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1812 Rainbow Terrace Ln

Montebello, CA 90640

3 bd 2 ba 1,303 sqft Built 1977 Lot 255,675 sqft condos
Most recent sale
$550,000
Nov 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2021 Sold $550,000 MLS #WS21167079
Aug 13, 2021 Listed $550,000 MLS #WS21167079
Mar 11, 2013 Listing removed $319,000 TheMLSCLAW
Mar 11, 2013 Sold $315,000 MLS #13645697
Jan 16, 2013 Listed $319,000 MLS #13-645697
Sep 22, 2011 Listing removed $319,000 ITECH
May 21, 2011 Listing removed $319,000 CRMLS
Mar 23, 2011 Listed $319,000 MLS #S11036896
Dec 11, 2009 Sold $262,000 Public Record
Dec 27, 2005 Sold $425,000 Public Record
Apr 17, 2002 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $184,331 $399,332 $583,663 $8,778
2024 $184,331 $399,332 $583,663 $8,485
2023 $177,174 $383,826 $561,000 $8,464
2022 $173,700 $376,300 $550,000 $8,177
2021 $158,128 $200,223 $358,351 $5,375
2020 $156,507 $198,170 $354,677 $5,285
2019 $153,439 $194,285 $347,724 $5,131
2018 $150,431 $190,476 $340,907 $5,204
2017 $147,482 $186,742 $334,224 $5,106
2016 $144,591 $183,081 $327,672 $4,998
2015 $142,420 $180,331 $322,751 $4,699
2014 $139,631 $176,799 $316,430 $4,636
2013 $146,647 $127,778 $274,425 $4,199
2012 $143,772 $125,273 $269,045 $4,141
2010 $140,953 $122,817 $263,770 $4,020
2009 $73,000 $215,000 $288,000 $4,215
2008 $104,000 $306,400 $410,400 $5,757
2007 $109,854 $323,646 $433,500 $5,921

Property facts

Year built
1977
Property type
condos
Stories
2
Beds
3
Baths
2
Living area
1,303 sqft
Lot size
255,675 sqft
ZIP code
90640
City
Montebello
Street
Rainbow Terrace Ln
Coordinates
34.04174, -118.09380

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,170
Gross rental yield
9.10%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 1812 Rainbow Terrace Ln last sell?
1812 Rainbow Terrace Ln most recently sold on Nov 16, 2021 for $550,000.
What is the current tax assessment for 1812 Rainbow Terrace Ln?
The most recent total assessment for 1812 Rainbow Terrace Ln (year 2025) is $583,663 with $8,778 in property tax.
How does 1812 Rainbow Terrace Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $550,000.
When was 1812 Rainbow Terrace Ln built?
1812 Rainbow Terrace Ln was built in 1977.
How does 1812 Rainbow Terrace Ln compare to others on Rainbow Terrace Ln?
We track 8 other properties on Rainbow Terrace Ln. Browse the list under "Other properties on Rainbow Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 1812 Rainbow Terrace Ln?
1812 Rainbow Terrace Ln is a 3 bed, 2 bath, 1,303 sqft, 255,675 sqft lot condos.
Is 1812 Rainbow Terrace Ln a flip candidate?
No — 1812 Rainbow Terrace Ln does not appear in our flips dataset.
Is 1812 Rainbow Terrace Ln a tax-appeal candidate?
No — 1812 Rainbow Terrace Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q1
$1.8M
2026 Q2
$1.8M
ZIP 90640 — Median Price History + Forecast

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