1413 West Los Angeles Avenue

Montebello, CA 90640

$1,200,105
Last Sold Price
5
Beds
5
Baths
3,384 Sq. Ft.
$355 / Sq. Ft.
3,384
Sq. Ft.
$355
per Sq. Ft.

Description

Fantastic opportunity to own this unique and well maintained 5 unit property in the city of Montebello. Each unit is detached from the others making tenants feel they are renting a home and not an apartment, which translates into higher potential rents. The unit mix consists of three 1 bed 1 bath units and two 2 bed, 1 bath units. This property is located on a large lot with front lawns and a large central courtyard and walking distance to Montebello Park and City Hall. The property boasts several...Fantastic opportunity to own this unique and well maintained 5 unit property in the city of Montebello. Each unit is detached from the others making tenants feel they are renting a home and not an apartment, which translates into higher potential rents. The unit mix consists of three 1 bed 1 bath units and two 2 bed, 1 bath units. This property is located on a large lot with front lawns and a large central courtyard and walking distance to Montebello Park and City Hall. The property boasts several recent updates, including newer windows, flooring, paint, water heaters, and several other updates that make this property easy to maintain. Each unit is equipped with its own electric and gas meters. Rents are currently low for the area so there is tons of potential for future increases.
  1. Listed by Carlos Barron • DRE #01887430 • Brokerage DRE #01886242 • T.N.G. Real Estate Consultants

Property Details for 1413 West Los Angeles Avenue

View
Neighborhood
Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3384
Assessor Parcel Number
6350-012-001

Location

Listing Courtesy of T.N.G. Real Estate Consultants, Carlos Barron, DRE #01887430

Sold By NONMEMBER MRML, Brent Shigemura, DRE #02101721; Matthews Real Estate Investment Services, John Wright, DRE #01985584

Add your commute
LISTING UPDATED: 05/17/2021 08:14 AM

Property Details for 1413 West Los Angeles Avenue

StatusClosed
MLS #PW20233589
Days on Market119
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1929
Lot Size0.26 AC / 11,351 SF
CountyLos Angeles County

Location

Listing Courtesy of T.N.G. Real Estate Consultants, Carlos Barron, DRE #01887430

Sold By NONMEMBER MRML, Brent Shigemura, DRE #02101721; Matthews Real Estate Investment Services, John Wright, DRE #01985584

Add your commute

Building Information for 1413 West Los Angeles Avenue

Stories1Residences-Year Built1929Building Size-Lot Size0.26 AC / 11,351 SF

Payment Calculator

$8,261 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,712

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1413 West Los Angeles Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $17,184
  • Gardener Expense: $1,200
  • Licenses Expense: $285
  • Insurance Expense: $2,560
  • Maintenance Expense: $600
  • Professional Management Expense: $0
  • Trash Expense: $1,446
  • Water Sewer Expense: $3,444
  • Total Expenses: $26,719
Tax / Assessment Info
  • Tax Tract Number: 7437
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Heating: Wall Furnace
Exterior Features
  • Roof: Composition
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Corner Lot, Front Yard, Lawn, Rectangular Lot
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,284
  • Unit Type Total Rent: $3,852
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,070
  • Unit Type Total Rent: $1,070
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 1413 West Los Angeles Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1413 West Los Angeles Avenue

Taxable ValueLand$832,320Additions$416,264Total$1,248,584
Tax Record2023$20,541 ($1,712 / month)
Home Facts
Total Finished SqFt3,384 SqFtAbove Grade Finished SqFt3,384 SqFtLot Size11,351 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningMNR3YYCountyLOS ANGELESAPN6350-012-001

Schools near 1413 West Los Angeles Avenue

This home is within Montebello Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Montebello Intermediate School
Public6 to 8

Montebello High School
Public9 to 12

Applied Technology Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of T.N.G. Real Estate Consultants, Carlos Barron, DRE #01887430

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.