NOT LISTED FOR SALE

1298 Dorner Dr Monterey Park, CA 91754

Estimated Value: $983,000 - $1,233,000

4 Beds
3 Baths
2 Sq Ft
$570,389/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $970,000 $485,000 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,330/month

13 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Shed
  • Robert Hill Lane Elementary School Rated 9+
  • Laundry Room
  • Tile Flooring

About This Home

As of October 2021

Excellent duplex - Prime Locate in the City of Monterey Park - 2 units: 1298 is the larger of the two with 2 beds and 2 baths, 1298 unit has a rear yard, Patio and a Large Shed, block wall fencing & a two car garage, Laminate wood flooring in living Rm, the hall ways & the two bedrms; the two bathrms have tile flooring & shower walls also tiled; Kitchen host an Island, tile counter tops & Panty & lots of Cabinets, Dual pane windows and slide door to rear yard - Washer & Dryer Hooks ups located in main Master Bathrm. the second unit 1294 has two bedrms & 1 bathrm. and has a small outside seating
area. The side of unit has wood fencing. Wood Laminate flooring in living room area, hall way and the two bedrms; tile floors for the kitchen and tile in the bathrms. The Kitchen also host a Granite counter Island - & kitchen has granite countertops, and a panty; Laundry Hookups are outside under a cover room. The Duplex is close to Atlantic Square, which host many restaurants, shopping plazas and few blocks from East Los Angeles College. FWY close to the 60, I-10, I-710 & the 5 easy commute to downtown Los Angeles and to Orange County.

Last Agent to Sell the Property

Juan Chavez

All Pro Realty License #01119766 Listed on: 08/16/2021

Last Buyer's Agent

Phuong Ton-Nu

First Real Estate Services License #01405274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,527

Year Built

  • Built in 1947

Lot Details

  • 9,043 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Asphalt Roof

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 73
  • Tax Tract Number 14691
  • Assessor Parcel Number 5251028001
  • $595 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $809
  • Trash Expense $1,195
  • Water Sewer Expense $1,260
  • Operating Expense $4,221
  • Gross Income $46,176
  • Net Operating Income $46,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,527

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: 2 -stand alone stoves, 2-micro wave, 2- refrigerator, 2 W/D, all kitchen appliances are stainless Steel, all fans in the bedrms
  • Price Per Unit: 475000
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 1260.00
  • Zoning: MPR2*
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5251028001
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1195.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 9043.00
  • Lot Size Acres: 0.2076
  • Latitude Manual: 34.03861600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 46176.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 809.00
  • Lot Size Area: 9043.0000 Square Feet
  • Net Operating Income: 46176.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4224.00
  • Rent Control: No
  • Total Expenses: 4221.00

Tax Info

  • Tax Census Tract: 5304.00
  • Tax Lot: 73
  • Tax Tract Number: 14691
  • TaxOtherAnnualAssessmentAmount: 595.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 13, 2021
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Truong Nancy Thanh and Ear Daniel
Seller's Agent
Juan Chavez
All Pro Realty
Buyer's Agent
Phuong Ton-Nu
First Real Estate Services
List Price
$950,000
Sold Price
$970,000
Premium/Discount to List
$20,000
2.11%
Current Estimated Value
$1,140,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,778
Avg. Annual Appreciation
4.25%
Original Mortgage
$727,500
Outstanding Balance
$664,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$475,928

Purchase Details

Closed on
Jan 6, 2017
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Alberto and Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2016
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2016
Sold by
Silva Joe and Silva Leticia
Bought by
Silva Leticia and Silva Joe

Purchase Details

Closed on
Nov 12, 2014
Sold by
Silva Joe and Silva Leticia
Bought by
Silva Joe and Silva Leticia

Purchase Details

Closed on
Nov 10, 2014
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Alberto and Diaz Sandra

Purchase Details

Closed on
Aug 16, 2014
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Alberto and Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2013
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Alberto and Diaz Sandra

Purchase Details

Closed on
May 5, 2006
Sold by
Diaz Alberto and Silva Joe
Bought by
Diaz Alberto and Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 2005
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Alberto and Silva Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2005
Sold by
Diaz Alberto
Bought by
Diaz Alberto and Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2003
Sold by
Diaz Alberto and Diaz Sandra
Bought by
Diaz Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1994
Sold by
Lee Kathy Ann
Bought by
Diaz Alberto and Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.61%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Truong Nancy Thanh $970,000 Usa National Twa Company Inc
Diaz Alberto -- Accommodation
Diaz Sandra -- Usa National Title Co
Silva Leticia -- None Available
Silva Joe -- None Available
Diaz Alberto -- None Available
Diaz Alberto -- American Coast Title
Diaz Alberto -- None Available
Diaz Alberto -- None Available
Diaz Alberto -- --
Diaz Alberto -- --
Diaz Alberto -- Landsafe Title
Diaz Alberto -- Landsafe Title
Diaz Alberto $245,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Nancy Thanh $727,500
Previous Owner Diaz Alberto $497,000
Previous Owner Diaz Sandra $479,500
Previous Owner Diaz Alberto $63,100
Previous Owner Diaz Alberto $436,800
Previous Owner Diaz Alberto $462,000
Previous Owner Diaz Alberto $399,000
Previous Owner Diaz Alberto $350,000
Previous Owner Diaz Alberto $317,000
Previous Owner Diaz Alberto $256,000
Previous Owner Diaz Alberto $60,000
Previous Owner Diaz Alberto $213,750
Previous Owner Diaz Alberto $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $970,000 +2.1% $485,000 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $950,000 -- $475,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,527 $1,029,371 $817,130 $212,241
2024 $13,527 $1,009,188 $801,108 $208,080
2023 $13,282 $989,400 $785,400 $204,000
2022 $12,651 $970,000 $770,000 $200,000
2021 $7,674 $565,337 $419,758 $145,579
2020 $7,728 $559,541 $415,454 $144,087
2019 $7,433 $548,570 $407,308 $141,262
2018 $7,268 $537,815 $399,322 $138,493
2016 $7,560 $426,368 $290,835 $135,533
2015 $5,590 $419,965 $286,467 $133,498
2014 $5,584 $411,739 $280,856 $130,883
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Juan Chavez

    All Pro Realty

    (714) 863-8531

    1 in this area

    6 Total Sales

    Juan Chavez
    Section Image

  • P

    Buyer's Agent in 2021

    Phuong Ton-Nu

    First Real Estate Services

    (714) 720-8901

    1 in this area

    19 Total Sales

    Phuong Ton-Nu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21179763

California Regional Multiple Listing Service (CRMLS)

APN: 5251-028-001

California Los Angeles County Monterey Park 91754

1298 Dorner Dr, Monterey Park, CA

This home is located at 1298 Dorner Dr, Monterey Park, CA 91754 since 16 August 2021 and is currently estimated at $1,140,778, approximately $570,389 per square foot. This property was built in 1947. 1298 Dorner Dr is a home located in Los Angeles County with nearby schools including Robert Hill Lane Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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