NOT LISTED FOR SALE

Montebello, CA 90640

Estimated Value: $772,000 - $814,161

3 Beds
2 Baths
1,478 Sq Ft
$538/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $420,000 $284 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,124/month

1 Day on Market

Highlights

  • Fireplace in Bathroom
  • Laundry Room
  • Front Yard
  • Cooling Available
  • Heating Available

About This Home

As of June 2016

Adorable home in a great neighborhood. Properties need TLC. Excellent for Investors .

Last Agent to Sell the Property

ALMA VILLALPANDO

CENTRAL FINANCIAL & REALTY License #01779461 Listed on: 02/09/2016

Last Buyer's Agent

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,980 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,478 Sq Ft Home
  • Property Attached

Kitchen

  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 5175
  • Assessor Parcel Number 6347006010

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $600
  • Insurance Expense $530
  • Trash Expense $840
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,778
  • Operating Expense $6,948
  • Gross Income $14,400
  • Net Operating Income $6,948

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6347006010
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen
  • Price Per Square Foot: 284.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5980.00
  • Price Per Lot Square Foot: 70.23
  • Lot Size Acres: 0.1370

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Fuel Expense: 600.00
  • Gross Income: 14400.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 530.00
  • Lot Size Area: 5980.0000 Square Feet
  • Net Operating Income: 6948.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 140.00
  • Rent Control: No
  • Total Expenses: 6948.00

Tax Info

  • New Taxes Expense: 3778.00
  • Tax Lot: 3
  • Tax Tract Number: 5175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Jun 16, 2016
Sold by
Lopez Daniel E
Bought by
Maldonado Karina and Extensor Maria Fidelia Medrano
Seller's Agent
ALMA VILLALPANDO
CENTRAL FINANCIAL & REALTY
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$795,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,790
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Feb 22, 2016
Sold by
Carvallo Hector D
Bought by
Lopez Daniel E and Manzanares Mabel Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,528
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2006
Sold by
Carvallo Hector David and Ramos Martina Flores
Bought by
Carvallo Hector D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1997
Sold by
Kenneth L Cook Trust and Michele
Bought by
Carvallo Hector David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,054
Interest Rate
7.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maldonado Karina -- None Available
Lopez Daniel E $420,000 Wfg
Carvallo Hector D -- United Title Company
Carvallo Hector David $169,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Daniel E $350,528
Previous Owner Carvallo Hector D $222,000
Previous Owner Carvallo Hector David $165,054
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2016 06/22/16 Sold $420,000 -6.7% $284 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $450,000 -- $304 / 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 $11,549 $730,641 $541,216 $189,425
2024 $7,833 $477,883 $307,211 $170,672
2023 $7,794 $468,514 $301,188 $167,326
2022 $7,422 $459,329 $295,283 $164,046
2021 $7,148 $450,324 $289,494 $160,830
2020 $7,002 $445,707 $286,526 $159,181
2019 $6,806 $436,968 $280,908 $156,060
2018 $6,881 $428,400 $275,400 $153,000
2016 $3,963 $227,937 $72,828 $155,109
2015 $3,778 $224,515 $71,735 $152,780
2014 $3,740 $220,118 $70,330 $149,788
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    ALMA VILLALPANDO

    CENTRAL FINANCIAL & REALTY

  • I

    Buyer's Agent in 2016

    IVAN ANTHONY SOLIS

    CENTRAL FINANCIAL AND REALTY

    (323) 725-0411

    1 in this area

    98 Total Sales

    IVAN ANTHONY SOLIS
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16027456

California Regional Multiple Listing Service (CRMLS)

APN: 6347-006-010

California Los Angeles County Montebello

90640

Not Listed for Sale

MultiFamily

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