Armando Arenas
GEORGE MICHAEL REALTY
(562) 454-0391
42 Total Sales
2 in Monterey Park
$969K - $1.1M Price Range
202 E Hellman Ave Monterey Park, CA 91755
Monterey Park Area
24
Beds
14
Baths
11,191
Sq Ft
0.44
Acre Lot
Highlights
- 0.44 Acre Lot
- Ynez Elementary School Rated A-
- Laundry Facilities
About This Home
As of May 2022The 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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 19,066 Sq Ft Lot
Parking
- 2 Car Garage
Interior Spaces
- 11,191 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 24 Bedrooms
- 14 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 12 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 5255-014-015
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
Listed on
Mar 2, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Priscilla Nee
CB Richard Ellis, Inc.
Buyer's Agent
Steve Tang
List Price
$4,380,000
Sold Price
$4,280,000
Premium/Discount to List
-$100,000
-2.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 2, 2022
Closed on
May 9, 2022
Sold by
Bought by
Seller's Agent
Priscilla Nee
CB Richard Ellis, Inc.
Buyer's Agent
Steve Tang
List Price
$4,380,000
Sold Price
$4,280,000
Premium/Discount to List
-$100,000
-2.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2014
Sold by
Bought by
Purchase Details
Closed on
Aug 10, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 3, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 10, 2005
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 14, 2004
Sold by
Bought by
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
5.94%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monterey Park, CA
-
Armando Arenas
-
Cynthia Hom
Cynthia Hom
QUEEN'S REALTY CO.
(626) 628-9026
16 Total Sales
2 in Monterey Park
$1M - $1.4M Price Range
-
Peggy Lim
Peggy Lim
Responds QuicklyReal Brokerage Technologies
(626) 889-5586
87 Total Sales
2 in Monterey Park
$1,182,500 Price Range
-
Shari Nign
Shari Nign
Rader Realtors
(626) 727-7143
21 Total Sales
2 in Monterey Park
$1,265,000 Price Range
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
147 Total Sales
1 in Monterey Park
$910,000 Price
-
Nicole Jones
Nicole Jones
HOMESMART, EVERGREEN REALTY
(909) 443-1851
167 Total Sales
1 in Monterey Park
$700,000 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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $4,280,000 | Old Republic Title | ||
| -- | Accommodation | ||
| -- | Ticor Title Co Fullerton | ||
| -- | Ticor Title Co Fullerton | ||
| $1,980,000 | Ticor Title Co Fullerton | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $175,000 | First American Title |
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 |
|---|---|---|---|
| Previous Owner | $1,960,000 | ||
| Previous Owner | $1,280,000 | ||
| Previous Owner | $1,282,000 | ||
| Previous Owner | $990,000 | ||
| Previous Owner | $990,000 | ||
| Previous Owner | $130,000 |
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 |
|---|---|---|---|---|
| 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 |
Source: The MLS
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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Priscilla Nee
Seller's Agent in 2022
Priscilla Nee
CB Richard Ellis, Inc.
(310) 550-2500
30 Total Sales
-
S
Buyer's Agent in 2022
Steve Tang
Map
Source: The MLS
MLS Number: 22-132573
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.
© 2026 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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