S and Enriquez Ricardo
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $730,000 Title365 Company
Interfamily Deed Transfer -- Commerce Title
Interfamily Deed Transfer -- Commerce Title
Interfamily Deed Transfer -- Commerce Title
Grant Deed $345,000 American Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 Unknown
Previous Owner $332,000 New Conventional
Previous Owner $329,164 FHA
Previous Owner $22,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 For Sale $1,599,000 +119.0% $515 / Sq Ft
01/06/2016 01/06/16 Sold $730,000 -2.7% $235 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $750,000 -- $242 / 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 $13,633 $847,219 $508,333 $338,886
2023 $13,578 $830,608 $498,366 $332,242
2022 $13,131 $814,323 $488,595 $325,728
2021 $12,657 $798,357 $479,015 $319,342
2020 $12,425 $790,172 $474,104 $316,068
2019 $12,079 $774,679 $464,808 $309,871
2018 $12,071 $759,491 $455,695 $303,796
2016 $8,481 $506,180 $274,439 $231,741
2015 $8,067 $498,578 $270,317 $228,261
2014 $7,979 $488,812 $265,022 $223,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15220516

California Regional Multiple Listing Service (CRMLS)

APN: 6352-028-008