NOT LISTED FOR SALE

232 E Emerson Ave Unit C Monterey Park, CA 91755

Estimated Value: $1,203,000 - $1,756,453

2 Beds
1 Bath
759 Sq Ft
5,314 Sq Ft Lot

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Walk-In Closet
  • Repetto Elementary School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of September 2023

Super conviencence location!!! Spacious 2 bedrooms, 1 full bath located in Monterey Park. Features include a large closet space in the master bedroom, newly upgraded flooring and kitchen countertop, AC, Gas stove, tile shower walls, gated private community, 1 parking space, and plenty of street parking. This property is located in a good school district and is only a 5-minute drive to the 10 freeways, restaurant, hospital, and shopping plaza. Currently is tenant-occupied, the tenant will remove all personal stuff.

Last Agent to Rent the Property

Sunny Sheng

Re/Max Top Producers License #01965217 Listed on: 09/12/2023

Re/Max Top Producers

Last Renter's Agent

Na Shao

Coldwell Banker George Realty License #01965217

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,153

Year Built

  • Built in 1959

Lot Details

  • 5,314

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 759 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Fireplace in Bathroom

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Air

Listing and Financial Details

  • Security Deposit $2,500
  • 12-Month Minimum Lease Term
  • Available 10/1/23
  • Tax Lot 51
  • Tax Tract Number 51
  • Assessor Parcel Number 5255016003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,153

Year Built

Built in 1959

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-10-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3YY
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5255016003
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 759.00 Square Feet
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Bath, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.50
  • Room Type: Kitchen, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5313.00
  • Lot Size Acres: 0.1220

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5313.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 51
  • Tax Tract Number: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2011
Sold by
Wong Bing Lim and Wong Shiu Ngor Gee
Bought by
Tsay Chi and Tsay Beelein
Current Estimated Value
$1,557,113

Purchase Details

Closed on
Mar 14, 2003
Sold by
Duong Giai
Bought by
Wong Bing Lim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2002
Sold by
Tran Jessica
Bought by
Duong Giai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,500
Interest Rate
6.12%

Purchase Details

Closed on
Nov 5, 2002
Sold by
Yip Bing and Yip Lillian
Bought by
Duong Giai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,500
Interest Rate
6.12%

Purchase Details

Closed on
May 28, 1996
Sold by
Yip Michael
Bought by
Yip Michael L and Yip Ruby L
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Tsay Chi $653,000 Advantage Title Inc
Wong Bing Lim $620,000 Investors Title Company
Duong Giai -- Investors
Duong Giai $478,000 Investors Title Company
Yip Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Bing Lim $641,250
Previous Owner Wong Bing Lim $550,000
Previous Owner Wong Bing Lim $135,000
Previous Owner Wong Bing Lim $250,000
Previous Owner Duong Giai $358,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Rented $1,900 0.0% --
09/12/2023 09/12/23 For Rent $1,900 +5.6% --
09/26/2022 09/26/22 Rented $1,800 -5.3% --
08/21/2022 08/21/22 For Rent $1,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,153 $820,193 $376,811 $443,382
2024 $11,153 $804,112 $369,423 $434,689
2023 $10,932 $788,346 $362,180 $426,166
2022 $10,429 $772,889 $355,079 $417,810
2021 $10,210 $757,735 $348,117 $409,618
2019 $9,853 $735,262 $337,793 $397,469
2018 $9,831 $720,846 $331,170 $389,676
2016 $9,124 $692,857 $318,311 $374,546
2015 $8,981 $682,450 $313,530 $368,920
2014 $8,869 $669,083 $307,389 $361,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23170897

California Regional Multiple Listing Service (CRMLS)

APN: 5255-016-003