Anita Wong
Re/Max Premier Properties
(626) 986-3477
42 Total Sales
4 in Monterey Park
$450K - $1.1M Price Range
The subject property is situated on a corner lot totaling 19,066 square feet. Constructed in 1961, 202 E Hellman Avenue consists of 12 apartments within 3 buildings with a net rentable area of 11,191 square feet. The neatly landscaped, well-maintained property is separately metered for gas and electric and offers a laundry facility and covered parking including carports and garage spaces.The desirable unit mix consists of all two-bedroom apartments, two of which are townhome-style. The units offer modern appointments such as tile flooring, granite countertops, gas stove, wall unit for heating and cooling, and ample storage space. Select units have a patio. While the current ownership has diligently maintained the property, the current ownership has not been aggressive in increasing rents or implementing full unit renovations. With current rents approximately 30% below market, a new owner is presented with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations. There are no local rent control restrictions (the property remains subject to AB 1482). PART OF A 7 BUILDING PORTFOLIO; CAN BE SOLD INDIVIDUALLY.
Last Agent to Sell the Property
CB Richard Ellis, Inc. License #01435254 Listed on: 03/02/2022
Last Buyer's Agent
Steve Tang
License #01881791
Anita Wong
Re/Max Premier Properties
(626) 986-3477
42 Total Sales
4 in Monterey Park
$450K - $1.1M Price Range
Margaret Tsay
ATM INVEST REALTY, INC.
(323) 677-0993
5 Total Sales
1 in Monterey Park
$925,000 Price
Elizabeth Lau
Pinnacle Real Estate Group
(626) 507-9738
14 Total Sales
2 in Monterey Park
$475K - $2.1M Price Range
Roseann Oesterreich
Coldwell Banker Envision
(424) 306-0403
30 Total Sales
1 in Monterey Park
$840,000 Price
Ken Sisson
Christie's International Real Estate SoCal
(424) 373-6518
32 Total Sales
1 in Monterey Park
$685,000 Price
Eli Strickland
RE/MAX INNOVATIONS
(833) 400-8714
139 Total Sales
6 in Monterey Park
$605K - $1.4M Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Sun Kuang Ching | $4,280,000 | Old Republic Title | |
| Wong Yim Pooi | -- | Accommodation | |
| Wong Chik Pui | -- | Ticor Title Co Fullerton | |
| Wong Yim Pooi | -- | Ticor Title Co Fullerton | |
| Wong Yim Pooi | $1,980,000 | Ticor Title Co Fullerton | |
| Behrens Llc | -- | -- | |
| The Behrens Family Lp | -- | -- | |
| Behrens Llc | -- | -- | |
| The Behrens Family Lp | -- | -- | |
| Chan Henry S | $175,000 | First American Title |
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 | $1,960,000 | ||
| Previous Owner | Wong Yim Pooi | $1,280,000 | |
| Previous Owner | Wong Yim Pooi | $1,282,000 | |
| Previous Owner | Wong Yim Pooi | $990,000 | |
| Previous Owner | Wong Yim Pooi | $990,000 | |
| Previous Owner | Chan Henry S | $130,000 |
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 |
|---|---|---|---|---|
| 05/18/2022 05/18/22 | Sold | $4,280,000 | -2.3% | $382 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $4,380,000 | -- | $391 / Sq Ft |
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 | $61,281 | $4,632,808 | $3,117,404 | $1,515,404 |
| 2025 | $61,281 | $4,541,970 | $3,056,279 | $1,485,691 |
| 2024 | $59,487 | $4,452,912 | $2,996,352 | $1,456,560 |
| 2023 | $58,100 | $4,365,600 | $2,937,600 | $1,428,000 |
| 2022 | $34,164 | $2,549,763 | $1,287,759 | $1,262,004 |
| 2021 | $33,730 | $2,499,768 | $1,262,509 | $1,237,259 |
| 2020 | $33,540 | $2,474,537 | $1,249,564 | $1,224,973 |
| 2019 | $32,557 | $2,426,025 | $1,225,063 | $1,200,962 |
| 2018 | $32,520 | $2,378,465 | $1,201,043 | $1,177,422 |
| 2016 | $29,959 | $2,285,724 | $1,154,406 | $1,131,318 |
| 2015 | $29,338 | $2,251,391 | $1,137,066 | $1,114,325 |
| 2014 | $29,132 | $2,207,290 | $1,114,793 | $1,092,497 |
Seller's Agent in 2022
Priscilla Nee
CB Richard Ellis, Inc.
(310) 550-2500
29 Total Sales
ST
Buyer's Agent in 2022
Steve Tang
Source: The MLS
MLS Number: 22-132573
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