Listed by: Matt McIntyre, Berkshire Hathaway Home Servic
$850,000
●
House -
Off Market
604 Via Val Verde
Montebello, CA 90640
4 Beds
2 Baths
1,512 Ft²
$3,722
Est. Monthly
About This Property
Cherished by the same family since 1956 this lovely home in
desirable North Montebello is conveniently located to many shops
and restaurants and just south of the 60 freeway. The home
has an efficient floor plan with 4 bedrooms and 2 bathrooms and
features newly refinished hardwood floors throughout much of the
house. One of the bedrooms is a suite with a separate outside
entrance that would be a great place for in-laws, a perfect place
for extended family, or potentially convert the space to an ADU for
rental income! The property is complete with a sunny backyard
and a detached 2-car garage. This home provides a great
opportunity in an outstanding location and is just waiting for the
next owner to make it their home.
Unit Size
1,512 Ft²
Days on Market
107 days
Land Size
0.12 acres
Price per sqft
$501
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #P1-19989)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Relisted | $758,000 | |
| Relisted | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Berkshire Hathaway Home Servic | $758,000 | |
| Listed by Berkshire Hathaway Home Servic | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Montebello
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Listed by: Matt McIntyre, Berkshire Hathaway Home Servic
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-19989
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-19989
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