Lawrence Renteria
Re/Max Top Producers
(909) 378-9971
32 Total Sales
1 in Monterey Park
$715,000 Price
1001 E Newmark Ave Monterey Park, CA 91755
Monterey Park Area
8
Beds
39
Baths
16,568
Sq Ft
0.66
Acre Lot
Highlights
- In Ground Pool
- 28,882 Sq Ft lot
- East Facing Home
- Monterey Vista Elementary School Rated A-
- Air Conditioning
About This Home
As of June 2015We are proud to present an excellent opportunity to acquire a thirty nine (39) unit income property in the city of Monterey Park. The property consists of three (3) two bedroom one bath units, (17) seventeen studios, (17) bachelors and two (2) one bedroom one bath units. This easy to manage two-story building sits on a spacious lot of 28,882 square feet. This property can be purchased together or separately with the adjacent 32 unit property located at 219 S. New Avenue, Monterey Park.
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01438644 Listed on: 01/20/2015
Last Buyer's Agent
Out of Area Out of Area
Out of Area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 28,882 Sq Ft Lot
- East Facing Home
Parking
- 34 Parking Spaces
Home Design
- 16,568 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 39 Bathrooms
Pool
- In Ground Pool
Utilities
- Air Conditioning
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Assessor Parcel Number 5259-014-035
Community Details
Overview
- 39 Units
Recreation
- Community Pool
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2015
Closed on
May 4, 2015
Sold by
Bought by
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$5,575,000
Sold Price
$5,000,000
Premium/Discount to List
-$575,000
-10.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,070,000
Interest Rate
3.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 24, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,415,000
Interest Rate
4.34%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 17, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monterey Park, CA
-
Lawrence Renteria
-
Janice Shin
Janice Shin
Pinnacle Real Estate Group
(626) 900-1562
10 Total Sales
1 in Monterey Park
$799,000 Price
-
Bobby Chalhoub
Bobby Chalhoub
Broker X
(661) 490-9451
79 Total Sales
1 in Monterey Park
$488,000 Price
-
Ning Wang
Ning Wang
Real Broker
(626) 320-8702
20 Total Sales
1 in Monterey Park
$718,000 Price
-
Kitty Ho
Kitty Ho
Wetrust Realty
(626) 784-7203
102 Total Sales
4 in Monterey Park
$657K - $1.2M Price Range
-
Walter Castillo
Walter Castillo
Coldwell Banker Realty
(213) 513-6176
18 Total Sales
1 in Monterey Park
$820,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,000,000 | Chicago Title Company | ||
| -- | Ticor Title Co | ||
| -- | First American | ||
| -- | First American |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $3,070,000 | ||
| Previous Owner | $2,415,000 | ||
| Previous Owner | $2,415,000 | ||
| Previous Owner | $882,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2015 06/30/15 | Sold | $5,000,000 | -10.3% | $302 / Sq Ft |
| 03/23/2015 03/23/15 | Pending | -- | -- | -- |
| 01/20/2015 01/20/15 | For Sale | $5,575,000 | -- | $336 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $88,243 | $6,009,246 | $4,086,290 | $1,922,956 |
| 2024 | $85,609 | $5,891,418 | $4,006,167 | $1,885,251 |
| 2023 | $82,199 | $5,775,901 | $3,927,615 | $1,848,286 |
| 2022 | $78,575 | $5,662,649 | $3,850,603 | $1,812,046 |
| 2021 | $78,103 | $5,551,617 | $3,775,101 | $1,776,516 |
| 2019 | $75,250 | $5,398,405 | $3,663,130 | $1,735,275 |
| 2018 | $74,814 | $5,292,779 | $3,591,304 | $1,701,475 |
| 2016 | $68,639 | $5,076,250 | $3,451,850 | $1,624,400 |
| 2015 | $48,960 | $3,518,931 | $2,039,960 | $1,478,971 |
| 2014 | $10,788 | $415,759 | $55,376 | $360,383 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Hsiang
Seller's Agent in 2015
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
75 Total Sales
-
O
Buyer's Agent in 2015
Out of Area Out of Area
Out of Area
Map
Source: The MLS
MLS Number: 15-823149
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 909 E Mabel Ave
- 332 Pomelo Ave Unit B
- 800 E Newmark Ave
- 423 Pomelo Ave
- 506 Pomelo Ave Unit C
- 2739 Jackson Ave
- 200 N New Ave Unit 4
- 200 N New Ave Unit 2
- 200 N New Ave Unit 5
- 200 N New Ave Unit 3
- 521 Pomelo Ave
- 438 E Newmark Ave Unit A
- 1023 Mooney Dr
- 415 Sefton Ave Unit G
- 321 N Orange Ave Unit 209
- 2250 Kays Ave
- 420 S Alhambra Ave Unit C
- 330 N Rural Dr Unit 302
- 330 N Rural Dr Unit 110
- 432 S Alhambra Ave Unit H
- 1011 E Newmark Ave
- 229 S New Ave
- 223 S New Ave Unit B
- 223 S New Ave Unit A
- 223 S New Ave Unit E
- 223 S New Ave
- 233 S New Ave
- 239 S New Ave
- 227 S New Ave Unit 1
- 221 S New Ave Unit B
- 221 S New Ave Unit A
- 221 S New Ave Unit C
- 221 S New Ave
- 219 S New Ave
- 241 S New Ave
- 928 E Mabel Ave
- 909 E Newmark Ave
- 918 E Mabel Ave
- 922 E Mabel Ave Unit 1
- 922 E Mabel Ave
Your Personal Tour Guide
Ask me questions while you tour the home.