Seller's Agent in 2021
Mel K H Wong
RE/MAX
(626) 252-5668
2 in this area
6 Total Sales
218 N Nicholson Ave Monterey Park, CA 91755
12
Beds
9
Baths
8,273
Sq Ft
0.39
Acres
Highlights
- 0.39 Acre Lot
- Contemporary Architecture
- Granite Countertops
- Repetto Elementary School Rated A-
- Property is near public transit
- No HOA
About This Home
As of December 2021All units have radiant heat in the ceiling and has been recently installed with mini split AC units. All bathrooms have been remodeled, except one, last year. Many long term tenants, none have received any pandemic relief. Front owners unit has been fully remodeled and unit H has just completed remodeling and is ready for new tenant. 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 Agent to Sell the Property
RE/MAX ELITE REALTY License #00390209 Listed on: 10/06/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 63 x 272
- Two or More Common Walls
- Block Wall Fence
- Rectangular Lot
- Level Lot
Home Design
- Contemporary Architecture
- Property Attached
- Slab Foundation
- Fire Rated Drywall
- Asbestos Shingle Roof
- Stucco
Interior Spaces
- 8,273 Sq Ft Home
- Ceiling Fan
- Window Screens
- Living Room
- Laundry Room
Kitchen
- Range Hood
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 12 Bedrooms
- 9 Bathrooms
Parking
- 10 Open Parking Spaces
- 19 Parking Spaces
- 9 Carport Spaces
Accessible Home Design
- Doors swing in
- Doors are 32 inches wide or more
Eco-Friendly Details
- ENERGY STAR Qualified Equipment
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Urban Location
Utilities
- Ductless Heating Or Cooling System
- SEER Rated 13-15 Air Conditioning Units
- Radiant Heating System
- 220 Volts in Kitchen
- Water Heater
- Sewer Paid
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity
- Tax Lot 35
- Tax Tract Number 481
- Assessor Parcel Number 5255019027
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 9 Separate Electric Meters
- Electric Expense $624
- Gardener Expense $480
- Insurance Expense $3,600
- Trash Expense $2,835
- Water Sewer Expense $3,000
- Operating Expense $43,772
- Gross Income $171,024
- Net Operating Income $122,121
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
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)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mel K H Wong
-
Ben Situ
Buyer's Agent in 2021
Ben Situ
ALLIANCE REALTY KINGDOM INC.
(626) 251-7817
5 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21221748
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