162 E Graves Ave Monterey Park, CA 91755
3
Beds
1
Bath
1,171
Sq Ft
8,372
Sq Ft Lot
Highlights
- Midcentury Modern Architecture
- View of Hills
- No HOA
- Repetto Elementary School Rated A-
- Wood Flooring
- Living Room
About This Home
As of December 2024Discover your dream home in the tranquil hills of Monterey Park! This beautifully renovated mid-century gem offers the perfect blend of classic charm and modern updates. Featuring 3 bedrooms and 1 bathroom, this home boasts some recent updates including the roof, windows, plumbing, lighting, and more. Step inside to find the elegance of refinished original hardwood floors and an abundance of natural light that creates a warm and inviting atmosphere. The brand-new kitchen is a chef's delight, showcasing sleek countertops, contemporary cabinetry, and top-of-the-line appliances. The updated bathroom offers a fresh and stylish design that adds a touch of luxury to your daily routine. Need a second bathroom? Great news! The seller is giving a credit towards the cost of installing a second bathroom. The backyard is an entertainer's paradise, offering a park-like setting surrounded by lush greenery and stunning views of rolling hills. It's an ideal space for hosting gatherings or simply enjoying peaceful outdoor moments. Situated conveniently near the freeway and local amenities, this home provides easy access while feeling like a serene retreat nestled on the hillside. The detached 2-car garage offers versatile potential, whether as a creative studio or a future ADU. Plus, there's plenty of space in the rear yard if you desire to expand the home in the future. Don't miss out on this opportunity to own a beautiful, updated home in a coveted location. Schedule a visit today and imagine the possibilities for your new life here!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,761
Year Built
- Built in 1951
Lot Details
- 8,372 Sq Ft Lot
- Lot Dimensions are 131x67
- Property is zoned MPR1YY
Parking
- 2 Parking Spaces
Property Views
- Hills
- Park or Greenbelt
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 1,171 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Laundry in Garage
Kitchen
- Oven or Range
- Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5264-002-017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2024
Closed on
Nov 13, 2024
Sold by
Macias Gregory John and Macias Sandra
Bought by
Lake Seth James Earle and Lake Celina Valencia
Seller's Agent
John Christopher
Compass
Buyer's Agent
Liam McNiff
eXp Realty of Greater Los Angeles
List Price
$998,000
Sold Price
$930,000
Premium/Discount to List
-$68,000
-6.81%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,509
Avg. Annual Appreciation
-4.96%
Original Mortgage
$725,400
Outstanding Balance
$720,343
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$178,475
Purchase Details
Closed on
Feb 12, 2024
Sold by
James Lee Padgett Living Trust
Bought by
Macias Gregory John and Macias Sandra
Purchase Details
Closed on
May 7, 2022
Sold by
Lee Padgett James
Bought by
James Lee Padgett Living Trust
Purchase Details
Closed on
Jun 17, 1999
Sold by
Lee Stephen S
Bought by
Padgett James Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.2%
Similar Homes in Monterey Park, CA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $930,000 | Consumers Title Company | |
| Grant Deed | $580,000 | Orange Coast Title Company | |
| Deed | -- | None Listed On Document | |
| Grant Deed | $180,000 | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,400 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $70,500 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $130,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $930,000 | -3.0% | $794 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | Price Changed | $959,000 | -3.9% | $819 / Sq Ft |
| 08/21/2024 08/21/24 | For Sale | $998,000 | -- | $852 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $3,761 | $930,000 | $807,800 | $122,200 |
| 2024 | $3,761 | $271,204 | $215,467 | $55,737 |
| 2023 | $3,684 | $265,888 | $211,243 | $54,645 |
| 2022 | $3,515 | $260,675 | $207,101 | $53,574 |
| 2021 | $3,467 | $255,565 | $203,041 | $52,524 |
| 2019 | $3,346 | $247,987 | $197,020 | $50,967 |
| 2018 | $3,324 | $243,125 | $193,157 | $49,968 |
| 2016 | $3,084 | $233,686 | $185,657 | $48,029 |
| 2015 | $3,035 | $230,177 | $182,869 | $47,308 |
| 2014 | $2,999 | $225,669 | $179,287 | $46,382 |
Source: Public Records
Agents Affiliated with this Home
-
John Christopher
Seller's Agent in 2024
John Christopher
Compass
(818) 653-2283
1 in this area
41 Total Sales
-
Liam McNiff
L
Buyer's Agent in 2024
Liam McNiff
eXp Realty of Greater Los Angeles
(323) 717-5887
1 in this area
3 Total Sales
-
Justin Borges
Buyer Co-Listing Agent in 2024
Justin Borges
eXp Realty of Greater Los Angeles
(323) 684-4421
1 in this area
118 Total Sales
Map
Source: The MLS
MLS Number: 24-430711
APN: 5264-002-017
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© 2025 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.
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