Jolin Wang
RE/MAX 2000 REALTY
(626) 658-4270
69 Total Sales
2 in Monterey Park
$1.1M - $1.2M Price Range
123 Gladys Ave Monterey Park, CA 91755
Monterey Park AreaEstimated Value: $2,925,000
12
Beds
6
Baths
6,312
Sq Ft
$463/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Forced Air Heating and Cooling System
- Laundry Facilities
- Monterey Vista Elementary School Rated A-
- 6 Car Garage
- Fence is in excellent condition
About This Home
As of January 2014Well-maintained 6-unit apartment building in a prime location. Close to shop, transportation, and restaurants; Long-term tenants: 2 units (30 and 35 years), 4 units (2-14 years); rent can easily be increased to a much higher rate. 3 2-car attached garages and 10 parking spaces. All 6 units maintain individual electric, gas meters. Laundry room on site (includes 2 washers and 2 dryers). Building #121 & #125 are in the same lot as #123.
Last Agent to Sell the Property
Lillian Lin
HomeSmart, Evergreen Realty License #01008243 Listed on: 07/07/2013
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 9,715 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Fence is in excellent condition
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
- Parking Available
- Parking Lot
- Assigned Parking
Home Design
- 6,312 Sq Ft Home
- Contemporary Architecture
- Property Attached
- Tile Roof
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 34
- Tax Tract Number 1874
- Assessor Parcel Number 5258004048
Community Details
Overview
- 3 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Gardener Expense $600
- Insurance Expense $1,500
- Maintenance Expense $1,000
- Professional Management Expense $6,000
- Trash Expense $2,369
- Water Sewer Expense $2,014
- New Taxes Expense $5,062
- Gross Income $7,275
- Net Operating Income $67,755
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
Closed on
Feb 27, 2019
Sold by
Kan Living Trust
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 3, 2014
Sold by
Security F S E One Hundred & Sixty Four
Bought by
Kan Living Trust
Purchase Details
Listed on
Jul 7, 2013
Closed on
Dec 5, 2013
Sold by
Tseng Virginia and The Tseng Family Revocable Tru
Bought by
Security F S E One Hundred & Sixty Four
Seller's Agent
Lillian Lin
HomeSmart, Evergreen Realty
Buyer's Agent
Cheuk Chan
YORK LA INVESTMENT
List Price
$1,800,000
Sold Price
$1,580,000
Premium/Discount to List
-$220,000
-12.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Purchase Details
Closed on
Jul 26, 2013
Sold by
Tseng Peter and Tseng Virginia
Bought by
Tseng Peter Cheng and Tseng Virginia
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monterey Park, CA
-
Jolin Wang
-
Armando Arenas
Armando Arenas
GEORGE MICHAEL REALTY
(562) 454-0391
43 Total Sales
2 in Monterey Park
$969K - $1.1M Price Range
-
Cynthia Hom
Cynthia Hom
QUEEN'S REALTY CO.
(626) 628-9026
17 Total Sales
3 in Monterey Park
$685K - $1.4M Price Range
-
Peggy Lim
Peggy Lim
Real Brokerage Technologies
(626) 889-5586
85 Total Sales
1 in Monterey Park
$1,182,500 Price
-
Shari Nign
Shari Nign
Rader Realtors
(626) 727-7143
22 Total Sales
1 in Monterey Park
$1,265,000 Price
-
Jared Nuñez
Jared Nuñez
Alchemy Realty Inc
(562) 568-7742
142 Total Sales
1 in Monterey Park
$910,000 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 |
|---|---|---|---|
| -- | First American Title Ins Co | ||
| Kan Living Trust | $1,580,000 | Old Republic Title Company | |
| Security F S E One Hundred & Sixty Four | $1,580,000 | Old Republic Title Company | |
| Tseng Peter Cheng | -- | None Available |
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 |
|---|---|---|---|
| Closed | $775,000 |
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 |
|---|---|---|---|---|
| 01/07/2014 01/07/14 | Sold | $1,580,000 | -12.2% | $250 / Sq Ft |
| 11/29/2013 11/29/13 | Pending | -- | -- | -- |
| 07/07/2013 07/07/13 | For Sale | $1,800,000 | -- | $285 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2026 | $26,263 | $1,850,552 | $1,000,298 | $850,254 |
| 2025 | $26,263 | $1,814,268 | $980,685 | $833,583 |
| 2024 | $25,457 | $1,778,695 | $961,456 | $817,239 |
| 2023 | $24,635 | $1,743,819 | $942,604 | $801,215 |
| 2022 | $23,548 | $1,709,627 | $924,122 | $785,505 |
| 2021 | $23,424 | $1,676,105 | $906,002 | $770,103 |
| 2020 | $23,204 | $1,659,720 | $896,713 | $763,007 |
| 2019 | $22,570 | $1,627,193 | $879,131 | $748,062 |
| 2018 | $22,407 | $1,595,304 | $861,894 | $733,410 |
| 2016 | $20,573 | $1,532,590 | $828,427 | $704,163 |
| 2015 | $20,177 | $1,509,570 | $815,984 | $693,586 |
| 2014 | $5,461 | $312,159 | $35,346 | $276,813 |
Source: Public Records
Agents Affiliated with this Home
-
LL
Seller's Agent in 2014
Lillian Lin
HomeSmart, Evergreen Realty
-
Cheuk Chan
CC
Buyer's Agent in 2014
Cheuk Chan
YORK LA INVESTMENT
(626) 233-1849
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13131467
APN: 5258-004-048
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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