$3,499,000

218 N Nicholson Ave Monterey Park, CA 91755

Estimated payment $22,069/month

Total Views 787
7 Beds
4 Baths
8,273 Sq Ft
$423 Price per Sq Ft

Highlights

  • 0.39 Acre Lot
  • Laundry Room
  • Back and Front Yard
  • Repetto Elementary School Rated A-

About This Home

Prime location, huge lot many rooms to add ADUS. All units have radiant heat in the ceiling and has been recently installed with mini split AC units. All bathrooms have been recently remodeled, Many long term tenants. Complex is only 1/2 block to major bus transportation, shopping, restaurants, market, etc. Walking distance to Award Winning Mark Keppel High School. Roof was replaced in 2018. Pride of Ownership and been exceptionally well maintained.

Last Listed By

Ben Situ

ALLIANCE REALTY KINGDOM INC. Brokerage Phone: 626-251-7817 License #01857207 Listed on: 06/06/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.39 Acre Lot
  • Back and Front Yard
  • Property is zoned MPR3YY

Interior Spaces

  • 8,273 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 1800
  • Assessor Parcel Number 5255019027
  • $2,683 per year additional tax assessments

Community Details

Overview

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Price Per Unit: 437375
  • Property Attached: No
  • Water Sewer Expenses: 3200.00
  • Zoning: MPR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5255019027
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 422.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2835.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 17122.00
  • Lot Size Acres: 0.3931

Multi Family

  • Electric Expense: 860.00
  • Gross Income: 199200.00
  • Gross Scheduled Income: 199200.00
  • Insurance Expense: 8504.00
  • Lot Size Area: 17122.0000 Square Feet
  • Net Operating Income: 147200.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 52000.00
  • Rent Control: No
  • Total Expenses: 15499.00

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 35
  • Tax Tract Number: 1800
  • TaxOtherAnnualAssessmentAmount: 2683.00

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
06/06/2025 06/06/25 For Sale $3,499,000 +9.3% $423 / Sq Ft
12/03/2021 12/03/21 Sold $3,200,000 +6.7% $387 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $3,000,000 -- $363 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25127572

California Regional Multiple Listing Service (CRMLS)