749 Via Altamira, Montebello, CA 90640
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749 Via Altamira Montebello, CA 90640

$1,049,800
  • 5 Beds
  • 4 Baths
  • 2,656 Sq.Ft.
For Sale
$1,049,800 Get Pre-Qualified

Map preview of 749 Via Altamira, Montebello, CA 90640

Property Overview: 749 Via Altamira Montebello, CA has 5 bedrooms, 4 bathrooms, 2,656 living square feet and 6,052 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent Investment opportunity! Fully occupied, 4-UNITS located in Montebello! Three Units with 1 bedroom, One Unit with 2 bedrooms. Updated Bathrooms. Including Four 1-Car garages, On-Site Laundry facility provides extra income. Separate electricity and gas meters for each unit. On a lot of approx. 6,052 sq. ft. Conveniently located near the Montebello Golf Course, shopping centers, supermarkets, banks, public transportation, East LA City College and more!

Listed by Peggy Fong Chen | BRE #01461698 | Re/Max Omega
Last checked: 14 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
6,052
HOA Dues
$0/mo
Year built
1954
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
AR24064366
City
Montebello
County
Los Angeles
Time on Site
75 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,296
  • Total Rent: $1,296
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,354
  • Total Rent: $1,354
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,300
  • Net Operating Income: $59,132
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,168
  • Electric: $384
  • Gas/Fuel: $276
  • Trash: $6,675
  • Insurance: $1,557
  • Water/Sewer: $3,276

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Property Details for 749 Via Altamira

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Lawn, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5268003027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Street: N. Garfield Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 749 Via Altamira

Last sold for $780,000 on July 31st, 2017
  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: AR24064366

    $1,049,800

    Price

  • June, 2021

  • Jun 9, 2021

    Date

    Expired

    CRMLS: AR20091291

    $960,000

    Price

  • Jun 8, 2021

    Date

    Withdrawn

    CRMLS: AR20091291

    $960,000

    Price

  • May 17, 2021

    Date

    Price Change

    CRMLS: AR20091291

    $960,000

    Price

  • Oct 26, 2020

    Date

    Price Change

    CRMLS: AR20091291

    $918,000

    Price

  • Jun 20, 2020

    Date

    Price Change

    CRMLS: AR20091291

    $949,800

    Price

  • Jun 1, 2020

    Date

    Active

    CRMLS: AR20091291

    $960,000

    Price

  • May 19, 2020

    Date

    Coming Soon

    CRMLS: AR20091291

    $960,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Investment opportunity! Fully occupied, well maintained 4-UNITS located in Montebello! Three Units with 1 bedroom, One Unit with 2 bedrooms. Combined living space of approx. 2,656 sq.ft. on a lot of approx. 6,052 sq. ft. Features include Four 1-Car garages, On-Site Laundry facility provides extra income. Separate electricity and gas meters for each unit. Conveniently located near the Montebello Golf Course, shopping centers, supermarkets, banks, public transportation, East LA City College and more!

  • August, 2017

  • Aug 1, 2017

    Date

    Sold

    CRMLS: AR17142403

    $780,000

    Price

  • Jul 20, 2017

    Date

    Active Under Contract

    CRMLS: AR17142403

    $780,000

    Price

  • Jun 23, 2017

    Date

    Active

    CRMLS: AR17142403

    $780,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Investment opportunity - 100% Occupied! No Rent Control. Well maintained 4-Plex located in the heart of Montebello, at the border of Montebello and Monterey Park. This property offers Three 1 bedrooms and 1bathroom, One 2 bedrooms and 1 bathroom. In addition, it also featured with 4 one car garages. 2 of the units are renovated with brand new windows. The 2 bedrooms unit are renovated with new kitchen, new water heater, new flooring, etc. On-Site Laundry facility provides extra income. Separate electricity and gas meters for each unit. The property is located one block from the Montebello Golf Course and in close approximate to shopping center, East LA City College School, Supermarkets, Banks, public transportation and more! Please do not disturb tenants.

  • July, 2017

  • Jul 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

  • September, 2015

  • Sep 21, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 749 Via Altamira

Assessed Value (2020): $811,512
Year Land Value Improved Value Assessed Value
2020 $478,584 $332,928 $811,512

Home Value Compared to the Market

This property vs the competition

749 Via Altamira is listed 27.25% higher than the median list price for the city of Montebello which has a median list price of $825,000. The median price per/sqft for Montebello is $508 and this home is listed at $395.26 per/sqft which puts the price per square foot 22.19% lower than the median price per square foot for the city of Montebello.

About 749 Via Altamira

Detailed summary of property

749 Via Altamira is a fourplex located in Montebello, CA 90640 and is currently for sale. This fourplex offers 5 bedrooms, 4 bathrooms, roughly 2,656 living square feet, and sits on an approximately 6,052 square foot lot. 749 Via Altamira was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $1,049,800. The median priced home in Montebello is $825,000 with a median price per square foot of $508. Based on Ardent Real Estate Group's Montebello Market Data, this home is listed 27.25% higher than the median priced home. Local competing homes currently for sale include 3680 E 5th St, 929 N Rowan Ave and 1004 N Hicks Ave. While the average home in Montebello, CA is selling in 49 days, 749 Via Altamira has a days on market of 66 days. There are currently 55 homes for sale in the Montebello real estate market and 25 of them are single family homes while 19 of them are condos and 11 are townhomes. For more information on this home for sale at 749 Via Altamira Montebello, CA 90640 contact Ardent Real Estate Group and we will put you in touch with one of our Montebello agents.

Public Facts for 749 Via Altamira

Public county record property details
Beds
5
Baths
4
Year built
1954
Sq. Ft.
2,656
Lot Size
6,051
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
5268-003-027

The source for these homes facts are from public records.

90640 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$824,990
Median List Price/Sq.Ft.
$508
Median Sold Price
$780,000
Median Sold Price/Sq.Ft.
$492
Total Inventory
57
Median Sale to List Price %
104.14%
Avg Days on Market
27
Loan Type
Conventional (62.5%), FHA (6.25%), VA (0%), Cash (15.63%), Other (15.63%)

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Related Resources to 749 Via Altamira

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.