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252 South 7th Street

252 South 7th Street, Montebello, CA 90640
Multifamily in Montebello
Sold Sep 01, 2023
$372,500
Sold Feb 26, 2020
$905,000
$678,750 by Riverbend Funding Llc
Mortgage
252 South 7th Street in Montebello, CA was first built in 1915 and is 109 years old. Although, the building on the property was most recently renovated and altered in 1935. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 252 South 7th Street has 2,304 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,502 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 252 South 7th Street was last sold in Aug 25, 2023 for $372,500. According to our calculations, that's $161.68 per sqft. Prior to that sales transaction, the property was sold for $905,000 in Jan 31, 2020. Current property owners are expected to pay $14,019 in taxes per year. The property on 252 South 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $951,314. To break that down further, the land itself was valued at $635,961. While improvements to the property were assessed at a total of $315,353. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Covered Parking
Gated Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1935
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADDITION #1 TO THE TOWN OF NEWARK
  • Land Acres: 0.126
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: ADD NO 1 TO THE TOWN OF NEWMARK SW 44 FT EX OF ST OF LOT/SEC 11

Ownership

  • Current Owner : 252 SOUTH 7TH STREET LLC
  • Previous Owner : MONTEBELLO TWINS LLC
  • Owner Before Previous Owner: GRIGORIAN GRETA
  • Owner Before Previous Owner 2: THE ARDEMIS GRIGORIAN 2013 TRU
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 532101

Zoning

  • Zoning: MNR3*

Geography

  • Assessors Map Reference: 54-D2
  • Parcel: 6349-009-026
  • Lot: 11
  • Municipality: EAST /MONTEBELLO
  • Latitude: 34.0063
  • Longitude: -118.108

    Address

  • Full Address: 252 S 7th St
  • Address - House Number: 252
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Montebello
  • Carrier Code: C001
  • 4-Digit Zip Code: 4756
  • Zip Code: 90640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,019
  • Tax Rate Code Area: 06-330

    Appraisal Valuation

  • Standard Deviation: 0.1173
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 76
  • Final Value: 932,660
  • High Value: 1,042,109
  • Low Value: 823,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $951,314
  • Assessed Land Value: $635,961
  • Assessed Improvements Value: $315,353

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11911827354
  • Current Sale Price: $372,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 585314
  • Previous Sale Recording Date: Feb 26, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $905,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: RIVERBEND FUNDING LLC
  • Previous Mortgage Transaction Date: Feb 26, 2020
  • Previous Mortgage Loan Amount: $678,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Montebello



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 252 South 7th Street located in?
The 252 South 7th Street is a multifamily located in the neighborhood of Montebello in Montebello, Montebello.
What is the average sales price for listings in 252 South 7th Street?
The average sales price for units in 252 South 7th Street is $0 currently.

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