$1,400,000
SOLD JUL 25, 2025

126 Florence Ave Monterey Park, CA 91755

6 Beds
-- Bath
9,473 Sq Ft
9,474 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

7% Below List Price

3 Days on Market

Highlights

  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • Monterey Vista Elementary School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2025

Investors Dream! Charming 3 units, all units 2 bedroom, 1 bath. The driveway leads to a standalone 2 bedroom + 1 bath home.
Two single garages. This property convenience to San Gabriel's finest restaurants, cafes, bakeries, shopping centers! Great location and great property for first time buyers or investment property.

Last Agent to Sell the Property

YAJAIRA MUNOZ

Wheeler Steffen Sotheby's Int. Brokerage Phone: 626.278.9609 License #01350240 Listed on: 06/06/2025

Wheeler Steffen Sotheby's Int.

Last Buyer's Agent

Pui Ching Tsui

LeMark Realty License #01889817

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 9,476 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 6 Bedrooms
  • 9,473 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Sewer

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1874
  • Assessor Parcel Number 5258006070
  • $876 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $88
  • Insurance Expense $1,100
  • Water Sewer Expense $500
  • Operating Expense $3,000
  • Gross Income $79,086
  • Net Operating Income $79,086

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

9,476 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 500.00
  • Zoning: MPR2**
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5258006070
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 147.79
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Private Sewer
  • Water Source: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9476.00
  • Lot Size Acres: 0.2175
  • Latitude Manual: 34.06357500

Multi Family

  • Electric Expense: 88.00
  • Gross Income: 79086.00
  • Gross Scheduled Income: 6590.52
  • Insurance Expense: 1100.00
  • Lot Size Area: 9476.0000 Square Feet
  • Net Operating Income: 79086.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 18
  • Tax Tract Number: 1874
  • TaxOtherAnnualAssessmentAmount: 876.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jun 21, 2025
Sold by
Lilian S Ileto Living Trust and Ileto Ismael S
Bought by
Chow And Chang Family Trust and Chow
Seller's Agent
YAJAIRA MUNOZ
Wheeler Steffen Sotheby's Int.
Buyer's Agent
Pui Ching Tsui
LeMark Realty
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Views
4
Current Estimated Value
$1,388,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,072
Avg. Annual Appreciation
-0.07%
Original Mortgage
$730,000
Outstanding Balance
$728,137
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$671,238

Purchase Details

Closed on
Jan 15, 2019
Sold by
Sawal Loida C and Estate Of Jason A Sawal
Bought by
Ileto Lilian S and The Lilian S Ileto Living Trus

Purchase Details

Closed on
May 2, 2017
Sold by
Ileto Lilian S
Bought by
Ileto Lilian S and The Lilian S Ileto Living Trus

Purchase Details

Closed on
Aug 13, 2003
Sold by
Ileto Lilian S and Lilian S Ileto Trust
Bought by
Ileto Lilian S and Sawal Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Sawal Avelino C
Bought by
Sawal Jason A

Purchase Details

Closed on
Dec 10, 1999
Sold by
Ileto Lilian S
Bought by
Ileto Lilian S and The Lilian S Ileto Living Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,400,000 Chicago Title Company
Grant Deed -- Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $730,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $1,400,000 -6.6% $148 / Sq Ft
07/14/2025 07/14/25 For Sale $1,499,000 0.0% $158 / Sq Ft
07/09/2025 07/09/25 Price Changed $1,499,000 0.0% $158 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $1,499,000 0.0% $158 / Sq Ft
10/08/2024 10/08/24 Off Market $2,350 -- --
09/02/2024 09/02/24 For Rent $2,350 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $7,528 $514,172 $312,269 $201,903
2024 $7,528 $504,092 $306,147 $197,945
2023 $7,290 $494,209 $300,145 $194,064
2022 $6,977 $484,519 $294,260 $190,259
2021 $6,934 $475,020 $288,491 $186,529
2020 $6,871 $470,150 $285,533 $184,617
2019 $6,225 $424,467 $271,029 $153,438
2018 $6,048 $416,145 $265,715 $150,430
2016 $2,992 $187,805 $70,887 $116,918
2015 $2,937 $184,985 $69,823 $115,162
2014 $2,918 $181,363 $68,456 $112,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25127455

California Regional Multiple Listing Service (CRMLS)

APN: 5258-006-070

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