NOT LISTED FOR SALE

214 N Nicholson Ave Monterey Park, CA 91755

7 Beds
4 Baths
7,736 Sq Ft
0.27 Acres

Last Sold June 05, 2013

Last sale price $1,960,000 $253 Per Sq Ft

20 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace
  • Repetto Elementary School Rated A-
  • Level Lot

About This Home

As of June 2013

Prime location of Monterey Park City. Close to Market, restaurant and all.Easy to rent and manage.6 unit 2 bedroom/1 bath and 4 unit 1 bedroom/1 bath. Please drive by only. Owner is willing to do exterior painting.

Last Agent to Sell the Property

Dorine Tuan

CBD INVESTMENT INC. Listed on: 03/12/2013

CBD INVESTMENT INC.

Last Buyer's Agent

Katherine Lee

Katherine Lee, Broker License #01875064

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 7,736 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Parking

  • 10 Parking Spaces
  • 10 Carport Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 5255018015

Community Details

Building Details

  • 10 Leased Units
  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,070
  • Insurance Expense $2,825
  • Maintenance Expense $2,000
  • Water Sewer Expense $6,914
  • New Taxes Expense $23,500
  • Gross Income $11,400
  • Net Operating Income $98,303

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 6914.00
  • Property Type: Residential Income
  • Parcel Number: 5255018015
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 253.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 11774.00
  • Lot Size Acres: 0.2700

Multi Family

  • Electric Expense: 1070.00
  • Gross Income: 11400.00
  • Gross Scheduled Income: 136800.00
  • Insurance Expense: 2825.00
  • Lot Size Area: 11774.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 98303.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 38497.00
  • Rent Control: Yes
  • Total Actual Rent: 11300.00

Tax Info

  • New Taxes Expense: 23500.00
  • Tax Lot: 36
  • Tax Tract Number: 0000

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2013 06/05/13 Sold $1,960,000 0.0% $253 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $1,960,000 -- $253 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dorine Tuan

    Seller's Agent in 2013

    Dorine Tuan

    CBD INVESTMENT INC.

    (626) 446-8999

    12 Total Sales

    Dorine Tuan
    Section Image

  • K

    Buyer's Agent in 2013

    Katherine Lee

    Katherine Lee, Broker

    (626) 433-8383

    Katherine Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13041804

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Monterey Park 91755

214 N Nicholson Ave, Monterey Park, CA

Not Listed for Sale

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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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